Laws
Brunei Darussalam Central Bank Order, 2010 (Formerly Known as Autoriti Monetari Brunei Darussalam Order)
Part IV
s 16th

In forceAs enactedCurrent version · As enactedSee versions on Attorney General's Chambers(opens the publisher’s site)

Contents

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

Find in this law

IPreliminary

1Citation, commencement and long title
2Interpretation

IIEstablishment and Capital of Authority

3Establishment of Authority
4Objects of Authority
5{ 1)
6Capital of Authority
7Reserve Fund and reserve accounts
8Profits, losses and distributable earnings
9Allocation of distributable earnings
10Coverage of shortfall in capital

Part III

11
12
13Appointment of managing director
14Deputy managing directors
15Disqualification of directors
16Vacancies in office of director
17Meetings and decisions of board
18Director's interest in subject-matter of decision or contract to be made known
19Conflict of interest and fiduciary duty
20Appointment of committees and delegation of powers
21Audit Committee
22Head of Internal Audit
23Duties of Head of Internal Audit
24Appointment of employees
25Incentive scheme
26Retirement benefits
27Immunity of Authority, directors and employees etc.
28Remuneration not to be related to profits
29Preservation of confidentiality
30Prohibited activities
31(1)
32The Authority may generally in respect of any particular provision of this Order, or generally in respect of the conduct of any or all bank...
33
34Directions or regulations to prevent money-laundering and terrorism financing
35Public servants

Part IV

36
37
38
39!1)
40
41Other instruments of monetary controL
42Supervisory functions
43Payment system facilities
44Payment system licensing and oversight
45Collection of statistics and information
46Furnishing of statistics and information
16thDecember1 2010
47Dissemination of statistics and information
48Publications
49Authority as banker to Government
50Prohibition on lending to Government
51Co-operation with Government

VIRelations with Banks and Financial Institutions

52Lender of last resort
53Emergency lending
54Power to issue directions to banks and financial institutions
55Clearing and settlement of balances between banks and financial institutions

Part VII

56
57
58
59Existing contracts

VIIIGeneral

60Authority's financial year and accounting standard
61Audit
62Preparation and publication of financial statements and annual report
63Budget
64(1)
65
66Power to appoint attorney
67Validity of acts and transactions of Authority
68Guarantee by Government
69Corporate offenders and unincorporated associations
70Prosecution of offences
71Notwithstanding the provisions of any written law -
72Notwithstanding the provisions of any other written law, the High Court shall have jurisdiction to try all offences under this Order. 5034
73Overriding effect
74{1)
75Fees collected to be paid into funds of Authority
76Amendment of Schedules
77{1)
78Nothing in this Order shall affect the operation of the Currency Order, 2004. 5035
79Consequential and related amendments to other written laws

Schedules

FIRST SCHEDULE (section 56(1)) LIST OF WRITTEN LAWS the Anti Money-Laundering Order, 2000 (S 44/00); the Anti-Terrorism (Financial and Othe...
Second Schedule Consequential and Related Amendments to Other Written Laws (Section 79) First Column Second Column (1} Anti Money-Launderin...

Brunei Darussalam Central Bank Order, 2010 (Formerly Known as Autoriti Monetari Brunei Darussalam Order) · As enacted · Part IV

Section 16th

No plain-English summary for s 16TH yet. See the rest of this law

Official textFrom Attorney General's Chambers, unchanged

DECEMBER1 2010

Report

Suggest a correction
Request removal of this part

Read on from s 47

Part VI

Relations with Banks and Financial Institutions

Read on from Part VI

Part VII

Read on from Part VII

Part VIII

General

Read on from Part VIII

Schedules

Details

Brunei Darussalam Central Bank Order, 2010 (Formerly Known as Autoriti Monetari Brunei Darussalam Order) · s 16th

Saving and following need a free account.Sign in

Where this comes from

Attorney General's Chambers · Brunei Darussalam Central Bank Order, 2010 (Formerly Known as Autoriti Monetari Brunei Darussalam Order), As enacted. Reader record updated on 2 Oct 2026.

Open the official text