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Version status: Repealed | Document consolidation status: Updated to reflect all known changes
Version date: 12 July 1989 - onwards
  Version 2 of 2    

Fourth Schedule, Rules Applicable to Every Case (paras. 1-4)

Repealed from 12 July 1989

1. In this Schedule the word "representative" means a representative of a Shareholding Bank present at a meeting for the election of the first elected Commissioners or any subsequent elected Commissioner, and the word "Commissioner" when used without qualification means an ordinary Commissioner attending the meeting of such Commissioners for the election of the first Chairman, and the word "meeting" means (as the context may require) a meeting of representatives to elect the first elected Commissioners or any subsequent elected Commissioner or the meeting of Commissioners to elect the first Chairman.

2. The representatives or Commissioners (as the case may be) shall elect one of their number to be the chairman of the meeting and such chairman shall conduct the proceedings at the meeting but shall not have any second or casting vote.

3. Save as is otherwise provided by these Rules, all questions arising at the meeting shall be decided by the vote of the majority of the representati

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