7.
| (1) The Chairman or in his absence the Prime Minister or in the absence of both, the Leader of the Opposition or in the absence of all three, a member chosen by the members present at any meeting of the Board shall preside at such meeting. |
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| (2) The Board shall meet whenever it considers necessary. |
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| (3) The quorum for a meeting of the Board shall be five members. |
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| (4) Subject to the provisions of this Act the Board may make rules for the procedure in the conduct of its affairs. |
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| (5) No act or proceeding of the Board shall be deemed to be invalid by reason only of the existence of any vacancy among its members or any defect in the appointment of any member thereof. |
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| (6) The members of the Board shall be paid such allowances and other remuneration as the President shall determine in consultation with such persons as he may consider necessary. |
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Sri Lanka Consolidated Acts