PROCEDURES OF THE BOARD. 1. The Board shall hold two regular meetings each year and may hold such other meetings as the Board considers necessary. 2. The Board shall elect a Chairman and one Vice-Chairman at its first regular annual meeting. 3. Each member of the Board shall have one vote. 4. A simple majority of the members of the Board shall constitute the quorum for any meeting of the Board. 5. Subject to paragraph 6 of this Article the Board shall take decisions by consensus. A proposal shall be deemed to have been adopted by consensus if no member of the Board raised a formal objection against it during the meeting. 6. Where the Chairman of the Board determines that a decision cannot be reached by consensus, the Chairman shall submit the matter to a vote. In such a case the Board shall take its decision by a majority of two-thirds of its members. 7. Subject to this Agreement, the Board may adopt its own rules of procedure.
Appears in 5 contracts
Samples: Agreement Establishing the Caribbean Court of Justice Trust Fund, Caribbean Court of Justice Trust Fund Act, Agreement Establishing the Caribbean Court of Justice Trust Fund
