Section 5, Agency Act, 2024

(l) The Board shall meet for the dispatch of is businessu, r.uii o*l "r"ry r months a1 the offices ofthe Ageocy and at sucb time as the Chairman may determine' a?\ The Chairman sball preside at every meeting ofthe go-d. ar;;; hi, abseoce. the members pree shall appoint a member t"il-"ng tfr"*lves to preside at that meeting' ('ll A min imwn of 4 members of the Board may' by notice i, *ri rg l'igr.a'ilv th.'^ '"q'e'r oe cttai'mun to summon a.sp€cial **it*""t?n. Board for such purposes as may be suted in the notice- No.3 Ihe Nati ,4c1, 2024 7 (4) The Chairman or, in his absence, the member appointed to act on his behalf shall summon..p""t"l ;;;;;;5 days of his receipr of the notice referred ,, ; .;t;;;i:;.'-'- (5) The quorum at a meeting ofthe Board shall be 4. (Q The Chaimran or other persoD presiding shall have a casting vote where there is an equalityof votes. - (D A proposal circulated among all members and agreed to -in writing by a minimun of4 members ,U"U U" oftfr" .r_" f#" o.effecr.asa decision made at a duly constitutea meeting ofttri noarjano sha,l be incorporated in the minutes of the ne-xt succeeding meeting ofthe Board: - Provided thar, ifa memb€r requires that such proposal be placed before a meeting ofihe Board, this.rb*;;;;L;i;.;;; to such prcposal. _-_, . _ q .Th: -Poard may co-opt any person to attend andpanlcrpale ln its deliberations on any matter but such peson shall rot vore on any issue for the decision by the Board. - (9) The Board sha.ll cause minucs ofall its meetings ro be taken and signed by the Chairman and fept i, proper fonn-. " (10) Subject to this Acr, the Board shall rcgulate its own proccdure. -. 6. 0) A member ofthe Board who has an intercsq whether Disclosure ofdilect or indirecr, in a matter being considered or to be comiao"Jr*, iil'J..r,. roe Board, shall disclos€ the nature ofhis interest to the Board anithe disclosurc shall be recorded in the minute" ofthe Soara and suc;member shall not take pan in a deliberation or aecision of6ogo;irelating to tbat matter. (2) A member ofthe Board who contravenes subt€ction(l ) shall be guilty of misconduct aod shall be,"-or"d fro;;;ie}. 8 No.3 The Natiorutl Monitoring and EealuationAg.ncy Act, 2024 lrnmunity of ,ncmbcrs. Committees -Df Board. Functiotrs of Board. Rcmuncrarion of mcrhbefs. ?, 0) An action or other proceedings shall not lie or be instituted against a member of the Board or member of a committee ofthe Board for or in respect ofan act or thing done or omitted to be done in good faitb in the exercise ofhis functions under this Act. (2) A member ofthe Board shall not be personally liable fq1 any debt or obligation ofthe Agency. E 0) The Board may, for the discharge of its functiorls, appoint one or more comnittees to p€rform such fiDctions.as the Board may determine. @) A comminee shall consist ofmembers ofthe Board or non- members or both as the Board may decide. (3) Without prejudice to the geDerality ofsubseaion (.1), the Board shall appoint an audit committee consistilg of such members oftlle Bord ornon membeq excluding the Direcror4oreral and p€rforming such functions as the Board may determine- (4) A committee shall submit a repron of its proceedings to the Board at such time as the Board may determine.