Brunei Darussalam Central Bank Order, 2010 (Formerly Known as Autoriti Monetari Brunei Darussalam Order) · s 14

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s 14Deputy managing directors

(1)

The Authority shall, on the recommendation of the managing director, appoint deputy managing directors of the Authority and designate one of the deputy managing directors to be the deputy chief executive of the Authority for a term of 2 years.

(2)

The deputy managing directors shall be employees of the Authority on such conditions of service as His Majesty the Sultan and Yang Di-Pertuan may decide.

(3)

Subject to this Order, a deputy managing director shall perform such duties as may be determined by the managing director.

(4)

In the case of absence or incapacity of the managing director, the deputy chief executive shall have all the powers of the managing director under sections 13(2) and (6) unless decided otherwise by the Authority in relation to a delegation under section 13(4).