# Banking Act 1987 (repealed), Paragraph 3

Extent: E+W+S+N.I.

(1) The Board shall determine its own procedure, including the quorum necessary for its meetings.
(2) The validity of any proceedings of the Board shall not be affected by any vacancy among the ex officio members of the Board or by any defect in the appointment of any ordinary or alternate member.

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Source: https://www.legislation.gov.uk/ukpga/1987/22/schedule/4/paragraph/3 (the official version)
Page: https://openlegislation.uk/banking-act-1987-repealed/schedule-4/paragraph-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.