In force2022 Revised EditionCurrent version · 2022 Revised EditionSee versions on Attorney General's Chambers(opens the publisher’s site)
Payment and Settlement Systems (Oversight) Act · 2022 Revised Edition · Part · General
Payment and Settlement Systems (Oversight) Act · 2022 Revised Edition · Part · General
Official textFrom Attorney General's Chambers, unchanged
The Authority may prepare and publish —
Authority
“Authority” means the Brunei Darussalam Central Bank established under the Brunei Darussalam Central Bank Order, 2010;
consolidated statements aggregating any information provided under this Act; or
for statistical purposes, statements that relate to or are derived from any information provided under this Act in respect of a payment system or a payment instrument, being the only payment system or payment instrument in its class.
payment system
“payment system” means a funds transfer system or other system that facilitates the circulation of money, and includes any instruments and procedures that relate to the system;
Payment and Settlement Systems
(Oversight)
Authority
“Authority” means the Brunei Darussalam Central Bank established under the Brunei Darussalam Central Bank Order, 2010;
payment instrument
“payment instrument” means any instrument, whether tangible or intangible, that enables a person to obtain money, goods or services or to otherwise make payment;
payment system
“payment system” means a funds transfer system or other system that facilitates the circulation of money, and includes any instruments and procedures that relate to the system;