National Environmental Management Act, 1998 (Act No. 107 of 1998)
Financial Provisioning Regulations, 2015
9. Meetings and Quorum
|9.1||The Trustees shall meet from time to time to transact the business of the Trust and the necessary quorum for any such meeting shall be two Trustees personally present. Reasonable notice of every such meeting shall be given to each Trustee and all meetings of the Trustees shall, unless otherwise decided by the Trustees, be held in _______________________________________. Meetings may be held by telephone or any other electronic medium, provided that each Trustee is able properly to participate in the proceedings using such medium.|
|9.2||A resolution signed by all the Trustees shall have the same effect as if it had been passed at a duly constituted meeting.|
|9.3||The provisions of this clause 9 shall be held in abeyance if there is a sole corporate Trustee, which conduct the business of the Trust as it may deem fit, having regard to the requirements of this deed and the Acts and Regulations.|
Join our mailing list!