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 IV
Brunei Darussalam Central Bank Order, 2010 (Formerly Known as Autoriti Monetari Brunei Darussalam Order) · As enacted · Part IV
Official textFrom Attorney General's Chambers, unchanged
In order to achieve the objects of the Authority and to carry out its functions, the Authority may -
{a}
operate in the financial markets by buying and selling outright (spot or forward) or under a re-purchase agreement, and by lending or borrowing claims and marketable instruments, as well as precious metals; and
{b)
conduct credit operations with banks operating in Brunei
Darussalam, with lending based on adequate collateraL
The Authority shall -
{a) determine the types of instruments and activities to be used for open market and credit operations; and
{b)
announce the conditions under which the Authority is ready to enter into such transactions.
Minimum reserves.
Part VI
Part VIII