Chapter 17 Inspection and Monitoring

Section 97: Special Provisions concerning Inspection and Monitoring of Organisation or Association carrying out transactions of savings and credits

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1) The Organisation or Association having savings and credits as the main transaction shall follow the monitoring system as prescribed.

2) The Registrar or the authority authorised by the Registrar shall carry out inspection and monitoring of Organisations or Associations with savings and credits as the main transaction based on the prescribed monitoring system.

3) While carrying out inspection and monitoring of an organisation or Association pursuant to sub-Section (2), the Registrar or the authority authorised by the Registrar may obtain the assistance of the Nepal Rastra Bank and other agencies.

4) Other matters as to inspection and monitoring of an organisation or Association having savings and credits as the main transaction shall be as prescribed.

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Section 97: Special Provisions concerning Inspection and Monitoring of Organisation or Association carrying out transactions of savings and credits

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