Act Relating to Institutions Acting as Financial Intermediary, 2055 (1999)

Estimated reading: 0 minutes 39 views
Chapter-1  Preliminary
Chapter-1 Preliminary

.Short title and commencement: (1) This Act may be called as “Act

Chapter-2  Provisions Relating to License
Chapter-2 Provisions Relating to License

Prohibition on carrying out act of financial intermediation without license: After the

Chapter-3  Functions, Duties and Powers of Institutions
Chapter-3 Functions, Duties and Powers of Institutions

Functions, duties and powers of institutions: The functions, duties and powers of

Chapter-4  Functions, Duties and Powers of Bank
Chapter-4 Functions, Duties and Powers of Bank

Power to make or cause to be made inspection or inquiry: (1)

Chapter-5 Fund, Accounts and Audit of Association
Chapter-5 Fund, Accounts and Audit of Association

Fund of Association: (1) The institution37 shall have a separate fund of

Chapter-6 Punishment
Chapter-6 Punishment

Punishment: (1) If a person carries out the act of financial intermediation

Chapter-7 Miscellaneous
Chapter-7 Miscellaneous

Exemption from registration fee or revenue stamp: The transaction of registering the

Post a comment

Your email address will not be published.

Share this Doc

Act Relating to Institutions Acting as Financial Intermediary, 2055 (1999)

Or copy link

Contents
Discover Nepal's laws effortlessly. Our user-friendly platform simplifies legal understanding and accessibility, serving individuals throughout the country.