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7.—(1) No act or proceedings of the Board, or of any committee of their number, shall be invalid or illegal in consequence only of there being any vacancy in the number of Members at the time of such act or proceeding.
(2) All acts and proceedings of the Board, or of any committee of their number, or of any person acting as a Member, even if it is later found that there was some defect in the appointment of such Member or persons acting as Members, or that they or any of them had become disqualified, shall be as valid as if every such person had been duly appointed and was qualified to be a Member.
(3) The Board may require all Members to furnish particulars of all sources of income, business interests, securities held, interest in any land in the vicinity of the Harbour or any other matter which may reasonably be conceived as having the potential to lead to a conflict of interest with the duties of a Member. Knowledge of any such information provided shall be confined to the Chair, or in his/her absence the Deputy Chair, and to the Chief Executive subject to the proviso that, where in the opinion of the Chair or Deputy Chair after consultation with the Chief Executive there exists an actual or potential conflict of interest, they shall, after consultation with the Member or Members concerned, be entitled to divulge to the Board such information in relation to said Member or Members as they may consider relevant to said conflict of interest.
(4) The Board may pay to each Member such reasonable remuneration, allowances and expenses as the Board may from time to time determine.
(5) Subject to the provisions of this Order the Board shall have power to regulate its own procedure.
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