SCHEDULE 2INCIDENTAL PROVISIONS RELATING TO BOARD
Appointment of Chairman and Vice-Chairman of Board
1.
There shall be a Chairman and Vice-Chairman of the Board who shall be elected annually by the Board members from among their number at their first meeting following the annual general meeting of the Trust, except that executive members shall not be eligible to be so elected.
2.
At all meetings the Chairman, and in the absence of the Chairman, the Vice-Chairman, shall preside.
3.
In the event of neither the Chairman nor Vice-Chairman being present, or both posts being vacant, a Board member shall be chosen by the meeting to preside at that meeting.
4.
If the Board is satisfied that the Chairman or Vice-Chairman should cease to hold office as such, it may terminate that office as such at a meeting of the Board and appoint another member to be Chairman or Vice-Chairman during the remainder of the term for which the former Chairman or Vice-Chairman was appointed.
5.
(1)
On a casual vacancy occurring in the office of Chairman or Vice-Chairman of the Board, the vacancy shall be filled by the Board at a meeting held as soon as practicable after the vacancy occurs.
(2)
A Board member appointed under this paragraph to fill a casual vacancy in the office of Chairman or Vice-Chairman shall, unless such member resigns that office or ceases to be a Board member, hold that office during the remainder of the term for which the Chairman or Vice-Chairman whom such a member replaces was appointed.