(1) All powers vested
in the Corporation may be exercised by a majority of the members present at
any meeting duly held at which a quorum is present, and all questions shall be
decided by a majority and by open voting.
(2) The chairman shall
preside at every meeting of the Corporation at which he is present. If the
chairman is absent from a meeting the other members of the Corporation present
shall select one of their number to act as chairman at that meeting.
(3) If the votes of
the members of the Corporation present at a meeting and voting on a question
are equally divided, the chairman or other person presiding at that meeting
shall have and may exercise a casting vote in addition to a deliberative vote.
(4) Three members of
the Corporation shall form a quorum.
(5) The Corporation
shall keep a record of its proceedings.
(6) Notice of meetings
of the Corporation is to be given to the chief executive officer of the
Corporation, who shall be entitled to attend any meeting of the Corporation
and to participate in the discussion of any matter at the meeting but, unless
a person who is a member of the Corporation, is not entitled to a vote.
[Section 15 amended by No. 96 of 1985
s. 22; No. 11 of 1995 s. 12 and 16.]