English
1/ Directors may participate in a board meeting by
video conference or other means of
telecommunications unless the memorandum of
association prohibits that; The technology shall
enable establishing the identity of the participants
and ensure their effective participation; The means
of communication shall meet technical requirements
allowing continuous and simultaneous transmissions
of the proceedings.
2/ Directors who participate by electronic means under
Sub-Article
(1) of this Article may vote orally.
3/ Subject to a contrary provision in the memorandum
of association, the board may not pass a valid
decision at a meeting held pursuant to Sub-Article
(1) of this Article unless at least one third of its
entire membership is physically present at the
meeting.
4/ The memorandum of association may restrict the
nature of decisions that may be taken at a meeting
held under conditions stipulated in Sub-Article
(1) of this Article
