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Brunei Darussalam Central Bank Order, 2010 (Formerly Known as Autoriti Monetari Brunei Darussalam Order) · s 17

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s 17Meetings and decisions of board

( 1)

The chairman of the board shall call meetings as often as may be required but not less frequently than once in every 2 months.

(2)

The chairman shall call a meeting as soon as practicable after receiving a request from at least 2 other directors.

(3)

No meeting of the board shall be held unless the chairman or the deputy chairman is present.

(4)

At every meeting of the board, a quorum shall consist of a simple majority of the directors.

(5)

Decisions shall be adopted by a simple majority of the votes of the directors present and, in the event of an equality of votes, the chairman shall have a casting vote.

(6)

Subject to this Order, the board may regulate its own procedure.

(7)

The chairman may appoint any person, not being a director, to be the secretary to the board.