Investment Incentives Order, 2001 · As enacted · Part XIV
Section 104
Official textFrom Attorney General's Chambers, unchanged
Any company incorporated in Brunei Darussalam which is desirous of developing or using in Brunei Darussalam a new technology in relation to a product, process or service may make an application in the prescribed form to the
company
"company" means any company incorporated or registered in accordance with the provisions of any written law relating to companies; 1307 26th.
Minister to be approved as a venture company.
Minister
"Minister" means the Minister charged with the responsibility for industrial development;
Where the Minister is satisfied that the technology, if introduced in
Brunei Darussalam, would promote or enhance the economic or technological development of Brunei Darussalam, he may approve the company as a venture company and issue a certificate to the company subject to such terms and conditions as he may impose.
Application for and issue of certificate to technology investment company or overseas investment company.
technology investment company
"technology investment company" means a company approved as a technology investment company under subsection !2) of section 105; 11Venture company" means a company approved as a venture company under subsection (2) of section 104;
Terms defined in this Act
company
Defined · s 3"company" means any company incorporated or registered in accordance with the provisions of any written law relating to companies; 1307 26th.
Minister
Defined · s 3"Minister" means the Minister charged with the responsibility for industrial development;
overseas investment company
Defined · s 103"overseas investment company" means a company approved as an overseas investment company under subsection j4} of section 105;
technology investment company
Defined · s 103"technology investment company" means a company approved as a technology investment company under subsection !2) of section 105; 11Venture company" means a company approved as a venture company under subsection (2) of section 104;