Balanced Voting definition
Balanced Voting means each segment has maximum of two (2) countable votes, regardless of the number of members present from a segment. If there are two or more members from a segment in attendance, countable votes are determined by dividing the total number of votes cast by members of a segment by the total number of that segment's voters present and voting, and multiplying the result by two. Where there are two or fewer segment members present, each vote counts as one countable vote. A simple majority is required to decide issues and abstentions are not counted. The chair shall be selected from among the members of the group, or appointed by the EC, as the EC may determine.
Balanced Voting means that, in the context of EC Subcommittees and task forces, with respect to Standards/Model Business Practices development, voting is governed by rules and procedures that provide for balance of interests among industry Segments and Quadrants participating in NAESB so as to avoid having any one interest exert undue influence over any decision.