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Drug Trafficking (Recovery of Proceeds) (Enforcement of External Confiscation) Order, 2008 · s 8

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s 8

Ill Where the value of property recovered as described in paragraph 7( 1) is expressed in a currency other than the currency of Brunei Darussalam created by section 12(1) of the Currency and Monetary Order, 2004 (S 16/04), the extent to which the amount payable under the confiscation order is to be reduced under that subsection shall be calculated on the basis of the exchange rate prevailing on the date on which the property was recovered in the designated country concerned.

(2)

Where an amount of money payable or remaining to be paid under an external confiscation order registered in the court under section 23 is expressed in a currency other the currency of Brunei Darussalam, for the purpose of any action taken in relation to that order under this Order as applied by paragraph 3(2), the amount shall be converted into Brunei Darussalam currency on the basis of the exchange rate prevailing on the date of the registration of the order.

(3)

For the purpose of this section, a written certificate purporting to be signed by any officer of a bank licensed under section 4 of the Banking Order,

2006 (S 45/06) stating the exchange rate prevailing on a specified date shall be admissible as evidence of the facts so stated.