Securities Markets (Compoundable Offences) Regulations, 2015

Official textFrom Attorney General's Chambers, unchanged

s 1These Regulations may be cited as the Securities Markets (Compoundable

Offences) Regulations, 2015.

Compoundable offences.

s 2

The following offences may be compunded by the Authority —

(a)

any offence under the Order which is punishable by a fine only; or

(b)

any offence under section 22(5}, 47(6), 52(4), 125(3), 128(6), 158(3),

159(3}, 164(8}, 180(2), 188(3), 189(4), 190(3}, 192(3), 194(3), 195(2), 196(3},

241(11), 243(3), 250, 251(3) or 261 of the Order.

Form.

s 3

An offer to compound shall be in such form as the Authority may determine.

Payment.

s 4When an offer to compound any offence is made and accepted, payment for it —

(a)

shall be made in cash at the place where the offer was made; or

(b)

may be made through telegraphic transfer subject to any terms or conditions that the Authority may specify.

Receipt.

s 5

When payment is made in accordance with regulation 4, an official receipt shall be issued for such payment to the person to whom the offer to compound was made.

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BRUNEI DARUSSALAM GOVERNMENT GAZETTE

Made this 21st. day of Rabiulawal, 1436 Hijriah corresponding to the 12th. day of January, 2015.

AWANG YUSOF BIN HJ ABD RAHMAN

Managing Director,

Autoriti Monetari Brunei Darussalam.

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