Section 11, The National Social Security and Insurance Trust Act, 2001

(1) The Board shall hold its first meeting on such date and at such place as the Minister, after consultation with the Board, shall determine and thereafter the Board shall meet at such time and place as it thinks fit, but the Board shall meet at least four times a year. (2) An extraordinary meeting of the Board may be held at the request in writing of the Chairman of the Board and shall be held at the written request of five members. (3) At any meeting at which he is present, the Chairman of the Board shall preside but in his absence the members of the Board present shall elect one of their number to preside. (4) The quorum at a meeting of the Board shall be eight, including the Chairman of the Board or the Director-General. (5) Decisions of the Board shall be taken by a simple majority of the members of the Board present and voting and, in the case of equality of votes, the Chairman of the Board or other member presiding shall have a casting vote. (6) The Board may co-opt any person to advise or otherwise assist it at any of its meetings but such person shall not vote on any matter for decision by the Board. (7) Any proposal circulated among all members and agreed to in writing by a two-thirds majority of all members of the Board shall be of the same force or effect as a decision made at a properly constituted meeting of the Board and shall be incorporated in the minutes of the next succeeding meeting of the Board: Provided that if a member requires that such proposal be placed before a meeting of the Board, this subsection shall not apply to the proposal. (8) Any member of the Board who has any interest in a company or undertaking with which the Trust proposes to enter into a contract or who has any interest in any contract which the Trust proposes to make, shall disclose in writing to the Board the nature of his interest and shall, unless the Board otherwise directs, be disqualified from participating in the deliberations of the Board on the contract and shall, in any case, be disqualified from voting in any decision of the Board on such contract; and any member who infringes this subsection shall be liable to be removed from the Board. No. 5 The National Social Security and Insurance Trust Act 2001 9 [Margin: Appointment of Director-General.]