Section 8: Not to misuse credit

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No one shall misuse the credit facilities availed from a bank or financial institution or let the same be misused by diverting in the purpose other than for which the credit facilities were availed.

Tagged:
Banking Offence and Punishment Act
nepal law

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Section 124: Punishment
Section 154: Formation of Expert Groups
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Section 150: Special provisions relating to regulation, monitoring and supervision
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Section 20: Fund of the Insurance Authority
Section 60: Able to create a whistleblowing policy
Section 12: Pre-Qualification to be Determined
Section 97: Special Provisions concerning Inspection and Monitoring of Organisation or Association carrying out transactions of savings and credits
Section 130: Government of Nepal to be a plaintiff
Section 49: Loan and Refinance to Commercial Banks and Financial Institutions
Section 32: Power to Give Directions
Section 21: Accounting of Income and Expenditure
Section 101: Procedures for Pecuniary Penalty and Punishment
Section 82: Credits Recovery Tribunal
Section 43: Provision Relating to Renting House and Land and Obtaining Service on Contract
Section 9: Relation between the Government of Nepal and the Bank
Section 105: Trust Accounts
Section 152: Majority decision to prevail
Section 158: High Court to perform functions of Labour Court
Section 27: Bylaws to be framed
Section 92: Deemed to be unfair labour practice
Section 134: Due Amount to be recovered
Section 4: Prohibition on employing in forced labour
Section 88: Dissolution and Revocation of Registration
Section 10B: Provisions Relating to Lending and Borrowing of Loans in Foreign Exchange
Section 142: Don’t work in the Insurance Business
Section 98: To Regulate, Inspect and Monitor
Section 31: Additional remuneration to be paid
Section 88H: Bridge Institution or Unit May be Established
Section 55: Prohibition on Disbursing Credit
Section 80: Banking and Financial System and Credit Control
Section 61: Confidentiality to be maintained
Section 122: Arbitral award and collective agreement to be binding
Section 120: Appointment of a Liquidator
Section 17: Buyer’s Obligations
Section 52: Limit of Personal Saving
Section 97: Prohibition to act
Section 149: Labours to get first priority
Section 51: Reference interest rate may be determined
Section 112: Notice to be given for submission of liabilities
Section 76: Saving
Section 2: Definitions
Section 33: Evaluation of Technical Proposal
Section 54: Measurement, Weights and Size of Coins
Section 152: Complaint Hearing
Section 6: Disclosure of Details
Section 8: Right relating to trade union
Section169: Enact and Enforce Regulations
Section 77: Ineligibility for Appointing Auditor
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Section 52: Meetings of Board of Directors
Section 5: Not to make unauthorised withdrawals or payments
Section 29: Coordination Required
Section 11D: Power to Search Building or Place of Transaction
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Section 83: Dues to recover
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Section 86: …………………
Section 67: Find of a Cooperative Organisation
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Section 105: Provisions relating to meetings of the Council
Section 62: Liquid Assets to be maintained
Section 12: Formation of Cooperative Bank
Section 11A: Designation of Investigating Officer
Section 150: Insured Insurance Protections Fund
Section 168: Power to Frame Rules
Section 107: Inventory to be prepared
Section 43: Restriction on Distribution of Dividend
Section 1: Short title and commencement
Section 22: Liabilities to be limited
Section 164: Decision may be made by the Labour Court
Section 183: Repeal and saving
Section 73: Bank may ask for Particulars, Statistics and Documents
Section 94: Renewal of License of Insurance Intermediaries
Section 131: Misconduct and punishment
Section 53: Measurement, Weights and Size of Coins
Section 85: Audit Committee of Insurer
Section 64: Public Procurement Monitoring Office
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Section 15: Non-abuse of regulatory opportunity
Section 21: Disqualification of the Directors
Section 14A: Not to carry out Dhukuti transactions
Section 114: Application may be made to the Office
Section 16: Trainees may be engaged in work
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Section 62: Conduct to Bidder or Proponent
Section 103: Stabilisation Fund
Section 120: Expert Service may be sought
Section 6A: Preparation of Exiting List
Section 151: Insurance Development Fund
Section 71: Provisions concerning Other Funds
Section 29: Regulation may be framed
Section 135: Authority May Give Direction to Withold Payment of Insurance or Revoke the Insurance Policy
Section 38: Prohibition on deduction of remuneration
Section 101: Insurer Deemed to be Problematic
Section 33: May become members
Section 76: Incorporation of Insurance Company for Micro Business Only
Section 98: Ministry to conduct Inspection and Monitoring
Section 47: Application May be Filed Before the Chief of Public Entity
Section 67: Issuance of Debt Bond Against Gold and Foreign Currency
Section 37: Negotiations with the Proponent
Section 86B: Commercial Bank and Financial Institution Deemed to be Problematic
Section 54: Variation Order
Section 48: Term of Office of the Director
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Section 32: Prohibition on Vested Personal Interest
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Section 129: Complaint Regarding Loss or Damage
Section 125: Picketing or assembly may be made
Preamble
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Section 11F: Power to Hold in Detention
Section 64: Obligations of the main employer
Section 108: Provisions concerning Payment of Liabilities
Section 21: Bid Security
Section 56: Provision Concerning Extension of Contract Period
Section 55: Delegation of Powers
Section 132: Statutory Limitation to file a complaint
Section 38: Measures to Implement the Act
