Skip to content

Part · Powers, Duties and Functions of Perbadanan Taib

21. Representatives

In the exercise of its powers and the performance of its functions under this Act, the Perbadanan TAIB may —

(a)

establish offices and representatives at such places outside

Brunei Darussalam as it thinks fit;

(b)

arrange or contract with and authorise a person or persons, which may be individuals or corporate entities, to act as agent or representative of the Perbadanan TAIB inside or outside

Brunei Darussalam, including the performance of investment management, legal, auditing and measurement of investment performance activities on behalf of the Perbadanan TAIB, and in conjunction with the performance of such activities, such agents or representatives may be paid fees for services rendered and may be reimbursed by the Perbadanan TAIB for out-of-pocket expenses.

Establishment of funds [S 18/2022]

Report