What is the intent of increasing the quorum from one third to at least half of the board? Will there be a change in the GI mandatory clauses as well?

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Accepted Answer

This is to ensure that any decision made at the board meeting has been considered by at least half of the board. One third is not sufficient.

We will have this as a best practice first. This is to give charities more time to adapt to this change before deciding whether it should be mandated for all charities.

What is the intent of increasing the quorum from one third to at least half of the board? Will there be a change in the GI mandatory clauses as well?

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