Indigenisation and Economic Empowerment Act updated as at 8th May 2015
(6) A majority of members shall form a quorum at any meeting of the Board.
(7) All acts, matters or things, authorised or required to be done by the Board may be
decided by a majority vote at any meeting of the Board at which a quorum is present.
Provided that in the event of an equality of votes the chairperson or person presiding at the
meeting shall have a casting vote in addition to his or her deliberative vote.
(8) With the Board’s approval, the chairperson of the Board may invite any person to
attend a meeting of the Board or a committee, where the chairperson considers that the person
has special knowledge or experience in any matter to be considered by the Board or the
committee, as the case may be, at that meeting.
(9) A person invited to attend a meeting of the Board or of a committee in terms of
subparagraph (8) may take part in the proceedings of the Board or the committee as if he or she
were a member thereof, but he or she shall not have a vote on any question before the Board or
committee, as the case may be.
(10) Any proposal circulated among all members and agreed to in writing by a majority of
them shall have the same effect as a resolution passed at a duly constituted meeting of the
members and shall be incorporated into the minutes of the next succeeding meeting of the
Board:
Provided that if a member requires that such a proposal be placed before a meeting of the
Board, this subparagraph shall not apply to the proposal.
Committees of Board
7.(1) For the better exercise of its functions the Board may establish one or more
committees in which the Board may vest such of its functions as it considers appropriate:
Provided that the vesting of any function in a committee shall not divest the Board of that
function, and the Board may amend or rescind any decision of the committee in the exercise of
that function.
(2) On the establishment of a committee in terms of subparagraph (1), the Board—
(a) shall appoint at least one member of the Board as a member of the committee, and that
member or one of those members, as the case may be, shall be chairperson of the
committee; and
(b) may appoint as members of the committee persons who are not members of the Board
and may fix terms and conditions of their appointment.
(3) Meetings of a committee may be convened at any time and at any place by the
chairperson of the Board.
(4) If the chairperson of a committee is absent from any meeting of the committee, the
members present may elect one of their number to preside at that meeting as chairperson.
(5) A majority of members of a committee shall form a quorum at any meeting of a
committee.
(6) Anything authorised or required to be done by a committee may be decided by a
majority vote at a meeting of the committee at which a quorum is present.
(7) At all meetings of a committee each member present shall have one vote on each
question before the committee:
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