Section 8, The National Investment Board Act, 2022

(1) The Board shall meet every three months at aminimum for the dispatch of its business at such time and place as the Chairman may determine. (2) The Chairman shall summon emergency meetings as and when the need arises 6 7 Functions of the Board Meetings of the Board . (3) The Chairman shall preside at every meeting of the Board if present and in his absence the Vice Chairman shall preside. (4) In the absence of the Chairman and Vice Chairman under subsection (2) the Members present shall elect a Member to preside. (5) Each Member shall have one vote and in the case of equality of votes the Chairman or other person presiding shall have a casting vote. (6) Any question failed to be determined by the Board at any of its meetings shall be decided by a majority of the votes of the Members present. (7) The Board may co-opt any person to attend and provide technical assistance or advice to the Board on any matter but such person shall not be entitled to vote on any issue for decision by the Board. (8) The quorum of a meeting shall be two thirds of Board Members including the Chairman or Vice Chairman. (9) The Board shall cause minutes of all its meetings to be taken and signed by the Chairman and Secretary to the Board and kept in a proper form. (10) Subject to this Act the Board shall regulate its own proceedings.