PROCEEDINGS OF TRUSTEES. Except as otherwise provided in this Trust Deed the proceedings and other affairs of the Trustees shall be conducted in accordance with the rules set out in the First Schedule.
PROCEEDINGS OF TRUSTEES. 5.1. Any Trustee is at all times entitled to convene a meeting of the Trustees by giving 14 (fourteen) days’ written notice to the other Trustee, or such shorter notice as may be agreed by both of them in writing.
PROCEEDINGS OF TRUSTEES. In respect of all meetings of the Trustees:
PROCEEDINGS OF TRUSTEES. AGM The Trustees shall convene at least 1 (one) meeting of the Trustees within 6 (six) months of the end of each financial year of the Trust (AGM). The Founders, the Agent, the Claimants’ Agent and the general public shall have the right to attend the AGM. The Founders, the Agent, the Claimants’ Agent shall be given at least 14 (fourteen) days’ written notice of such AGM, or such shorter notice as may be agreed to by the Agent and the Claimants’ Agent. At the AGM the Trustees shall present an overview of the Trust’s operations and the financial reports of the Trust for each financial year of the Trust.
PROCEEDINGS OF TRUSTEES. 16.1 Any deadlock which may arise between the trustees shall be submitted to the Chairperson, who shall have a casting vote.
PROCEEDINGS OF TRUSTEES. Subject to the provisions of the Constitution, the Trustees may regulate their proceedings as they think fit. Any two (2) Trustees may call a meeting of the Trustees. Questions arising at a meeting shall be decided by a majority of votes, save that no Board resolution shall be passed without the support of at least one (1) Founder Member Trustee. In the case of an equality of votes, the Chairman shall have a second or casting vote. The quorum for the transaction of the business of the Trustees shall be two (of whom one at least shall be a Founder Member 20 Trustee). The continuing Trustees or a sole continuing Trustee may act notwithstanding any vacancies in their number, but if the number of Trustees is less than the number fixed as the quorum, the continuing Trustees or Trustee may act only for the purpose of calling a General Meeting. The Trustees shall appoint one (1) of the Founder Member Trustees to be the Chairman of the Board and may at any time remove him subject to a Founder Member Trustee always being appointed as Chairmanof the Board. Unless he is unwilling to do so, the Trustee so appointed shall preside at every meeting of Trustees at which he is present. 18.2 18.3 20
PROCEEDINGS OF TRUSTEES. Unless and until a body corporate is appointed as a sole Trustee of the Plan:
PROCEEDINGS OF TRUSTEES. 6.1 . The decision of a majority of trustees shall be deemed to be the decision of them all. Any deadlock which may arise between the trustees shall be submitted to a referee who shall be a senior advocate practising at the Johannesburg Bar and who shall, failing agreement between the trustees as to the appointment within 10 (ten) days after the deadlock has arisen, be nominated by the chairman or acting chairman of the Johannesburg Ear Council. Any trustee shall be entitled to appear personally or by a single agent, duly appointed, but without any legal or other professional 00000XX.XX BW/SJS/3d/ 1 e/250595 X0000XXX.XXX Pace S assistance before the referee, and the proceedings shall be conducted as informally as possible. The provisions of the Arbitration Act, 1965 or any statute which replaces it shall not apply. The decision of the referee snail be final and binding on the trustees and no trustee or beneficiary snail make such decision the subject of any legal proceedings.
PROCEEDINGS OF TRUSTEES. 14.1 The Trustees may meet together for the despatch of business, adjourn and otherwise regulate their meetings as they think fit, subject to any provisions of this Constitution.
PROCEEDINGS OF TRUSTEES. 6.1 Subject to clause 7 and to provisions of this deed requiring more than a simple majority for decisions of the Trustees, the decision of a majority of Trustees shall be deemed to be the decision of all. Each Trustee shall have one vote. If votes are equally divided, the Protector shall act as referee and his decision shall be final.
