In force2023 Revised EditionCurrent version · 2023 Revised EditionSee versions on Attorney General's Chambers(opens the publisher’s site)
Deposit Protection Act · 2023 Revised Edition · Chapter 4
Deposit Protection Act · 2023 Revised Edition · Chapter 4
Official textFrom Attorney General's Chambers, unchanged
Without prejudice to the powers of inspection, examination, investigation, inquiry or resolution conferred on the Corporation, nothing in this Act shall —
Corporation
“Corporation” means the Brunei Darussalam Deposit Protection Corporation established by section 3;
authorise the Minister to direct the Corporation; or
authorise the Corporation, to inquire specifically into the affairs of any customer of a member institution.
member institution
“member institution” means any financial institution deemed to be a member institution under section 27 whose membership has not been cancelled under section 31 or terminated under section 32;
Deposit Protection 18
deposit protection
“deposit protection” means the protection provided to the depositors of a member institution in case of its failure to pay its deposits;
Corporation
“Corporation” means the Brunei Darussalam Deposit Protection Corporation established by section 3;
deposit protection
“deposit protection” means the protection provided to the depositors of a member institution in case of its failure to pay its deposits;
member institution
“member institution” means any financial institution deemed to be a member institution under section 27 whose membership has not been cancelled under section 31 or terminated under section 32;
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