Commonwealth Consolidated Acts

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FUTURE FUND ACT 2006 - SECT 49

Quorum

  (1)   At a meeting, 5 Board members form a quorum.

  (2)   Despite subsection   (1), if:

  (a)   section   71 prevents one or more Board members from participating in the deliberations, or decisions, of the Board with respect to a particular matter; and

  (b)   as a result, there is no longer a quorum present; and

  (c)   there are in attendance at least 3 other Board members who would be counted in determining whether a quorum is present;

those other Board members constitute a quorum for the purpose of any deliberation or decision at that meeting with respect to that matter.


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