Skip to content
Back to the text

Exchange Control Act · s 8

Suggest a correction

Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.

What is wrong?

The text as we hold it

Open the official text

s 8

Except with the permission of the Controller, no per-Paym~nts in son shall do any of the following things in Brunei, that is to Brunea say-

(a)

make any payments to or for the credit of a person resident outside the scheduled territories;

(b)

make any payment to or for the credit of a person resident in the scheduled territories by order or on behalf of a person resident outside the scheduled territories; or

(c)

place any sum to the credit of any peson resident outside the scheduled territories:

Provided that where a person resident outside the sche-duled territories has paid a sum in or towards the satisfac-tion of a debt due from him, paragraph (c) of this section shall not prohibit the acknowledgement or recording of the payment.