Section - 7 - Meeting of the Board.

    (1) The Board shall hold meetings at such places and times as the Chairman may determine, so however that the Board shall meet at least once in every three months.

    (2) The Chairman shall preside at every meeting at which he is present and in his absence a person elected by the members of the Board present from amongst themselves shall preside.

    (3) The quorum at any meeting of the Authority shall be six.

    (4) Unless otherwise provided, the decisions at meetings of the Board shall be adopted by a simple majority of the votes of members present and in the case of equality of votes, the Chairman or the person presiding shall have a second or casting vote.

    (5) The members of the Board shall be paid in respect of attendance at meetings of the Board, such transport, subsistence and other allowances as the Authority may, with the prior approval of the Council, determine.

    (6) The Board may co-opt any person or persons to attend any meeting of the Board as adviser or advisers so, however, that no person so co-opted shall have the right to vote on any matter coming before the Board for decision.

    (7) The validity of any proceedings of the Board shall not be affected by any vacancy amongst the members thereof, or by any defect in the appointment of a member thereof.

    (8) Any member of the Board who has any interest in any company or undertaking with which the Authority proposes to make any contract or has any interest in any contract which the Authority proposes to make shall disclose in writing to the Board the nature of his interest and shall, unless the Board otherwise directs, be disqualified from participating in any deliberations of the Board on the contract and shall, in any case, be disqualified from voting on any decision of the Board concerning such contract and any member who violates the provisions of this subsection shall be liable to be removed from the Board.