Schedule 1

The Chairperson and other members of the Board must be appointed by the Minister and hold office for such period and on such terms and conditions as the Minister may determine.(2) The members comprise such persons from the private sector and public sector as the Minister thinks fit.(3) The Minister may appoint any Executive Secretary as a member.Temporary Chairperson or member

on his or her death;

if he or she becomes disqualified from membership of the Board;

if he or she is adjudicated a bankrupt;

if he or she resigns from office; or

if his or her appointment is revoked.Filling of vacancies

is an undischarged bankrupt or has made any arrangement with the person’s creditors;

has been sentenced to imprisonment for a term exceeding 6 months and has not received a free pardon; or

is incapacitated by physical or mental illness.Disclosure of interest by members8.—

A member who is in any way, directly or indirectly, interested in a transaction or project of the Board must disclose the nature of his or her interest at the first meeting of the Board at which he or she is present after the relevant facts have come to his or her knowledge.(2) A disclosure under sub-paragraph (1) must be recorded in the minutes of the meeting of the Board and, after the disclosure, that member —

must not take part in any deliberation or decision of the Board with respect to that transaction or project; and

must be disregarded for the purpose of constituting a quorum of the Board for that deliberation or decision.(3) No act or proceedings of the Board may be questioned on the ground that a member has contravened this paragraph.(4) For the purposes of this paragraph, a member whose spouse, parent, son, adopted son, daughter or adopted daughter has an interest in the transaction or project mentioned in sub-paragraph (1) is deemed to be interested in that transaction or project.Salaries and fees payable to members of Board

At every meeting of the Board, 3 members constitute a quorum and no business may be transacted unless a quorum is present.(2) The Chairperson presides at meetings of the Board, and if the Chairperson is absent from any meeting or part of any meeting, such member as the members present may elect presides at that meeting or part of that meeting.(3) A decision at a meeting of the Board is adopted by a simple majority of the members present and voting except that, in the case of an equality of votes, the Chairperson of the meeting has a casting vote in addition to his or her original vote.Transaction of business by Board outside meetings11.—

Subject to the approval of a simple majority of all the members of the Board, the Board may transact any of its business by the circulation of papers among members of the Board.(2) A member who is in any way, directly or indirectly, interested in the business being transacted by circulation of papers must disclose the nature of the member’s interest in writing to the Chairperson at the first opportunity after the relevant facts have come to the member’s knowledge.(3) The disclosure under sub‑paragraph (2) must be recorded and treated as having been made in accordance with paragraph 8, and that member must not take part in the decision with respect to that transaction.(4) A written decision made by a simple majority of the members for the time being entitled to take part in the decision is taken to be a decision of the Board, and is as valid and effectual as if it had been made at a meeting of the Board duly convened and held.(5) Separate copies of a written decision may be distributed for signing by the members if the wording of the decision and approval is identical in each copy.(6) For the purpose of a decision under this paragraph, the Chairperson and each member has the same voting rights as they have at any meeting of the Board.(7) The decision of the Board is made when the last member of the Board required for the majority signs and the member’s decision is duly delivered to an officer appointed by an Executive Secretary.(8) The Chairperson may stipulate a period of time within which a decision may be made under this paragraph.(9) The Board may, if it thinks fit, deliberate on matters by the circulation of papers among all of the members of the Board.(10) For the purposes of this paragraph, papers (including disclosures and decisions) may be circulated among members or delivered to an officer appointed by an Executive Secretary by hand or fax or electronic transmission of the information in the papers concerned.Vacancies

The Chairperson or any other officer authorised by the Chairperson must, subject to any standing orders that may be made by the Board under sub‑paragraph (2), summon all meetings of the Board for the despatch of business.(2) Subject to the provisions of this Act, the Board may make standing orders to regulate its own procedure generally and, in particular, regarding the holding of meetings, the notice to be given of the meetings, the proceedings at the meetings, the keeping of minutes, the custody, production and inspection of the minutes, and the opening, keeping, closing and auditing of accounts.