Brunei Darussalam Central Bank Order, 2010 (Formerly Known as Autoriti Monetari Brunei Darussalam Order) · s 15
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No person shall be appointed as or remain as a director of the Authority who is a director or salaried official of any bank or financial institution.
His Majesty the Sultan and Yang Di-Pertuan may, after having received a report mentioned under subsection (4), terminate the appointment of any director if he -
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(a} becomes of unsound mind or incapable of carrying out his duties;
(b} has been adjudged bankrupt or suspends payment to or compounds with his creditors;
(c} is convicted of an offence involving dishonesty, fraud or moral turpitude;
(d} is guilty of serious misconduct in relation to his duties;
is absent, without leave, from 3 consecutive meetings of the board;
or
fails to comply with his obligations under section 18(1).
In cases under subsection (2), the Authority shall appoint a committee under section 20 to make an appropriate inquiry, including the opportunity for the director in question to contest the findings.
The committee referred to in subsection (3) shall submit a report to the
Authority which shall thereupon submit it to His Majesty the Sultan and Yang
Di-Pertuan with its conclusions.