Motor Vehicles Insurance (Third Party Risks) Act · 2014 Revised Edition
23. Power to make rules
Official textFrom Attorney General's Chambers, unchanged
The Authority may make rules for prescribing anything which may be prescribed under this Act and generally for the purpose of carrying this Act into effect, and in particular, but without prejudice to the generality of the foregoing provisions, may make rules —
Authority
“Authority” means the Autoriti Monetari Brunei Darussalam established by the Autoriti Monetari Brunei Darussalam Order, 2010;
Motor Vehicles Insurance
(Third Party Risks)
to prescribe the forms to be used;
as to applications for and the issue of certificates of insurance and any other documents which may be prescribed, and as to the keeping of records of documents and the furnishing of particulars thereof or the giving of information with respect thereto;
as to the issues of copies of any such certificates or other documents which are lost or destroyed;
as to the custody, production, cancellation and surrender of any such certificates or other documents;
for providing that any provisions of this Act shall, in relation to motor vehicles brought into Brunei Darussalam by persons making only a temporary stay in Brunei Darussalam, have effect subject to such modifications and adaptations as may be prescribed;
to prescribe the penalty not exceeding a fine of $4,000 and imprisonment for 6 months with which the contravention of any rule made under this section be punishable;
with respect to the payment of deposits under this Act and the investment thereof or dealing therewith, the deposit of stocks or other securities in lieu of money, the payment of the interest or dividends from time to time accruing due on any securities in which deposits are for the time being invested and the withdrawals and transfers of deposits.
Terms defined in s 2
Authority
Defined · s 2“Authority” means the Autoriti Monetari Brunei Darussalam established by the Autoriti Monetari Brunei Darussalam Order, 2010;