Section 22: Audit

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1) The accounts and books of the Authority shall be Audited by the Auditor General.

2) The authority shall conduct its internal audit regularly.

Tagged:
insurance act
nepal law

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Preamble
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Section 33: Evaluation of Technical Proposal
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Section 14: Inspection
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Section 52: Contribution for provident fund
Section 82: Provisions related to re-insurance contracts
Section 133: Provisions relating to misconduct may be made in the bye-law
Section 25: Adjudication proceedings and disposal of the case not be affected
Section 158: High Court to perform functions of Labour Court
Section 106A: Not to Work in Commercial Bank or Financial Institution
Section 94: Report on Monetary Policy
Section 137: Period for taking decision
Section 4: Objectives of the Bank
Section 136: Authority imposing punishment
Section 98: To Regulate, Inspect and Monitor
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Section 140: Inter-government transactions may be carried out
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Section 95: Inspection and Checking of Accounts
Section 124: Punishment
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Section 108: Oath of Office
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Section 67: Restrictions on undertaking business in partnership or acquire assets in ownership
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Section 160: Delegation of Authority
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Section 91: Annual Report
Section 21: Bid Security
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Section 88B: Provision Relating to the Formation of the Special Administration
Section 103: Stabilisation Fund
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Section 5: Prohibition on employment of children
Section 13: Provision relating to probation period
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Section 157: Collection of Statistics
Section 58: Mechanism for Dispute Settlement
Section 161: Contact with the Government of Nepal
Section 132: Prohibition of sexual harassment
Section 28: Meeting of the Board
Section 28: Two-Stage Bidding
Section 119: Cooperative may be sought
Section 31: Application to be submitted to acquire membership
Section 55: Delegation of Powers
Section 20: Fund of the Insurance Authority
Section 34: Opening of Financial Proposal
Section 65: Functions, Duties and Powers of Public Procurement Monitoring Office
Section 56: No Distribution of Dividend
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Section 51: Monetary Unit
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Section 113: Submission of individual claims
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Section 15: Continuity of existence of employment relationship during the period held in reserve
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Section 47: Failure to Maintain Compulsory Deposit
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Section 54: Committee or sub-committee may be formed
Section 27: Acceptance of Bid and Procurement Contract
Schedule
Section 101: Insurer Deemed to be Problematic
Section 88N: Exchange of Reciprocal Assistance
Section 107: Minimum remuneration fixation committee
Section 104: Organisation or Association may be declared problematic
Section 93: Submission of Report to Government of Nepal
Section 33: Can open a liaison office
Section 169: Procedure relating to service of notice
Section 165: Provide Expert Services
Section 22: Grounds for Removal of the Directors from Office
Section 138: Cooperative Education
Section 115: Decision to be made by the Office
Section 100: Regulation Fee
Section 24: Resignation by Director
Section 73: Delegation of Power
Section 6: Prohibition on discrimination
Section 8: Formation of Central Sectoral Cooperative Association
Section 152: Complaint Hearing
Section 35: Function, Duties and Powers of the Audit Committee
Section 121: Priorities on the Payment of Liabilities in Case of Liquidation of the Insurance company
Section 122: Offences deemed to be committed
Section 78: Claim of Micro-Insurance
Section 1: Short title and commencement
Section 3: Procurement to be Made as Per This Act
Section 62: Liquid Assets to be maintained
Section 15: Non-abuse of regulatory opportunity
Section 25: Government of Nepal to be the plaintiff
Section 6: Formation of Provincial Sectoral Cooperative Association
Section 123: Special provisions relating to the submission of collective claims, demands
