Meetings of Board

(1) The Board shall meet at such times and places, and shall, subject to the provisions of sub-sections (2) and (3), observe such rules of procedure in regard to the transaction of business at its meetings (including the quorum thereof) as may be provided by by-laws: Provided that the Board shall meet at least once in every two months: Provided further that when the Chairman decides that an emergency meeting of the Board shall be called in the interest of the Board, he shall fix the time and place for the same. (2) The Chairman, or in his absence the Vice-Chairman or, in the absence of both, any member chosen by the members present from among themselves, shall preside at a meeting of the Board. (3) All questions at a meeting of the Board shall be decided by a majority of the votes of the members present and voting and in the case of an equality of the votes, the Chairman, or in his absence, the Vice-Chairman, or in the absence of both, the person presiding, shall have a second or casting vote. (4) The minutes of the meetings of the Board shall be drawn up and recorded in a book to be kept for that purpose, and shall be laid before the next meeting of the Board and signed at such meeting by the presiding officer thereof. (5) The Board shall forward to the Administrator and the Commission copies of the minutes of the proceedings of any meeting of the Board within fifteen days from the date on which the minutes of the proceedings of such meeting were signed under sub-section (4).