S.L. 528.7 чл. 4Meetings of the Board.

(1) The meetings of the Board shall be called by the Chairman as often as may be necessary but at least once a month either on his own initiative or at the request of any two of the other members.

(2) Half the number of members for the time being constituting the Board, shall form a quorum. Decisions shall be adopted by a simple majority of the votes of the members present and voting. The Chairman, or in his absence the Deputy Chairman or other member appointed to act as chairman, shall have an initial vote and in the event of an equality of votes, a casting vote.

(3) Subject to the provisions of the Act and, or these regulations, the Board may regulate its own procedure.

(4) Subject to the foregoing provisions of this regulation, no act or proceeding of the Board shall be invalidated merely by reason of the existence of any vacancy among the members.