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Currency and Monetary Order, 2004 (Formerly Known as Currency Act) · s 2
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Currency and Monetary Order, 2004 (Formerly Known as Currency Act) · s 2
Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.
In this Order, unless the context otherwise requires -
"bank" has the same meaning as in subsection (1) of section 2 of the
Banking Act (Chapter 95) and includes and Islamic bank as defined in section 2 of the Islamic Banking Act (Chapter 168);
"Board" means the Brunei Currency and Monetary Board;
"Chief Executive Officer" means a person appointed as such under subsection (1) of section 7;
"demand liabilities" means the Board's currency notes and coins in circulation and its other demand liabilities;
"foreign exchange" means foreign currencies and claims in and to foreign currencies;
"member" means any member of the Board;
"Minister" means the Minister of Finance.