National Asset Management Agency Act 2009
Resolutions by circulation of copies.
28.— (1) The Board may pass a resolution without a meeting being held if—
( a) all of the members entitled to vote on the resolution are given notice of the resolution, and
( b) a majority of them sign a document containing a statement that they are in favour of the resolution in the document.
(2) A resolution referred to in subsection (1) may be passed by the members or some of them signing separate copies of the document referred to in paragraph (1) (b) if the date and time of each signature is indicated on the document.
(3) A resolution passed in accordance with this section is taken to have been passed at the time when a majority of members entitled to vote on the resolution have signed, or have signed copies of, the document referred to in paragraph (1) (b) .