Brunei National Petroleum Company Sendirian Berhad Order, 2002 · s 13

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13.
Administrative control and supervision
(1) Subject to subsection (8) of section 12, the Company shall be subject to the control and direction of His Majesty the Sultan and Yang Di-Pertuan in Council who may from time to time issue such directions in writing as he considers appropriate. Notwithstanding any provision of this Order or of any other written law, any direction so issued shall be binding on the Company, its directors, officers and other employees.
(2) His Majesty the Sultan and Yang Di-Pertuan in Council shall not be deemed to be a director for the purposes of section 260 or of any other provision of the Companies Act (Chapter 39) by virtue only of subsection (7) of section 12 and subsection (I.)
of this section.
(3) His Majesty the Sultan and Yang Di-Pertuan shall be entitled to receive from the Company information and advice on the state of the petroleum sector in
Brunei Darussalam and internationally, on policies and their implementation in all matters pertaining to petroleum and petroleum products and on measures of control and protection of investments in the national petroleum sector. This advisory function shall be the responsibility of the Board.
(4) His Majesty the Sultan and Yang Di-Pertuan in Council shall have the right at any time to initiate an inquiry into the activities of the Company. Such inquiry shall be conducted by the Auditor General. While conducting such inquiry, the Auditor General shall be entitled to have immediate and unrestricted access to all records, documents and other sources of information available within or with the sanction of the Company.

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s 13Administrative control and supervision

(1)

Subject to subsection (8) of section 12, the Company shall be subject to the control and direction of His Majesty the Sultan and Yang Di-Pertuan in Council who may from time to time issue such directions in writing as he considers appropriate. Notwithstanding any provision of this Order or of any other written law, any direction so issued shall be binding on the Company, its directors, officers and other employees.

(2)

His Majesty the Sultan and Yang Di-Pertuan in Council shall not be deemed to be a director for the purposes of section 260 or of any other provision of the Companies Act (Chapter 39) by virtue only of subsection (7) of section 12 and subsection (I.)

of this section.

(3)

His Majesty the Sultan and Yang Di-Pertuan shall be entitled to receive from the Company information and advice on the state of the petroleum sector in

Brunei Darussalam and internationally, on policies and their implementation in all matters pertaining to petroleum and petroleum products and on measures of control and protection of investments in the national petroleum sector. This advisory function shall be the responsibility of the Board.

(4)

His Majesty the Sultan and Yang Di-Pertuan in Council shall have the right at any time to initiate an inquiry into the activities of the Company. Such inquiry shall be conducted by the Auditor General. While conducting such inquiry, the Auditor General shall be entitled to have immediate and unrestricted access to all records, documents and other sources of information available within or with the sanction of the Company.