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SCHEDULES

[F1SCHEDULE 1E+W+S Provisions as to the Corporation

Meetings and proceedingsE+W+S

5E+W+SThe Corporation may act notwithstanding a vacancy among their members.

6(1)The quorum of the Corporation shall be such number as the Corporation may from time to time determine, being—E+W+S

(a)not less than five if the number of the members of the Corporation exceeds ten; and

(b)[F2not less than three][F2not less than two] if the number of the members does not exceed ten.

(2)Where any member is disqualified from taking part in any deliberation or decision of the Corporation with respect to any matter he shall be disregarded for the purpose of constituting a quorum of the Corporation for deliberating on or deciding that matter.

(3)Subject to the preceding provisions of this paragraph, the Corporation may regulate their own procedure.]

Textual Amendments

F2Words “not less than two” substituted (temp) for “not less than three” by virtue of British Steel Act 1988 (c. 35, SIF 70), ss. 10(1), 16(4), Sch. 3 para. 1.