(1) The Board shall meet at least once every month.

(2) The Executive Chairman may at any time summon an emergency meeting of the Board or shall at the written request of any three members of the Board summon such meeting.

(3) At any meeting at which he is present the Executive Chairman shall preside and in his absence a member of the Board elected by the members present shall preside.

(4) Subject to the provisions of this Law, the Board shall regulate its own procedure.

(5) The quorum at every meeting of the Board shall be seven of which at least three shall be non-Executive Directors.

(6) All decisions of the Board shall as far as possible be taken by consensus.

(7) Where no consensus could be reached decisions of the Board shall be taken by a vote of majority of the members present, and in the event of equality of votes the Executive Chairman shall have a casting vote.

(8) The Board may co-opt any person to act as adviser at any meeting of the Board:

Provided that such person shall not vote on any matter for decision by the Board.

(9) The proceedings of the Board shall not be invalidated because of any vacancy in the membership or any defect in the appointment or qualification of any members thereof.