Cap. 438 ст. 15Provisions with respect to proceedings of the Authority.

(1) The meetings of the Authority 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 of the Authority.

(2) The Chairman and at least two other members of the Authority shall form a quorum. Decisions shall be adopted by a simple majority of the votes of the members present and voting. The Chairman shall have an initial vote and in the event of an equality of votes, a casting vote. Without prejudice to the other requirements of this Act, no decision shall be valid which is not supported by at least two members of the Authority.

(3) Subject to the provisions of this Act the Authority may regulate its own procedure.

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

(5) All acts done by any person acting in good faith, as a member of the Authority shall be valid as if he were a member notwithstanding that some defect in his appointment or qualification be afterwards discovered. No act or proceeding of the Authority shall be questioned on the ground of the contravention, by a member, of the provisions of article 9(8). Authority, any books, documents, information or any other thing which the Authority knows, or has reasonable cause to believe, to be in the possession of, or to be known to, the licensee for the purpose of carrying out any of its functions under article 11.

(2) If without reasonable excuse any requirement imposed by a notice served by virtue of subarticle (1) is not complied with, the licensee shall be guilty of an offence under this Act.