(1) At a meeting of the board—(a) the required minimum number of directors constitute a quorum; and(b) a question is to be decided by a majority of the votes of the directors present and voting; and(c) each director present has a vote on each question arising for decision and, if the votes are equal, the director presiding also has a casting vote.
(2) Subsection (1) (a) has effect subject to section 416 .