Section 67: Issuance of Debt Bond Against Gold and Foreign Currency
Section 112: Repeal and Saving
Section 15: Appointment of the Governor
Section 150: Special provisions relating to regulation, monitoring and supervision
Section 28: Working hours
Section 88: Establishment of Credit Information Centre
Section 30: Short List to be Prepared by Soliciting Expression of Interest Openly
Section 87: Special provisions relating to tourism labours
Section 32: Can open a branch office
Section 9: Not to misuse banking resources, means and assets
Section 60: De-registration
Section 146: Recovery to be made as government due
Section 140: Termination of time-based and work-based employment
Section 21: Accounting of Income and Expenditure
Section 80: Arrangements for control of infectious diseases to be made
Section 100: Punishment for Violation of the Bank’s Regulation
Section 59: Nepal Rastra Bank may take over Management
Section 26: Summary Procedure to be Adopted
Section 48: Mourning leave
Section 24: Existing Licenses
Section 14: Formation of the Board
Section 155: Insurance Information Centre
Section 45: Maternity leave
Section 62: Insurance Contract
Section 19: Prohibition of Engaging in Improper Commercial or Business Activities
Section 32: Prohibition on Vested Personal Interest
Section 44: Directors not to continue to hold the office
Section 154: Formation of Expert Groups
Section 45: Works May be Done or Cause to be Done by Force Account
Section 55: Prohibition on Disbursing Credit
Section 60: Currency Recall or Withdrawal
Section 86G: Can be Subject of Resolution
Section 62: Foreign Exchange Policy
Section 19: Remuneration and Other Benefits to the Directors
Section 45: Operation of Open Market Transaction
Section 59: Account of Issued Currency
Section 106C: Government of Nepal May Give Directives
Section 105: Official to be Suspended
Section 104: Functions, Duties and Powers of Special Administration Team
Section 75: Credit to the Government of Nepal and Purchase of Government Debt Bonds
Section 82: Credits Recovery Tribunal
Section 57: Appointment of the Executive Director
Section 52A: Provisions Relating to Advance Payment
Section 180: This Act not to apply
Section 112: Performance evaluation of labours by enterprise
Section 52: Procurement Contract and Terms and Conditions Thereof
Section 26: Remuneration may be repatriated in convertible foreign currency
Section 11: No Association may be Formed
Section 6: Procurement Plan to be Prepared
Section 7: Formation of Provincial Cooperative Association
Section 3: Not to open an account or demand cash payment in an unauthorised manner
Section 88L: Other Provisions Relating to Resolution
Section 117: To hold negotiations on collective claims, demands
Section 3A: Power of Bank to Take Action
Section 84: To be sent for freezing
Section 73: Details to be made available
Section 32: Fixation of working hours
Section 28: Internal Procedures may be framed
Section 146: Resumption of operation
Section 94: Renewal of License of Insurance Intermediaries
Section 107: No Responsibility for Acts Done in Good Faith
Section 150: Insured Insurance Protections Fund
Section 1: Short Title, Extension and Commencement
Section 38: Prohibition on deduction of remuneration
Section 74: Obtained Approval While Selling Assets
Section 39: Capital of the Bank
Section 165: Appeal
Section 9B: Acts Not to be Done by the Exporter
Section 140: Offence
Section 37: Power to Make a Directory
Section 44: Allotment of Shares
Section 55: Issuance of Currency and Security
Section 63: Payment of remuneration and other benefits
Section 6: Formation of the Board
Section 89: Appointment of a Liquidator
Section 21 Deemed to Have Committed an Offense
Section 107: Inventory to be prepared
Foreign Exchange (Regulation) Act 2019
Section 29: Regulation may be framed
Section 114: Application may be made to the Office
Section 166: Issue Orders and Directives
Section 59: Termination of Procurement Contract and Remedy Therefor
Section 22: Power to Frame Rules
Section 100: Annual Report to be submitted
Section 102: Mutual Security Services may be conducted
Section 28: To be governed as per the prevailing laws
Section 4A: Provisions Relating to Foreign Exchange Obtained by Citizens of Nepal
Section 83: Direction may be issued
Section 20: No Exemption from Liability
Section 24: Restriction on Insurance Business without license
Section 25: Evaluation of Bids
Section 2: Definitions
Section 79: Regulatory Powers of the Bank
Section 27: Remuneration, conditions of service, benefits of and other provisions relating to foreign labours
Section 28: Application to be made
Section 11J: To Submit Report
