New South Wales Consolidated Acts New South Wales Consolidated Acts(cf Vic Act s 215)
(1) Meetings of the board of directors must be held at least once every 3 months and may be held as often as may be necessary.
(2) A meeting of the board of directors may be called by a director giving notice individually to every other director.
(3) A meeting of the board of directors may be called or held using any technology consented to by the board. The consent may be a standing one.
(4) A quorum of a meeting of the board of directors is 50 per cent of the number of directors or such greater number of the directors as is specified in the rules.
(4A) However, for a quorum to exist the number of active member directors present must exceed the number of independent directors present by at least one or by any greater number specified in the rules of the co-operative.
(5) The chairperson of the board may be elected either by the board or at a general meeting of the co-operative, and is to be elected, hold office, and retire, and may be removed from office, as provided by the rules of the co-operative.