Malaysia legislation
Section 61
of SARAWAK SOVEREIGN WEALTH FUTURE FUND BOARD ORDINANCE, 2022
Section 61
Power to amend the Schedules
The Schedules of this Ordinance may be amended by direction issued by the Majlis Mesyuarat Kerajaan Negeri which shall be laid before the Dewan Undangan Negeri and be published in the
Gazette.
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SCHEDULES
FIRST SCHEDULE
PROCEEDINGS OF THE BOARD
Leave of absence 1.―(1) A Guardian shall apply for leave in writing to the Minister specifying the ground of his absence to any meeting of the Board at least seven days before the commencement of the meeting.
(2)
The Minister may, forthwith, grant such application for leave in writing to the Guardian.
Appointment as Temporary Chairman 2.
The Minister may appoint any Guardian or any other person to act as temporary Chairman:
(a)
during any period when there is a vacancy in the office of
Chairman; or
(b)
during any period when the Chairman is on a leave of absence or is temporarily incapacitated or otherwise unable to perform his duties as
Chairman.
Meetings 3.―(1)
All meetings of the Board shall be presided over by the Chairman or in his absence, by any Guardian or any other person appointed for that purpose by the Chairman.
(2)
The quorum of any meeting of the Board shall be five including the
Chairman.
(3)
If for any question to be determined by the Board there is an equality of votes, the Chairman shall have a casting vote.
(4)
Subject to subparagraphs (1), (2), (3) and the provisions of this
Ordinance, the Board shall regulate its own procedures.
(5)
Meetings of the Board shall be called by the Chairman and notice of such meetings shall be signed by the Secretary or any person authorized by the
Secretary and be issued to all Guardians at least seven days before the date of the meeting.
(6)
Notice of meeting shall specify the date, venue and the agenda of the meeting.
Frequency of meetings