Section 10
Meeting and decisions of Board
of Brunei Investment Agency Act
ActIn forceProvision 10 of 30
Section 10
(1)
The Chairman of the Board shall summon meetings as often as may be required but not less frequently than once in 3 months.
(2)
At every meeting of the Board a quorum shall consist of three directors, and decisions shall be adopted by a simple majority of the votes of the directors present and voting except that in the case of an equality of votes, the Chairman shall have a casting vote.
(3)
The Chairman shall cause all decisions of the Board and the minutes of meetings to be sent to His Majesty the Sultan and Yang
Di-Pertuan as soon as practicable.