Skip to content
Back to the text

Banking Act · s 104

Suggest a correction

Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.

What is wrong?

The text as we hold it

Open the official text

s 104Execution of instruments under seal

Notwithstanding anything contained in the Articles of Association or regulations of any bank incorporated in Brunei Darussalam with respect to the execution of instruments under its seal, but without prejudice to anything in those Articles or regulations which is not inconsistent herewith, the seal of the bank shall not be affixed to any instrument except in the presence of a director of the bank and of one other person who is either a director or an officer of the bank duly authorised in that behalf, and the director and that other person shall sign every instrument to which the seal of the bank is so affixed in their presence.