(1) The meeting of the Board of Directors shall be held at least three times a year.
(2) The meeting of the board of directors will be called by the member-secretary of the board of directors with the permission of the chairman of the board.
(3) If more than fifty percent of the members of the board of directors are present, the quorum for the meeting of the board of directors will be considered to be reached.
(4) The meeting of the board of directors will be presided over by the chairman of that committee and in his absence, the members present in the meeting will be presided over by a member chosen from among themselves.
(5) In the meeting of the Board of Directors, the opinion of the majority shall be valid and in case of equality of votes, the person presiding over the meeting may cast the deciding vote.
(6) The decision of the board of directors will be verified by the member-secretary of that committee.
(7) Other procedures related to the meeting of the board of directors shall be as determined by the board itself.
(8) The members of the board of directors may receive the meeting allowance as prescribed by the ministry for participating in the meeting of the board of directors.