(b) a disqualified person acted as a member of the Board at the time the decision was taken or act was done or authorised: Provided that the Board shall ratify any such decision or action as soon as possible after it becomes aware that the decision or action was taken in the circumstances described in subparagraph (a) or (b). Minutes of proceedings of Board 11.(1) The Board shall cause minutes of all proceedings of and decisions taken at every meeting of the Board to be entered in books kept for the purpose. (2) Any minutes referred to in subparagraph (1) which purport to be signed by the chairman of the meeting to which the minutes relate or by the chairman of the next following meeting of the Board or the committee concerned, as the case may be, shall be accepted for all purposes as prima facie evidence of the proceedings of and decisions taken at the meeting concerned. (3) The Board shall cause copies of all minutes that have been signed as provided in subparagraph (2) to be sent without delay to the Minister for his information. FIFTH SCHEDULE (Section 41) FINANCIAL AND MISCELLANEOUS PROVISIONS RELATING TO COMMISSION PART I FINANCIAL PROVISIONS Funds of Commission 1. The funds of the Commission shall consist of— (a) fees, charges and other income accruing to the Commission from licences issued and other things done by it in terms of this Act; and (b) the proceeds of any monetary penalties imposed by the Commission; and (c) such moneys as may be payable to the Commission from moneys appropriated for the purpose by Act of Parliament; and (d) such other moneys as may vest in or accrue to the Commission, whether in the course of its operations or otherwise. Financial year of Commission 2. The financial year of the Commission shall be the period of twelve months ending on the 31st December in each year. Surplus funds of Commission to be appropriated to Fund 3. Any surplus of income over expenditure at the end of the Commission’s financial year shall be appropriated to the Fund. 47