Regulation 3 Meetings of the Authority

(1) There shall be no less than three meetings of the Authority in a financial year on such dates and at such places as the Chairperson may direct and the interval between any two meetings shall not in any case, be longer than five months:

Provided that the first meeting of the Authority in a financial year shall be held in the first quarter of that financial year.

(2) The notice of every meeting of the Authority shall be signed by the Chief Executive Officer intimating the time, date and place of the intended meeting.

(3) The notice shall be given to every member, at least 15 days before the date of the meeting by post to the address of every member or through e-mail or courier or Fax to facilitate speedy communication, stating therein the brief agenda of the meeting, setting out the items of business to be considered.

(4) The Chairperson, may, in case of urgency, at any time, call a meeting of the Authority at a lesser notice than fifteen days.

(5) A meeting of the Authority may be called on the requisition in writing, addressed to the Chairperson, and signed by the Chief Executive Office or signed by not less than half of the members, setting out therein the purpose of the meeting to be called and the business to be considered thereat.

(6) On receipt of the requisition of meeting, the Chairperson may direct to cause the meeting to be convened and held within such time as he may direct, but in any case not later than a period of 15 days from the date of receipt of such requisition.

(7) If all the items of business to be transacted at a meeting of the Authority cannot be completed in one sitting, the meeting may be adjourned from time to time:

Provided that at the meeting convened post adjournment only the unfinished items in the Agenda shall be discussed and decision taken thereon.