Brunei Darussalam Central Bank Order, 2010 (Formerly Known as Autoriti Monetari Brunei Darussalam Order) · s 10

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10.
Coverage of shortfall in capital
Where in the audited annual financial statements of the Authority, the value of its assets falls below the sum of its monetary liabilities and its unimpaired issued capital, then -
(a} the Authority, with the advice of the external auditor of the
Authority, shall assess the situation and prepare a report on the causes and extent of the shortfall and assess the situation within a period of no more than 30 days;
(b)
if the Authority approves such report, the Authority shall request the Government for a capital contribution to be made by the Government to restore the net capital position to the original amount of the issued capital;
and 5008

{c)
upon receipt of the request referred in paragraph {b), the
Government shall, within a period of not more than 30 days, transfer to the
Authority the necessary amount in currency or in negotiable securities with a specified maturity issued at market rates prevailing in Brunei Darussalam as its capital contribution.

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s 10Coverage of shortfall in capital

Where in the audited annual financial statements of the Authority, the value of its assets falls below the sum of its monetary liabilities and its unimpaired issued capital, then -

(a} the Authority, with the advice of the external auditor of the

Authority, shall assess the situation and prepare a report on the causes and extent of the shortfall and assess the situation within a period of no more than 30 days;

(b)

if the Authority approves such report, the Authority shall request the Government for a capital contribution to be made by the Government to restore the net capital position to the original amount of the issued capital;

and 5008

{c)

upon receipt of the request referred in paragraph {b), the

Government shall, within a period of not more than 30 days, transfer to the

Authority the necessary amount in currency or in negotiable securities with a specified maturity issued at market rates prevailing in Brunei Darussalam as its capital contribution.