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 · Part · Finance
Deposit Protection Act · 2023 Revised Edition · Part · Finance
Official textFrom Attorney General's Chambers, unchanged
The Corporation may invest in —
Corporation
“Corporation” means the Brunei Darussalam Deposit Protection Corporation established by section 3;
any stocks, funds, shares or securities in companies incorporated or operating in Brunei Darussalam; and
any investment in any entity or instrument of issuers based in any other country or territory alternating or originating in any other currency, including —
any obligation of a corporation, commercial bank or a bank-holding company, asset-backed security and mortgage-backed security issued or unconditionally guaranteed by a corporate entity or trust; any repurchase and reverse repurchase agreement with a major commercial bank or a primary dealer;
futures, forwards, options contracts or swaps on any investment which are traded on an exchange;
any security listed and traded on an exchange;
any exchange-traded funds, instruments that provide exposure to market indices for any investment, a private equity fund and a hedge fund;
any Islamic financial instrument;
any bullion, commodity and currency;
any other specific investment not included in this subsection as may be approved by the Corporation.
Any investment from the fund shall be in accordance with
Hukum Syara’.
Corporation
“Corporation” means the Brunei Darussalam Deposit Protection Corporation established by section 3;