(1) An R&D Corporation must hold such meetings as is necessary for the efficient performance of its functions.
(2) Subject to subsections (3) and (4), meetings are to be held at such times and places as the Corporation from time to time determines.
(3) The Chairperson may call a meeting at any time.
(4) The Chairperson must call a meeting if requested to do so in writing by a majority of the directors.