Nuclear Energy Act, 1999 (Act No. 46 of 1999)Chapter II The South African Nuclear Energy Corporation, Limited18. Meetings of Board |
| (1) | The first meeting of the first Board constituted under section 16, must be held at the time and place determined by the Minister. All meetings thereafter will be held at the times and places that the Board determines. |
| (2) | The chairperson may at any time call a special meeting of the Board to be held at a time and place as determined by the chairperson. |
| (3) | All directors must be notified in writing of any meeting mentioned in subsection (1) or (2). |
| (4) | A majority of the total number of directors forms a quorum at any meeting of the Board. |
| (5) | Subject to subsection (4), a decision agreed on by a majority of the directors present at a meeting of the Board is a decision of the Board, and in the event of an equality of votes on any matter, the chairperson of the relevant meeting, has a casting vote in addition to a deliberative vote. |
| (6) | A decision taken by the Board or an act performed under its authority, is not invalid merely because— |
| (a) | there is a vacancy in the Board; or |
| (b) | any person not entitled to do so, sat as a director at the time that decision was taken, |
if that decision was taken or that act was authorised by the required majority of directors present at the meeting who were entitled to sit as directors.
| (7) | In the case where the chairperson is absent or incapacitated or for any reason unable to act, or when the office of chairperson is vacant, the deputy chairperson will perform the functions of the chairperson. However, if the deputy chairperson is also absent or incapacitated or for any reason unable to act, or where the office of the deputy chairperson is vacant, the remaining directors must designate one from their number to act as chairperson. |
| (8) | The Board must hold at least one meeting every three months. |