Auditing Profession Act, 2005 (Act No. 26 of 2005)Chapter II : Independent Regulatory Board for AuditorsPart 4 : Governance of Regulatory Board16. Decisions |
| (1) | A decision of the majority of members present at a duly constituted meeting is a decision of the Regulatory Board. |
| (2) | No decision taken by or act performed under the authority of the Regulatory Board is invalid only by reason of— |
| (a) | a casual vacancy on the Regulatory Board; or |
| (b) | the fact that any person who was not entitled to sit as a member of the Regulatory Board participated in the meeting at the time the decision was taken or the act was authorised, if the members who were present and acted at the time followed the required procedure for decisions. |