In force2021 Revised EditionCurrent version · 2021 Revised EditionSee versions on Attorney General's Chambers(opens the publisher’s site)
Finance Companies Act · 2021 Revised Edition · Part · Reserve Funds, Dividends, Balance Sheets and Information
Finance Companies Act · 2021 Revised Edition · Part · Reserve Funds, Dividends, Balance Sheets and Information
Official textFrom Attorney General's Chambers, unchanged
No finance company shall pay any dividend on its shares until all its capitalised expenditure (including preliminary expenses, organisation expenses, share selling conmission. brokerage, an~ount of losses incurred and any item of expenditure not represented by tangible assets) has been completely written off.
finance company
"finance company" means any company licensed under this Act, to carry on financing business or Islamic financing business, and all branches and offices in Brunei Darussalam of such a company is deemed to be one finance company for the purpose of this Act:
finance company
"finance company" means any company licensed under this Act, to carry on financing business or Islamic financing business, and all branches and offices in Brunei Darussalam of such a company is deemed to be one finance company for the purpose of this Act:
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