International Banking Order, 2000 · s 14

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14.
(1)
Under the supervision of the Minister, the Authority shall be responsible for ensuring the proper administration of this Order.
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(2)
In addition to any functions conferred on it by or under any other provisions of this Order, the Authority shall have the following functions -
(a) where it thinks fit or when required to do so by or under this Order or any other written law, the Authority shall examine by way of the receipt of regular returns or in such other way as it thinks fit the affairs or business of any licensee for the purpose of determining that all the requirements of this Order are being met and that the licensee is carrying on its business in a satisfactory manner;
(b) where it has reasonable grounds to believe that a licensee or any director or other officer of a licensee has or may have contravened any of the provisions of this Order or any other of the laws of
Brunei Darussalam, the Authority shall conduct or assist in the investigation of that contravention;
(c)
the Authority may examine the accounts of licensees of which copies are required to be sent to it under this Order,
(3)
Subject to section 17, nothing in this Order authorises the Authority to inquire specifically into the identity, accounts or affairs of any specific customer of a licensee, and the following provisions of this Part shall be construed accordingly.

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s 14

(1)

Under the supervision of the Minister, the Authority shall be responsible for ensuring the proper administration of this Order.

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(2)

In addition to any functions conferred on it by or under any other provisions of this Order, the Authority shall have the following functions -

(a)

where it thinks fit or when required to do so by or under this Order or any other written law, the Authority shall examine by way of the receipt of regular returns or in such other way as it thinks fit the affairs or business of any licensee for the purpose of determining that all the requirements of this Order are being met and that the licensee is carrying on its business in a satisfactory manner;

(b)

where it has reasonable grounds to believe that a licensee or any director or other officer of a licensee has or may have contravened any of the provisions of this Order or any other of the laws of

Brunei Darussalam, the Authority shall conduct or assist in the investigation of that contravention;

(c)

the Authority may examine the accounts of licensees of which copies are required to be sent to it under this Order,

(3)

Subject to section 17, nothing in this Order authorises the Authority to inquire specifically into the identity, accounts or affairs of any specific customer of a licensee, and the following provisions of this Part shall be construed accordingly.