7. Meetings of the Board

The Chairman of the Board shall preside at every meeting of the Board. In the absence of the Chairman from any meeting of the Board, any member elected from among the members present shall preside at such meeting.

The quorum for any meeting of the board shall be seven members including the members referred to in paragraphs (a), (b), (c) and (e) of subsection (2) of section 3.

Subject to the provisions of subsections (1) and (2) of this section, the Board may regulate the procedure in regard to the meetings of the Board, and the transaction of business at such meetings.