Islamic Banking Act · 2024 Revised Edition · Part · Unclaimed Balances
70. Copies and inspection of returns
Official textFrom Attorney General's Chambers, unchanged
An Islamic bank that lodges a return shall retain a copy of the return at its registered office or principal place of business in
Islamic bank
“Islamic bank” means a company which carries on Islamic banking business and holds a licence granted under section 4 or 23, and includes all branches and offices in Brunei Darussalam of any such company for the purposes of this Act;
Brunei Darussalam.
The copy shall be retained for at least 6 years after the date on which it was lodged.
The copy may be held in any form, but it shall be readily able to be reproduced in the form of a document.
document
“document” includes a circular brochure, pamphlet, poster, handbill, prospectus and other document which is directed at or likely to be read by members of the public; and also includes any newspaper, magazine, journal or other periodical publication;
An Islamic bank shall make the retained copies of returns reasonably available for inspection by any person.
The Islamic bank may charge a reasonable inspection fee.
Terms defined in s 2
document
Defined · s 2“document” includes a circular brochure, pamphlet, poster, handbill, prospectus and other document which is directed at or likely to be read by members of the public; and also includes any newspaper, magazine, journal or other periodical publication;
Islamic bank
Defined · s 2“Islamic bank” means a company which carries on Islamic banking business and holds a licence granted under section 4 or 23, and includes all branches and offices in Brunei Darussalam of any such company for the purposes of this Act;
place of business
Defined · s 2“place of business”, in relation to an Islamic bank, includes a head or main office, a branch, an agency, a mobile branch of the Islamic bank, any office established and maintained for a limited period only and any other place used by the Islamic bank for the dispensing or acceptance of money on account or for the conduct of other Islamic banking business;