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bruneilawsby aturio
In force2021 Revised Edition
Contents

Part 2

5. Board of Directors

(1)

There shall be a Board of Directors of the Authority which shall be the executive body of the Authority which may exercise all the powers conferred on the Authority under this Act and shall be responsible for the formulation of the policies of the Authority, the supervision of the implementation and the general administration of the affairs and business of the Authority.

(2)

The Board shall consist of a Chairman, a Deputy Chairman and not less than three other members, as His Majesty the Sultan and Yang

Di-Pertuan may appoint.

(3)

Without prejudice to the powers conferred on His Majesty the

Sultan and Yang Di-Pertuan by the Constitution of Brunei Darussalam and except as otherwise specified in this Act, including section 13 -

(a)

the members shall not take instructions from any other person or entity, including Government entities; and

(b)

no person or entity shall seek to influence the members in the exercise of their powers or to interfere in the activities of the Authority.

(4)

The members shall -

(a)

not act as delegates on the Board from any commercial, financial, agricultural, industrial or other interest with which they are connected;

Pelroleurn Autl~ority o f Brunei Darussalan~

CAP. 231 19

(b)

hold ofice for such terms as His Majesty the Sultan and

Yang Di-Pertuan may determine;

(c)

be paid by the Authority out of the finds of the Authority such benefits and allowances as His Majesty the Sultan and Yang

Di-Pertuan may determine.

(5)

Schedule 1 shall have effect with respect to the Board, its members and proceedings.

Report

Read on from s 6

Part

Functions, Duties and Powers of Authority

Read on from Part

Part

Provisions Relating to Staff

Read on from Part

Part

Mineral Rights

Read on from Part

Part

Financial Provisions

Read on from Part

Part

Transfer of Company Petroleum

Read on from Part

Part

Transfer of Government Petroleum

Read on from Part

Part

General

Read on from Part

Schedules