Section 128: Complaint Relating to Payment of Claim
Section 151: Insurance Development Fund
Section 123: Settlement of Insurance Claim
Section 88: Provisions relating to domestic labours
Section 92: Qualifications of Insurance Mediators
Section 12: Personal Information Must be Kept Confidential
Section 11: Process and Stage of Bidding
Section 11: Not to stop credit facility in the way to loss working project of borrower
Section 139: Security of employment
Section 135: Special Provisions concerning operation of Association
Section 86I: Right to Appeal Against the Order of the Bank
Section 177: Labour coordination committee
Schedule
Section 115: Management Committee may write to take action
Section 16: Punishment to the Persons Creating Hindrance
Section 81: Credit Information Centre
Section 98: Ministry to conduct Inspection and Monitoring
Section 152: Repeal and Saving
Section 56: Provision Concerning Extension of Contract Period
Section 20: Cooperation to be extended
Section 50: Method of Review
Section 87: Establishment of Information Network
Section 131: Misconduct and punishment
Section 59: License to be obtained
Section 127: Double Fine to be imposed
Section 88H: Bridge Institution or Unit May be Established
Section 14: Not to Carry Out and Cause to Carry Out Irregular Economic and Financial Transactions
Section 16: Clarification as to Unclear Matter on Bidding or Pre-Qualification Documents
Section 41: Provision for Direct Procurement
Section 130: Observance of discipline and duties
Section 104: Collection of Data
Section 67A: Procurement Proceedings Should Not Be Obstructed
Section 4:
Section 106: Actions not to be Invalid
Section 25: ……………………………
Section 144: Encouragement may be given
Section 111: Authority to be suspended ipso facto
Section 11B: To Search for Suspicious Person
Section 29: Coordination Required
Section 36: Employees of the Bank
Section 74: Consultation on the Matter of Law Reform
Section 145: Departmental actions may be taken
Section 84: Provisions relating to tea-estate labours
Section 36: Entitlement to annual increment in remuneration (grade)
Section 50: Disqualifications of Directors
Section 182: Powers to frame rules
Section 2: Definitions
Section 141: Punishment
Section 47: Remuneration need not be paid
Section 31: Delegation of powers
Section 30: Functions, Duties and Powers of the Governor
Section 124: Payment of Re-insurance Claim
Section 171: Act Implementation Measurement
Section 32: Power to Give Directions
Section 95: Acts Deemed to be Offences Under this Act
Section 48: Review Committee
Section 12: Not to Make Loss by Making Alteration in Account or Ledger or by Committing Forgery or Fraud
Section 3: To remain as minimum standards
Section 9: Relation between the Government of Nepal and the Bank
Section 105: Trust Accounts
Section 86: Provisions relating to transport labours
Section 45: Directors may be removed from Office
Section 65: To make inspection, supervision and monitoring
Section 89: Recommending Action
Section 99: Foreign Insurance Company shall inform to the Authority
Section 116: Insurer Many Acquire Another Insurer
Section 31: Additional remuneration to be paid
Section 61: Conduct of the Official Involved in Public Procurement Proceedings
Section 49: Accumulation of leave
Section 43: Restriction on Distribution of Dividend
Section 12: Power of Bank to Give Direction, Frame By-Law or Issue Order or Notice
Section 85: Special provisions relating to construction labours
Section 75: Micro Insurance is Required
Section 21: Claim or Complaint Not to Lie
Section 147: Prevailing law relating to companies not to apply
Section 118: Settlement through mediation
Section 92: Auditing
Section 14: Continuity of existence of the employment relationship despite change in ownership
Section 167: Pursuant to this Act
Section 24: Non-Procession of Bids
Section 37: Functions, Duties and Powers of Preliminary General Meeting
Section 128: Prohibition on filing of case against loss
Bonus Act 2030
Section 76: To stop work in the case of immediate danger
Section 3: Establishment of the Bank
Section 27: Bylaws to be framed
Section 10: Goods or Services May be Returned
Section 51: Leave not as a matter of right
Section 142: Contract not to be concluded
Section 22: Liabilities to be limited
Section 101: Procedures for Pecuniary Penalty and Punishment
Section 12A: Not to make any Fraudulent Activities to Bank and Financial Institutions and Cooperatives
Section 18B: Certification of Copy of Document Related to Foreign Exchange
Section 125: Settlement of Small Amount Claim
Section 11: International Cooperation and Relationship
Section 68: Reserve Fund
Section 146: Government of Nepal to be Plaintiff
