Banking Act · s 70

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?Wrong or mistyped wordsWrong structure or numberingWrong title or detailsText that appears twice

What should change, and whyUp to 2,000 characters.The text as it should read (optional)Edit the text above. Up to 20,000 characters.Where you checked it (optional)A link to the official version, if you have one.

The text as we hold it

Open the official text

s 70Copies and inspection of returns

(1)

A bank that lodges a return shall retain a copy of the return at its registered office or principal place of business in Brunei Darussalam.

(2)

The copy shall be retained for at least 6 years after the date on which it was lodged.

(3)

The copy may be held in any form, but it shall be readily able to be reproduced in the form of a document.

(4)

A bank shall make the retained copies of returns reasonably available for inspection by any person.

Banking 80

(5)

The bank may charge such inspection fee as may be prescribed.