Deposit Protection Act · 2023 Revised Edition · Part · General
83. Provision of information and production of books
Official textFrom Attorney General's Chambers, unchanged
The Corporation may, by notice in writing, require a member institution to —
Corporation
“Corporation” means the Brunei Darussalam Deposit Protection Corporation established by section 3;
provide such information; or
produce any book, at such time and in such manner as the Corporation may reasonably require for the proper discharge of its functions.
Any information received from a member institution under this section shall be treated as secret by the Corporation.
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;
Nothing in subsection (2) shall preclude the Corporation from disclosing the information if —
the information is already in the public domain;
the information is disclosed in such a manner that an individual member institution’s identity cannot be ascertained;
the member institution consents to the disclosure; or
disclosure of the information on individual member institutions is necessary in the Corporation’s performance of its functions or in the exercise of its powers.
Any member institution which fails to or neglects to furnish any information or produce any book required by the Corporation under this section is guilty of an offence.
Terms defined in s 2
Corporation
Defined · s 2“Corporation” means the Brunei Darussalam Deposit Protection Corporation established by section 3;
member institution
Defined · s 2“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;