(1) On receipt of an application, the Member-Secretary may convene meetings as often or as necessary.
(2) The Member-Secretary may also convene meetings whenever the Chairperson deems it necessary or whenever a request is made in this behalf.
(3) The Member-Secretary shall issue notice to the members of the Authority for a minimum of seven days, in case of regular meetings and minimum of three days in case of special meetings.
(4) The notice along the agenda specifying the time, date and place of the meeting shall be issued under the signature of the Member-Secretary.
(5) The notice, in writing, shall be sent to the members of the Authority either by hand delivery or by post or by electronic means such as e-mail.
(6) The meeting shall be held within twenty-one days, after completing the process of public consultation for establishing a regulatory sandbox.
(7) The quorum for the meeting shall be as prescribed under sub-section (5) of section 5.
13
(8) The Member-Secretary shall prepare proceedings and circulate to all members.
(9) In case of a regular meeting, if within half an hour from the time appointed for holding said meeting, the quorum is not present, the presiding officer shall adjourn the meeting to a later hour on the same date, or to a different date.
(10) In case of a special meeting, if within half an hour from the time appointed for holding such meeting, the quorum is not present, the meeting shall stand dissolved.
(11) The Member-Secretary may, if deemed necessary and with the approval of the Chairperson, invite such individuals or experts, as they deem fit, to appear before the Authority, to obtain their views on any item on the agenda for a meeting.