Northern Territory Consolidated Acts Northern Territory Consolidated Acts(1) At a meeting of the Funds Management Committee, 3 members constitute a quorum.
(2) The chairperson presides at all meetings at which the chairperson is present.
(3) In the absence of the chairperson from a meeting, the members present at the meeting must elect a member to preside at the meeting.
(4) The Committee must hold meetings at the times and places the chairperson directs or the Committee decides.
(5) However, the Committee must meet at least once every 3 months.
(6) The Committee must keep records of its meetings.