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 · General
Finance Companies Act · 2021 Revised Edition · Part · General
Official textFrom Attorney General's Chambers, unchanged
This Act does not apply to -
any bank licensed under the Banking Order, 2006
(S 4512006). Islamic Banking Order, 2008 (S 9612008) or
International Banking Order, 2000 (S 5312000);
any co-operative society registered under any law of Brunei
Darussalam; or
any business of pawnbroking carried on by a person licensed under the Pawnbrokers Order, 2002 (S 6012002).
Notwithstanding any provisions in this Act, the Minister with the approval of His Majesty the Sultan and Yang Di-Pertuan, may exempt any finance company from any or all of the provisions 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: