Section 1
This Act may be cited as the Coin (Import and Ex-port) Act.
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Coin (Import and Export) Act is Brunei Act, cited as Act 33 1984, currently marked in force and first recorded in 1984.
CAP. 33 1
REVISED EDITION 1984
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CHAPTER33
COIN (IMPORT AND EXPORT)
Opening note
This Act may be cited as the Coin (Import and Ex-port) Act.
For the purposes of this Act -
"banker" means any company incorporated in
Brunei including any company registered under
S.99/59
Short title
Interpreta-tion
Part IX of the Companies Act and carrying on the cap.
business of banking under a licence issued under any written law in force in Brunei;
"money-changer" means a person who carries on the business of money-changing as his chief business.
the importation into Brunei of such coins, whether legal tender within Brunei or not, as are in such notification specified;
the exportation from Brunei of such coins, being legal tender within Brunei, as are in such notification specified;
the circulation in Brunei of such foreign coins, not being legal tender within Brunei, as are in such notification specified.
His Majesty in Council may, by public notifica-tion, exempt any country or state from the operation of any notification prohibiting the importation into or exportation from Brunei of such coins as are in such notification spe-cified.
Prohibition of importa-tion, exporta-tion or cir-culation of coin
4
Rescinding or varying no-tification
Penalty for importing, exporting or circulating prohibited coin
CAP. 33
Coin (Import and Export)
His Majesty in Council may by public notification rescind or vary any notification published under section 3.
In any case in which it has been proved to the satisfaction of a Court that coin has been exported in con-travention of any such notification as aforesaid it may im-pose in addition to the fine authorised by this section a further penalty not exceeding the amount or value of the coin so found to have been exported.
The provisions of this section shall not apply to any coin imported or exported under a licence in writing under the hand of·the Minister or of any officer appointed in that behalf by the Minister. Every such licence shall specify the terms on which such coin may be imported or exported as the case may be.
( 4) Any person importing or exporting coin under the provisions of any such licence shall be bound to comply with the terms in such licence specified, and any person, importing or exporting coin in contravention of the terms of such licence shall be guilty of an offence: Penalty, a fine of
$1,000, and any coin imported or exported in contravention of the terms of such licence shall be forfeited. The provision contained in subsection (2) shall apply in the case of any coin exported in contravention of the terms of any such licence.
Coin (Import and Export)
CAP. 33
Any person who in contravention of any such
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notification circulates or attempts to circulate any coin in such notification specified, shall be guilty of an offence:
Penalty, a fine of $50, and the coin shall be forfeited.
For the purposes of this section a person is not deemed to circulate coin who gives such coin to a banker or money-changer in exchange for other coin or for notes.
Any coin the circulation of which in Brunei is prohi-bited by any such notification as aforesaid found within
Brunei otherwise than in the possession of a banker or money-changer after the expiration of 30 days from the pub-lication of such notification n1ay be forfeited, and may be seized without warrant by any police officer and detained pending the declaration of a magistrate as to its forfeiture.
Any magistrate, if satisfied by sworn information in writing that there is good reason to believe that any coin which has been imported or is in the act of being imported or exported in contravention of any such notification as aforesaid is likely to be found in any place to the nominal value of $50 or upwards, may by warrant under his hand direct any public officer named or specified therein to enter such place and search the same and seize all coin or coins found therein the importation or exportation of which is for the time being prohibited as aforesaid and detain the same pending the declaration of a magistrate as to its forfeiture.
5
Forfeiture of prohibited coin
Search war-rant
Any person found offending against the provisions of Arrest with-this Act may be arrested by any police officer without war-out warrant rant.
Forfeitures under this Act may be declared by a Forfeitures magistrate.
A convicting magistrate may direct any fine or any Reward to in-portion of a fine imposed and levied under this Act to be former paid to the informer or informers.
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