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
There shall be recoverable as a civil debt due to the Authority from the bank concerned —
Authority
“Authority” means the Brunei Darussalam Central Bank established by the Brunei Darussalam Central Bank Order, 2010;
the amount of any fees payable under section 13;
any remuneration and expenses payable by the bank to any person appointed under section 59(2)(b); and
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;
Banking 100
any remuneration and expenses payable by the bank to the
Authority or to any person employed or authorised by the Authority under section 3 (repealed) to assist it in the control of and the carrying on of the business of the bank or to any other person who has assumed control of the business of the bank pursuant to a direction or order of the Authority under section 59(2)(c) or 60(b).
Relationship of Act with Chapter 39 [S 1/2016]
Authority
“Authority” means the Brunei Darussalam Central Bank established by the Brunei Darussalam Central Bank Order, 2010;
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;