Currency and Monetary Order, 2004 (Formerly Known as Currency Act) · s 6

Suggest a correction

Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.

What is wrong?Wrong or mistyped wordsWrong structure or numberingWrong title or detailsText that appears twice

What should change, and whyUp to 2,000 characters.The text as it should read (optional)Edit the text above. Up to 20,000 characters.Where you checked it (optional)A link to the official version, if you have one.

The text as we hold it

Open the official text

s 6

(1)

The Board shall meet quarterly in each calendar year and at such other times as the chairman considers necessary.

(2)

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

(3)

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

(4)

A quorum of the Board shall consist of 3 members, one of whom shall be the chairman or the deputy chairman.

(5)

Decisions of the Board shall be taken by simple majority of votes and in the event of an equality of votes the chairman shall have a casting vote.

(6)

Subject to the provisions of this Order, the Board shall regulate its own proceedings.

(7)

The Chief Executive Officer shall be the secretary to the Board.

Board may make appointments.