Indigenisation and Economic Empowerment Act updated May 2011 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: 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) Subject to this paragraph, the procedure to be followed at any meeting of a committee shall be as fixed by the Board. Minutes of proceedings of Board and committees 8.(1) The Board shall cause minutes of all proceedings of and decisions taken at every meeting of the Board and of every committee to be entered in books kept for the purpose. (2) Any minutes referred to in subparagraph (1) which purport to be signed by the person presiding at the meeting to which the minutes relate or by the person presiding at the next following meeting of the Board or the committee concerned, as the case may be, shall be accepted for all purposes as prima facie evidence of the proceedings and decisions taken at the meeting concerned. (3) The Board and any committee of the Board shall cause copies of all minutes that have been signed as provided in subparagraph (2) to be sent to the Minister for his or her information. Validity of decisions and acts of Board and committees 9. No decision or act of the Board or a committee or act that is authorised by the Board or a committee shall be invalid solely because there was a vacancy in the membership of the Board or the committee or because a disqualified person purported to act as a member of the Board or the committee, as the case may be, at the time the decision was taken or the act was done or authorized. - 19 -