SCHEDULE
CONDUCT OF BUSINESS AND AFFAIRS OF THE BOARD
1.MeetingsThe Board shall meet as often as may be necessary for the dispatch of its business but there shall be at least four meetings of the Board in any financial year.2.Election of vice-chairpersonAt the first meeting, the Board elects chairperson amongst their number who shall be a person of opposite gender.3.Time and place of meetingsA meeting of the Board shall be held on such date time and place of and at such time and place as the Board may determine.4.Special meetingsThe chairperson shall, on the written application of one-third of the members, convene a special meeting of the Board.5.Quorum.The quorum for the conduct of business at a meeting of the Board shall be the chairperson and any four members.6.VotingThe Chairperson shall preside every meeting of the Board at which the chairperson shall be present and in the absence of the chairperson at a meeting, the vice chairperson shall preside and in the absence of both the chairperson and the vice-chairperson, the members present shall elect one of their number who has, with respect to that meeting and the business transacted there at, have all the powers of the chairperson.7.Decisions of the BoardUnless a unanimous decision is reached, a decision on any matter before the Board shall be by concurrence of a majority of all the members present and voting at the meeting.8.VacancySubject to paragraph 5, no proceedings of the Board shall be invalid by reason only of a vacancy among the members thereof.9.Signification of instruments and decisions of the BoardUnless otherwise provided by or under any law, all instruments made by and decisions of the Board shall be signified under the hand of the Chairperson.