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Brunei Darussalam Central Bank Order, 2010 (Formerly Known as Autoriti Monetari Brunei Darussalam Order) · s 39

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s 39!1)

In order to achieve the objects of the Authority and to carry out its functions, the Authority may -

{a}

operate in the financial markets by buying and selling outright (spot or forward) or under a re-purchase agreement, and by lending or borrowing claims and marketable instruments, as well as precious metals; and

{b)

conduct credit operations with banks operating in Brunei

Darussalam, with lending based on adequate collateraL

(2)

The Authority shall -

{a) determine the types of instruments and activities to be used for open market and credit operations; and

{b)

announce the conditions under which the Authority is ready to enter into such transactions.

Minimum reserves.