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Brunei Darussalam Central Bank Order, 2010 (Formerly Known as Autoriti Monetari Brunei Darussalam Order) · s 2

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s 2Interpretation

In this Order, unless the context otherwise requires

"Authority" "means the Autoriti Monetari Brunei Darussalam established by section 3( 1);

"bank" means-

{a}

in relation to Brunei Darussalam, a bank licensed under sections 4

or 23 of the Banking Order, 2006 (S 45/06), an international bank licensed under section 7 of the International Banking Order, 2000 {S 53/00) and an

Islamic bank licensed under sections 4 or 23 of the Islamic Banking Order,

2008 (S 96/08);

{b)

in relation to any country, territory or place outside Brunei

Darussalam, a person lawfully carrying on therein business corresponding in whole, in part or in substance to "banking business" as defined in section 2(1)

of the Banking Order, 2006 (S 45/06) or in section 2(1) of the International

Banking Order, 2000 {S 53/00); and includes Islamic banking business as defined in section 2(1) of the Islamic Banking Order, 2008 (S 96/08);

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"board" means the board of directors of the Authority established by section 11(1);

"director" means a director of the board appointed under section 12(1);

"financial institution" means

(a)

any insurer registered under the Insurance Order, 2006

(S 48/06) or the Takaful Order, 2008 (S 100/08) or any person licensed under the International Insurance and Takaful Order, 2002 (S 43/02);

{b} any finance company licensed under the Finance Companies

Act (Chapter 89);

(c)

any person licensed under the Registered Agents and Trustees

Licensing Order, 2000 (S 54/00), the Mutual Funds Order, 2001 (S 18/01), the Securities Order, 2001 (S 31/01) or the International Insurance and

Takaful Order, 2002 (S 43/02);

{d}

any person licensed to carry on any money-changing business or remittance business under the Money-Changing and Remittance

Businesses Act (Chapter 174);

(e)

such other person licensed, approved or regulated by the

Authority under any written law;

"managing director" means the director appointed to be the managing director under section 13( 1);

"Minister" means the Minister of Finance;

"Reserve Fund" means the reserve fund to be established under section 7 {a}.