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Banking Act 1987

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This is the original version (as it was originally enacted).

Proceedings

3(1)The Board shall determine its own procedure, including the quorum necessary for its meetings.

(2)The validity of any proceedings of the Board shall not be affected by any vacancy among the ex officio members of the Board or by any defect in the appointment of any ordinary or alternate member.

4(1)The fixing of the common seal of the Board shall be authenticated by the signature of the chairman of the Board or some other person authorised by the Board to act for that purpose.

(2)A document purporting to be duly executed under the seal of the Board shall be received in evidence and deemed to be so executed unless the contrary is proved.

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