In forceAs enacted

Contents

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

Section 37

(1)

In order to conduct its operations and financial activities, the Authority may open and maintain accounts on its books for -

(a} banks and financial institutions made subject to the supervision of the Authority under section 42 or by the provisions of any other written law, and public entities; and

(b)

foreign banks, central banks, international financial institutions and, where appropriate, foreign governments, international organisations and donor organisations.

(2)

Without prejudice to subsection (1) and to section 41, the Authority shall not open accounts on its books for individuals and non-financial companies and enterprises without the approval of His Majesty the Sultan and Yang Di-Pertuan or the Authority.

(3)

The Authority may determine the conditions for opening an account on its books.

5021

(4)

The Authority may open and maintain cash and security accounts on the books of--

{a}

banks and financial institutions made subject to the supervision of the Authority under section 42 or by the provisions of any other written law;

and

{b)

central banks, foreign banks, depositories and international organisations.

Custodial and registry facilities.

Report

Read on from s 38

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