Section 13: Not to Derive Excess, Low or False Valuation or Prepare False Financials
Section 6: Prior Right of the Bank
Section 26: Functions of National Cooperatives Federation
Section 139: Financial Assistance to be provided
Section 98: Report to be submitted
Section 92: Registrar
Section 88G: Recommendation May be Made for Improving the Financial Condition of the Commercial Bank or Financial Institution
Section 73: Duties of labour
Section 150A: Instructions On Prevention of Money Laundering Must Be Followed
Section 154: Proceeding against contempt of court
Section 162: Right to make complaint
Section 58: Books and Accounts
Section 9A: To Receive Payment of Value of Exported Goods
Section 1: Short Title, Commencement, and Extension
Section 127: Person Entitled to Get Payment
Section 89: Provisions relating to seasonal enterprises
Section 36: No Impediment to Prosecuting Cases in Accordance with Prevailing Law
Section 10: Restriction on Export and Transmission of Securities
Section 5: Functions, Duties and Power of the Authority
Section 33: Management Committee
Section 35: Payment of remuneration
Section 72: Records of Procurement Proceedings
Electronic Commerce (E-Commerce) Act 2081
Section 81: Re-Insurance Business
Section 47: Formation of Board of Directors
Section 126: Apparent loss or damage
Section 37: May order capital reduction
Section 138: Fineable
Section 88A: Power of the Bank to Carry Out Work of Resolution
Section 18: Working Area of Cooperative Organisation
Section 14: Obligations of the Intermediary Practitioner
Section 34: Termination of membership
Section 21: Provisions relating to social security
Section 3: Establishment of the Authority
Section 153: Not to Make Insurance Transactions with Anyone Except Insurer
Section 5: Not to make unauthorised withdrawals or payments
Section 78: Exemptions, Facilities and Discounts
Section 116: Collective claim may be submitted
Section 11A: Designation of Investigating Officer
Section 17: Time and limitation for the Lodgement of First Information Report
Section169: Enact and Enforce Regulations
Section 148: Request for Details
Section 64: Public Procurement Monitoring Office
Section 166: Decisions to be executed
Section 131: Operation and Management of Insurance in Province
Section 30: Membership of Organisation
Section 2: Definitions
Section 134: Power to suspend
Section 57: Prohibition of Purchase of Goods with Commercial Objectives
Section 3B: Other Provisions Relating to Foreign Exchange Transactions
Section 11E: Power to Arrest
Section 19: Working Area of Association and Cooperative Bank
Section 9: Tenure of Chairperson and Members
Section 73: Investment in Subsidiary Company
Section 46: Compulsory Deposit of Commercial Banks and Financial Institutions
Section 21: Transaction, Business, Industries, or Project may be operated
Section 6: Disclosure of Details
Section 70: The Insurance Appraisal
Section 142: Don’t work in the Insurance Business
Section 20: Classification may be made on Sectoral Basis
Section 172: Entitlement to remuneration and other benefits
Section 109: Provisions to be made in Case improvement Not Achieved in the Condition of the Insurer
Section 3: Electronic Trading May be Carried Out
Section 54: Variation Order
Section 11G: Prohibition on Divulgence of Secrecy
Section 82: Information to be Furnished to Bank
Section 75: Repeal and Amendment
Section 107: Preparation of New Financial Statements
Public Procurement Act 2063
Section 88E: Notice and Registration of the Work Relating to Resolution
Section 48: Formation of Accounts Supervision Committee
Section 120: Appointment of a Liquidator
Section 97: Prohibition to act
Section 158: Not being held accountable for actions done with good intentions
Section 41: Public leave
Section 174: Delegation of authority
Section 78: Special provisions relating to occupational safety and health
Section 178: Transitional provisions
Section 55: Accidental insurance to be made
Section 5: Cost Estimate to be Prepared
Section 83: Accounts to be maintained accurately
Section 68: Possession of Property Prohibited
Section 35: List to be Published
Section 7: Responsibility Towards Procurement Activities
Section 51: Discontinue to hold the office of Director
Section 36: General Meeting
Section 176: Special powers of the Ministry
Section 5: Restriction on Export and Import of Certain Currency and Bullion
Section 9: Right to remedy
Section 82: Special provisions relating to treatment of occupational disease
Section 26: Waiver in the Claim of Punishment may be Happen
Section 93: Provisions relating to Office and inspectors
Section 8: Not to misuse credit
Section 181: To frame and implement directives and procedures
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