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 4
Deposit Protection Act · 2023 Revised Edition · Part 4
Official textFrom Attorney General's Chambers, unchanged
Regulations may be made under section 86 in respect of the determination of the first premium and the annual premiums including —
the establishment of a system of classifying member institutions in different categories;
the criteria or factors to be taken into account, the procedures to be followed by the Corporation in determining the category in which a member institution is classified; and
Corporation
“Corporation” means the Brunei Darussalam Deposit Protection Corporation established by section 3;
any other matters related thereto.
Scope of coverage
Corporation
“Corporation” means the Brunei Darussalam Deposit Protection Corporation established by section 3;
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;
Part
Part