Deposit Protection Act · 2023 Revised Edition · Part · General
81. Immunity
Official textFrom Attorney General's Chambers, unchanged
No action, suit, prosecution or other proceeding whatsoever shall lie or be brought, instituted or maintained in any court or before any other authority against —
Authority
“Authority” means the Authority as stated in the Banking Order, 2006, the Islamic Banking Order, 2008 and in the case of the Finance Companies Act, the Minister;
the Corporation;
any director, officer, employee or agent of the Corporation, either personally or in their official capacity;
any person lawfully acting on behalf of the Corporation, any such director, officer, employee or agent, either personally or in his capacity as a person acting on such behalf, for or on account of, or in respect of, any act done or statement made or omitted to be done or made, or purporting to be done or made or omitted to be done or made, in pursuance or in execution of, or intended pursuance or execution of, this Act, or any order in writing, direction, instruction, notice or other thing whatsoever issued under this Act.
Subsection (1) applies only where such act or such statement was done or made, or was omitted to be done or made in good faith.
Nothing in subsection (1) shall be construed to relieve the
Corporation from the obligation to make payment in respect of a protected deposit under this Act
Corporation
“Corporation” means the Brunei Darussalam Deposit Protection Corporation established by section 3;
Terms defined in s 2
Authority
Defined · s 2“Authority” means the Authority as stated in the Banking Order, 2006, the Islamic Banking Order, 2008 and in the case of the Finance Companies Act, the Minister;
Corporation
Defined · s 2“Corporation” means the Brunei Darussalam Deposit Protection Corporation established by section 3;
deposit
Defined · s 2“deposit” means a deposit as defined in section 2(3) of the Banking Order, 2006, a deposit as defined in section 2(3) of the Islamic Banking Order, 2008 and a deposit as defined in section 2 of the Finance Companies Act, as the case may be;