Skip to content
Contents

Part IV

39. !1)

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

(2)

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.

Report

Part VI

Relations with Banks and Financial Institutions

Part VII

Part VIII

General

Schedules