In force2024 Revised EditionCurrent version · 2024 Revised EditionSee versions on Attorney General's Chambers(opens the publisher’s site)
Banking Act · 2024 Revised Edition · Part · General
Banking Act · 2024 Revised Edition · Part · General
Official textFrom Attorney General's Chambers, unchanged
Any bank which contravenes any of the provisions of this Act for which no penalty is expressly provided is guilty of an offence and liable on conviction to a fine not exceeding $10,000,000 and, in the case of a continuing offence, to a further fine not exceeding $100,000 for every day during which the offence continues after conviction.
bank
“bank” means a company which carries on banking business and holds a licence granted under section 4 or 23, and includes all branches and offices in Brunei Darussalam of any such company for the purposes of this Act;
bank
“bank” means a company which carries on banking business and holds a licence granted under section 4 or 23, and includes all branches and offices in Brunei Darussalam of any such company for the purposes of this Act;