Section 104
of Investment Incentives Order, 2001
ORDERIn forceProvision 103 of 122
Section 104
(1)
Any company incorporated in Brunei Darussalam which is desirous of developing or using in Brunei Darussalam a new technology in relation to a product, process or service may make an application in the prescribed form to the Minister to be approved as a venture company.
(2)
Where the Minister is satisfied that the technology, if introduced in Brunei
Darussalam, would promote or enhance the economic or technological development of Brunei
Darussalam, he may approve the company as a venture company and issue a certificate to the company subject to such terms and conditions as he may impose.
Application for and issue of certificate to technology investment company or overseas investment company.