Home Loan and Mortgage Disclosure Act, 2000Chapter I : Introductory provisions9. Meetings of Office |
(1) | The first meeting of the Office must be held at the time and place determined by the Minister, and thereafter a meeting of the Office must be held at the time and place determined by the chairperson. |
(2) | The chairperson— |
(a) | may convene a special meeting of the Office; |
(b) | must convene such meeting within 14 days of the receipt of a written request signed by at least five members of the Office to convene such meeting. |
(3) | A quorum for a meeting of the Office is more than 50 per cent of its members. |
(4) | The chairperson determines the procedure at the meetings of the Office. |
(5) | All decisions of the Office must be taken by consensus but where consensus is not reached, the decision of a majority of the members present is the decision of the Office. |
(6) | In the event of an equality of votes on any matter, the person presiding at the meeting will have a casting vote in addition to that person’s deliberative vote. |
(7) | Members of the Office must, before any decisions are taken, disclose any conflicts of interest, financial or otherwise, which they might have in making any decision relating to their tasks. |