juris

Section 12: Meetings of Council

Financial Reporting Act · PART II: ESTABLISHMENT OF FINANCIAL REPORTING COUNCIL

consolidated text (as at 2016, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

12. Meetings of Council (1) The Council shall meet as often as is necessary and at least once every 3 months at such time and place as the Chairperson shall determine. (2) Where at least 3 members give notice to the Chairperson in writing, to convene a meeting of the Council for any purpose specified in the notice, the Chairperson shall, within 15 days of the receipt of that notice, convene a meeting for that purpose. (3) In the absence of the Chairperson at a meeting of the Council, the members present shall elect a member to act as Chairperson of the meeting. (4) In case of prolonged absence of the Chairperson, the Council may authorise any member of the Council to exercise any power or perform any function conferred on the Chairperson under this Act. (5) The Council may co-opt a person to assist the Council in dealing with a specific matter where it is satisfied that the person’s experience or qualifications are likely to help the Council. (6) A person co-opted under subsection (5) shall be entitled to take part in the Council’s proceedings in relation to the specific matter for which he was co-opted and shall have no right to vote. (7) Subject to this Act, the Council may determine its own procedure generally and, in particular, regarding the holding of meetings, the notice to be given of such meetings, the proceedings thereat, the keeping of minutes, the custody, production and inspection of such minutes. (8) At any meeting of the Council, 5 members shall constitute a quorum.

Ask juris about this section Official source