Bank Simpanan Nasional Act 1974 · s 11

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s 11Meetings of the Board

(1)

The Chairman shall summon Board meetings as often as required but not less frequently than once a month.

(2)

The Chairman, or in his absence, the Deputy Chairman, shall preside at every meeting of the Board. In the absence of both the Chairman and the

Deputy Chairman, members of the Board shall elect a person from among themselves to act as Chairman.

(3)

Any three members may requisition a meeting of the Board.

(4)

Four members of the Board present at a meeting of the Board shall form a quorum.

(5)

All decisions at a meeting of the Board shall be by a simple majority of the votes of the directors present and voting:

Provided that if upon any question the votes are equally divided, the

Chairman or the person presiding shall have a casting vote.