13. (1) The Board shall hold as many meetings as may be necessary for the performance of its functions but in each year shall hold not less than one meeting in each period of 3 months.

(2) At a meeting of the Board—

(a) the chairperson of the Board shall, if present, be the chairperson of the meeting, or

(b) if and so long as the chairperson of the Board is not present, or if that office is vacant, the members of the Board who are present shall choose one of their number to be chairperson of the meeting.

(3) Every question at a meeting shall be determined by a majority of the votes of the members of the Board present and voting on the question and, in the case of an equal division of votes, the chairperson of the meeting shall have a second or casting vote.

(4) Subject to subsection (6), the Board may act notwithstanding one or more vacancies among its members.

(5) Subject to this Act, the Board shall regulate its procedure by rules or otherwise.

(6) The quorum for a meeting of the Board shall be F5[5].

(7) The chief executive officer shall fix the date of the first meeting of the Board first constituted pursuant to section 10, and shall specify the time and place at which it shall take place.