In forceAs enactedCurrent version · As enactedSee versions on Attorney General's Chambers(opens the publisher’s site)
Brunei Darussalam Central Bank Order, 2010 (Formerly Known as Autoriti Monetari Brunei Darussalam Order) · As enacted · Part III
Brunei Darussalam Central Bank Order, 2010 (Formerly Known as Autoriti Monetari Brunei Darussalam Order) · As enacted · Part III
Official textFrom Attorney General's Chambers, unchanged
There shall be a board of directors of the Authority which shall be responsible for the formulation of the policies of the Authority, the supervision of their implementation and the general administration of the affairs and business of the Authority.
board
"board" means the board of directors of the Authority established by section 11(1);
The board shall consist of-
{a)
a chairman;
{b)
a deputy chairman; and
{c)
not less than 4 and not more than 7 other directors.
The directors shall be appointed from amongst persons with extensive professional experience in the fields of economics, law, finance or banking.
Without prejudice to the powers conferred on His Majesty the Sultan and Yang Di-Pertuan by the Constitution of Brunei Darussalam and except as otherwise specified in this Order -
{a)
the autonomy of the Authority shall be respected at all times;
{b)
the directors of the board shall not take instructions from any other person or entity including Government entities; and
{c)
no person or entity shall seek to influence the directors of the board in the exercise of their powers or to interfere in the activities of the
Authority.
Appointment of directors.
board
"board" means the board of directors of the Authority established by section 11(1);
Part VI
Part VIII