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
His Majesty the Sultan and Yang Di-Pertuan shall appoint the directors of the board.
board
"board" means the board of directors of the Authority established by section 11(1);
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The directors shall -
{a)
not act as delegates on the board from any commercial, financial, agricultural, industrial or other interest with which they are connected;
{b)
hold office for a term of 3 years and shall be eligible for re-appointment; and
{c)
be paid by the Authority out of the funds of the Authority such benefits and allowances as may be determined by His Majesty the Sultan and
Yang Di-Pertuan.
On the commencement of this Order, the initial terms of office of the directors mentioned in section 11(2){c), shall be -
{a)
for the director who is appointed as managing director under section 13(1), 3 years;
director
"director" means a director of the board appointed under section 12(1);
{b)
for all other directors, different terms not exceeding 3 years.
board
"board" means the board of directors of the Authority established by section 11(1);
director
"director" means a director of the board appointed under section 12(1);
managing director
"managing director" means the director appointed to be the managing director under section 13(1);
Part VI
Part VIII