New South Wales Repealed Acts

This legislation has been repealed.

COMPANIES (ADMINISTRATION) ACT 1981 - SCHEDULE 1C

SCHEDULE 1C – Provisions relating to procedure of the Board

(Section 18C)

1 General procedure

The procedure for the calling of meetings of the Board and for the conduct of business at those meetings shall, subject to this Schedule, be as determined by the Board.

2 Quorum

The quorum for a meeting of the Board is 2 members of whom one must be the Chairperson.

3 Presiding member

(1) The Chairperson shall preside at a meeting of the Board.

(2) At meetings of the Board, the Chairperson has a deliberative vote and, in the event of an equality of votes, has a second or casting vote.

4 Voting

A decision supported by a majority of the votes cast at a meeting of the Board at which a quorum is present is the decision of the Board.

5 Minutes

The Board must cause full and accurate minutes to be kept of the proceedings of each meeting of the Board.

6 First meeting

The Minister shall call the first meeting of the Board in such manner as the Minister thinks fit.