Brunei Darussalam Central Bank Order, 2010 (Formerly Known as Autoriti Monetari Brunei Darussalam Order) · s 50

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s 50Prohibition on lending to Government

The Authority shall not grant credit to the Government or State-owned entity provided but-

5025

{a} it may purchase Government securities provided that such purchases are made on the secondary market, on market terms and

BRUNEI DARUSSALAM GOVERNMENT GAZETTE conditions, and are not used to circumvent the prohibition established in this section; and

(b)

the prov1s1ons of this section shall not apply to publicly-owned banks and other supervised publicly-owned financial entities, which shall be given the same treatment as privately-owned banks and other supervised privately-owned financial entities.