Part ISocial Rented Sector regulated by the Welsh Ministers

F1Chapter 1ABOARD MEMBERSHIP AND VOTING RIGHTS

Quorum and voting rights of board members

7EBoard quorum: no requirement for local authority appointee

(1)

To the extent that any provision of the constitution or rules of a registered social landlord is within subsection (2), it is to be treated as having no effect.

(2)

Provision is within this subsection if, but for this section, it would require the presence of one or more local authority appointees in order for a meeting of the board of the registered social landlord to be quorate.

7FBoard resolutions: 75 per cent threshold

(1)

To the extent that any provision in the constitution or rules of a registered social landlord is within subsection (2), subsection (3) applies in respect of that provision.

(2)

Provision is within this section if, but for this section, it would permit a resolution of the board of the registered social landlord to be passed only if more than 75 per cent of the votes cast by the board are in favour of the resolution.

(3)

The provision is to be treated as requiring only 75 per cent of the votes cast by the board to be in favour of the resolution.