Section 10: Meetings of the board of the Commission

(1) Meetings of the Board of the Commission shall take place as often as may be required but not less than four times in any financial year of the Commission.
(2) The Chairman shall preside at every meeting of the Commission and in his absence, the members present at such meeting shall appoint one of their members to preside.
(3) Five members of the Board shall form a quorum at any meeting, two of whom shall be non-executive members.
(4) Unless as otherwise provided in this Act, decisions shall be by a simple majority of the vote of the members present but, in case of equality of vote, the presiding chairman shall have a casting vote.
(5) The supplementary provisions set out in the first schedule to this Act shall have effect with respect to the proceedings of the Board of the Commission and the other matters contained therein.