Skip to content
Back to the text

Brunei Darussalam Central Bank Order, 2010 (Formerly Known as Autoriti Monetari Brunei Darussalam Order) · s 4

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?

The text as we hold it

Open the official text

s 4Objects of Authority

( 1)

The principal objects of the Authority shall be

(a)

to achieve and maintain domestic price stability;

(b)

to ensure the stability of the financial system, in particular by formulating financial regulation and prudential standards;

(c)

to assist in the establishment and functioning of efficient payment systems and to oversee them; and

(d)

to foster and develop a sound and progressive financial services sector.

(21

Without prejudice to the above-mentioned principal objects, the

Authority shall support the general economic policies of the Government to the extent that it considers to be appropriate.

Office etc. of Authority.