Islamic Banking Act · s 111

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s 111Duty of registered Islamic bank to furnish undertaking for liabilities

A registered Islamic bank whose head office is situated outside

Brunei Darussalam shall furnish to the Authority a written undertaking from its head office, supported by a resolution of its Board of Directors, stating that the head office of such bank shall, on demand by the Authority, provide such funds as may be necessary to meet all obligations incurred in or in connection with, its business in Brunei Darussalam.