7.—(1) The Board shall hold its first meeting on, or as soon as conveniently may be after, the establishment date.
(2) The Board shall, in every year commencing after the holding of the first meeting, hold a meeting (in this Act referred to as the annual meeting) on such date as the Board may appoint.
(3) Subject to the provisions of this section, the Board shall hold such and so many meetings as may be necessary for the due execution of its duties.
