Takaful Order, 2008 · s 31

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31.
( 1)
In the case of a family takaful certificate issued as a Brunei Darussalam certificate after the commencement of this Order, to a participant who is a citizen of Brunei Darussalam, any certificate moneys or moneys payable on the surrender of the certificate shall, notwithstanding anything in the certificate or in any agreement relating thereto, be paid in Brunei Darussalam currency, unless at the time of payment it is otherwise agreed between the takaful operator and the person entitled to the payment.
(2)
Where a takaful operator satisfies the Authority as regards any family takaful certificate registered under this Order by the takaful operator that the certificate moneys (including any moneys payable on the surrender of the certificate) are not, under the certificate or any agreement relating thereto, to be paid in Brunei Darussalam currency, then for the purpose of section 23(3) there shall be disregarded from the value the assets of the relevant takaful fund such amount as is equal to the value of the takaful operator's liability in respect of the certificate determined on a basis approved by the Authority.
Assumption of risk by takaful operator and collection and refund of contribution.

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s 31( 1)

In the case of a family takaful certificate issued as a Brunei Darussalam certificate after the commencement of this Order, to a participant who is a citizen of Brunei Darussalam, any certificate moneys or moneys payable on the surrender of the certificate shall, notwithstanding anything in the certificate or in any agreement relating thereto, be paid in Brunei Darussalam currency, unless at the time of payment it is otherwise agreed between the takaful operator and the person entitled to the payment.

(2)

Where a takaful operator satisfies the Authority as regards any family takaful certificate registered under this Order by the takaful operator that the certificate moneys (including any moneys payable on the surrender of the certificate) are not, under the certificate or any agreement relating thereto, to be paid in Brunei Darussalam currency, then for the purpose of section 23(3) there shall be disregarded from the value the assets of the relevant takaful fund such amount as is equal to the value of the takaful operator's liability in respect of the certificate determined on a basis approved by the Authority.

Assumption of risk by takaful operator and collection and refund of contribution.