(1) The Board shall meet at least once every three months for the transaction of business at the times and places determined by the chairperson.

(2) The chairperson shall at the request of not less than one-third of the membership of the Board, convene an extraordinary meeting of the Board at the place and time determined by the chairperson.

(3) The chairperson shall preside at meetings of the Board and in the absence of the chairperson, a member of the Board appointed by the President under section 5{l)(d) shall be elected by the members present from among their number to preside.

(4) The quorum for a meeting of the Board is five members including the Chief Executive Officer or any person acting as the Chief Executive Officer.

(5) Matters before the Board shall be decided by a majority of the members present and in the event of equality of votes, the person presiding shall have a casting vote.

(6) The Board may co-opt a person to attend a Board meeting but that person shall not vote on any matter before the Board for decision.

(7) Except as otherwise expressly provided by this Act, the Board shall determine the procedures for its meetings.

(8) The proceedings of the Board shall not be invalidated by reason of a vacancy among the members or by a defect in the appointment or qualification of a member.