Section 8
of Currency Act
ActRepealedProvision 8 of 27
Section 8
(1)
There is hereby created a Brunei Darussalam Currency.
(2)
The unit of currency shall be the Brunei dollar which shall have a parity of 0.290299 grammes of fine gold:
Provided that the parity of the Brunei dollar may be changed as His
Majesty, on the recommendation of the Board, may determine.
(3)
The Brunei dollar shall be divided into 100 cents.
Board’s sole right to manage and issue currency.