Commonwealth Consolidated Acts

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REGIONAL INVESTMENT CORPORATION ACT 2018 - SECT 33

Decisions without meetings

  (1)   The Board is taken to have made a decision at a meeting if:

  (a)   without meeting, a m ajority of the Board members entitled to vote on the proposed decision indicate agreement with the decision; and

  (b)   that agreement is indicated in accordance with the method determined by the Board under subsection   ( 2); and

  (c)   all the Board members were informed of the proposed decision, or reasonable efforts were made to inform all the members of the proposed decision.

  (2)   Subsection   ( 1) applies only if the Board:

  (a)   has determined that it may make decisions of that kind without meeting; and

  (b)   has determined the method by which Board members are to indicate agreement with proposed decisions.

  (3)   For the purposes of paragraph   ( 1)(a), a Board member is not entitled to vote on a proposed decision if the Board member would not have been entitled to vote on that proposal if the matter had been considered at a meeting of the Board.

  (4)   The Board must keep a record of decisions made in accordance with this section.



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