Section 4
Power to subscribe to shares of Bank
of Asian Infrastructure Investment Bank Act
ActIn forceProvision 4 of 10
Section 4
The Minister may, with the approval of His Majesty the Sultan and
Yang Di-Pertuan, on behalf of the Government —
(a)
subscribe to shares of the original authorised capital stock of the Bank in accordance with paragraph 1 of Article 5 to an amount not exceeding US$52.4 million;
(b)
where the shares of Brunei Darussalam have been increased at the request of the Government in accordance with paragraph 3 of
Article 5, subscribe to the amount of such increase;
(c)
where the original authorised capital stock of the Bank is increased under paragraph 4 of Article 5, subscribe to a proportion of the increase of stock as provided in that paragraph.