Perbadanan Tabung Amanah Islam Brunei Act · s 20

Suggest a correction

Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.

What is wrong?Wrong or mistyped wordsWrong structure or numberingWrong title or detailsText that appears twice

What should change, and whyUp to 2,000 characters.The text as it should read (optional)Edit the text above. Up to 20,000 characters.Where you checked it (optional)A link to the official version, if you have one.

The text as we hold it

Open the official text

s 20Investment of funds

Investments which the Perbadanan TAIB may hold, as provided in section 19(1)(b) shall include —

(a)

gold coin or bullion and other precious metals;

(b)

real property and interests therein;

(c)

notes, coin, bank balances and money at call in such country or countries as may be approved by the Board;

Perbadanan Tabung Amanah Islam Brunei

CAP. 163 20

(d)

treasury bills of such government or governments as may be approved by the Board;

(e)

securities of or guaranteed by such government or governments or international financial institutions as may be approved by the Board;

(f)

such other classes of investment assets as may be authorised by the Board from time to time and set forth in a written investment guideline to the Perbadanan TAIB; and

(g)

such other specific investments not otherwise authorised hereunder as may be authorised by the Minister for finance on the recommendation of the Board.