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Brunei Investment Agency Act · s 10

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s 10Meeting and decisions of Board

(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.