Revised Laws of Saint Lucia (2021)

17.   Procedure and meetings of the Board

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    (1)   The Board shall meet at such times as may be necessary or expedient for the transaction of business, and such meetings shall be held at such place and time and on such days as the Board determines.

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    (2)   The chairperson may at any time call a special meeting of the Board and shall call a special meeting within 7 days of a requisition for that purpose addressed to him or her by at least 3 members of the Board.

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    (3)   The chairperson, or in his or her absence the deputy chairperson, shall preside at all meetings of the Board.

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    (4)   The chairperson shall call a special meeting of the Board if directed by the Minister to do so.

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    (5)   The chairperson, or in his or her absence the deputy chairperson, and 3 other members of the Board shall form a quorum. (Amended by Act 13 of 2017)

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    (6)   The decisions of Invest Saint Lucia shall be by a majority of votes, and in addition to an original vote, in any case in which the voting is equal, the chairperson or deputy chairperson presiding at the meeting has a casting vote.

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    (7)   Minutes in proper form of each meeting shall be kept by the secretary and shall be confirmed by the chairperson or the deputy chairperson, as the case may be, as soon as practicable at a subsequent meeting.

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    (8)   The Board may co-opt any one or more persons to attend any particular meeting of the Board for the purpose of assisting or advising the Board, but such co-opted person does not have the right to vote.

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    (9)   Subject to the provisions of this section, the Board has power to regulate its own proceedings.