(1) Where at a meeting of the directors of the company or any subsidiary any of the following matters arises, namely -

(a) an arrangement to which the company or a subsidiary is a party or a proposed such arrangement,

(b) a contract or other agreement with the company or a subsidiary or a proposed such contract or other agreement,

(c) the giving, grant or renewal by the company or a subsidiary of a certificate, licence, authorisation or instrument of approval, or

(d) the revocation, cancellation, withdrawal, suspension or endorsement by the company or a subsidiary of a certificate, licence, authorisation or instrument of approval, given or granted -

(i) by the company or a subsidiary, or

(ii) by the Minister under a provision of, or made under, the Acts,