Section 55

Calculation of protected foreign currency deposits for obligatory payment

ActIn forceProvision 55 of 86

For the purpose of making obligatory payment by the Corporation, all protected foreign currency deposits will be paid in Brunei dollars based on the published value of the currency exchange rate as of the date of winding up of the member institution.

Read in full context — Deposit Protection Act →

Section 55

Calculation of protected foreign currency deposits for obligatory payment

of Deposit Protection Act

ActIn forceProvision 55 of 86

For the purpose of making obligatory payment by the Corporation, all protected foreign currency deposits will be paid in Brunei dollars based on the published value of the currency exchange rate as of the date of winding up of the member institution.

Read in full context — Deposit Protection Act →