Housing Development Agency Act, 2008
R 385
Sectional Titles Schemes Management Act, 2011 (Act No. 8 of 2011)RegulationsSectional Titles Schemes Management Regulations, 2016AnnexuresAnnexure 1 : Management rulesPart 3 : Trustee meetings and decisions13. Quorum |
| (1) | At a trustee meeting, 50 per cent of the trustees by number, but not less than two, form a quorum. |
| (2) | If the number of trustees falls below the number necessary to form a quorum, the remaining trustee or trustees may continue to act, but only to— |
| (a) | appoint replacement trustees to make up a quorum; or |
| (b) | call a general meeting. |
| (3) | If at any trustee meeting a quorum is not present within 30 minutes of the appointed time for the meeting, the trustees present, but not less than two, must adopt interim resolutions in respect of each item on the agenda. |
| (4) | An interim resolution adopted by trustees in terms of subrule (3) does not take effect unless it is confirmed— |
| (a) | at the next trustee meeting at which a quorum is present; or |
| (b) | by written resolution signed by all the trustees. |
