8.10 Quorum at meetings of directors (a) No business may be...

8.10 Quorum at meetings of directors
(a) No business may be transacted at a meeting of directors unless a quorum of directors is
present at the time the business is dealt with.
(b) Unless the directors decide differently, 2 directors constitute a quorum.
(c) If there is a vacancy in the office of a director, the remaining directors may act. But, if
their number is not sufficient to constitute a quorum, they may act only in an emergency
or to increase the number of directors to a number sufficient to constitute a quorum or to
call a general meeting of the company.

http://www.meoaustralia.com.au/content/Document/MEO Constitution 07 10 09.pdf