Section 14: Application to be Submitted for Registration
Section75: Saving from action
Section 33: Arrangement for transportation to be made
Section 176: Special powers of the Ministry
Section 132: Details to be Provided
Section 65: Functions, Duties and Powers of Public Procurement Monitoring Office
Section 106B: Expert Service to be Provided
Section 93: Submission of Report to Government of Nepal
Section 10: Restriction on Export and Transmission of Securities
Section 147: Prevailing law relating to companies not to apply
Section 17: Deadline for Submission of Bids or Pre-Qualification Proposals
Section 65: Dealing in Foreign Exchanges
Section 88B: Provision Relating to the Formation of the Special Administration
Section 45: Prospectus and Issue of Shares
Section 9: Not to misuse banking resources, means and assets
Section 24: Work permit may be issued
Section 132: Prohibition of sexual harassment
Section 40: Computation of net profit and loss
Section 39: Compulsory Reserve Fund
Section 119: Cooperative may be sought
Section 88O: Application for Liquidation May be Made
Section 68: Possession of Property Prohibited
Section 1: Short Title and Commencement
Section 16: Appointment of the Deputy Governor
Section 19: Part-time employment
Section 81: Re-Insurance Business
Section 83: Direction may be issued
Section 35: May Grant Exemptions, Facilities, or Concessions
Section 24: Objective of Organisation or Association
Section 92: Auditing
Section 8: Procurement Method to be Selected
Section 103: Special Administration/Management Team
Section 47: Failure to Maintain Compulsory Deposit
Section 9: Payment of Price of the Exported Goods
Section 81: Credit Information Centre
Section 40: Catastrophic Fund
Section 1: Short Title and Commencement
Section 165: Appeal
Section 23: Punishment
Section 146: Resumption of operation
Section 66: Security of Government of Nepal may be obtained
Section 160: Procedures of the cases
Section 65: Loans or Grants may be obtained
Section 29: Amendment to Bylaws and Internal Procedures
Section 19: Working Area of Association and Cooperative Bank
Section 14: Not to Carry Out and Cause to Carry Out Irregular Economic and Financial Transactions
Section 78: License to be Obtained from Bank
Section 136: Authority imposing punishment
Section 22: Opening of Bids
Section 88A: Power of the Bank to Carry Out Work of Resolution
Section 121: Priorities on the Payment of Liabilities in Case of Liquidation of the Insurance company
Section 70: Cooperative Promotion Fund
Section 11: Oath to be taken
Section 112: Performance evaluation of labours by enterprise
Section 19A: Special investigation team may be formed
Section 13: Operation of Accounts
Section 177: Labour coordination committee
Section 151: Formation of Labour Court
Section 155: Power to demand bank guarantee or deposit
Section 157: Collection of Statistics
Section 55: Accidental insurance to be made
Section 19: Document to be Void
Section 114: Remedial Actions may be taken
Section 79: Micro-Insurance Regulation Fees
Section 42: Special Provision Relating to Ration Procurement
Section 141: Employment may be terminated voluntarily
Section 36: Paid Up Capital of the Insurer
Section 78: Exemptions, Facilities and Discounts
Section 7: Deemed to be a Contract
Section 45: Works May be Done or Cause to be Done by Force Account
Section 41: Board of Directors
Section 23: Notice to be published
Section 52A: Provisions Relating to Advance Payment
Section 88E: Notice and Registration of the Work Relating to Resolution
Section 13: Bidding Documents to be Prepared
Section 165: Provide Expert Services
Section 88I: Sequence of Priority of Payment
Section 109: Authority may be delegated
Section 50: Discount Rate and Rate of Interest for Refinance
Section 18: Engagement in work as trainee labour
Section 95: Inspection and Checking of Accounts
Section 59: Termination of Procurement Contract and Remedy Therefor
Section 45: Directors may be removed from Office
Section 59: License to be obtained
Section 2: Definitions
Section 133: Annual Report Submit
Section 82: Information to be Furnished to Bank
Section 95: Powers, functions and duties of inspector
Section 23: Examination of Bids
Section 146: Recovery to be made as government due
Section 53: Functions, Duties and Powers of the Board
Section 12A: Not to make any Fraudulent Activities to Bank and Financial Institutions and Cooperatives
Section 106: Functions, duties and powers of Management Committee
Section 145: Departmental actions may be taken
Section 17: Time and limitation for the Lodgement of First Information Report
Section 66: Provision Concerning Procurement to be Made in Special Circumstances
Section 88L: Other Provisions Relating to Resolution
Section 11B: To Search for Suspicious Person
Section 26: Remuneration may be repatriated in convertible foreign currency
Section 130: Observance of discipline and duties
Section 7: Not to avail or provide loans in an unauthorised manner
Section 68: Reserve Fund
Section 39: Capital of the Bank
Section 149: No Obstruction for Punishment
Section 46: Compulsory Deposit of Commercial Banks and Financial Institutions
Section 128: Nepal Rastra Bank may punish
Section 59: Account of Issued Currency
Section 20: Qualifications of the Directors
Section 45: Operation of Open Market Transaction
Section 101: Making application in convenient Office
Section 14: Continuity of existence of the employment relationship despite change in ownership
Section 42: Substitute leave
Section 178: Transitional provisions
Section 111: Formation of labour relation committee
Section 19: Proceedings may be initiated by detaining into the custody
Section 8: Formation of Central Sectoral Cooperative Association
Section 18: Government to be the plaintiff
Section 14: Inspection
Preamble
Section 156: Power to order payment of interest
Section 131: Authority to adjudicate a case
Section 163: International Aid and Relation
Section 106: Notice of the Work
Section 57: Soiled or Counterfeit Currency
Section 26: Waiver in the Claim of Punishment may be Happen
Section 32: Opening of proposals
Section 108: Oath of Office
Section 27: Acting Governor
Section 10: Formation of Federation of National Cooperatives
Section 100: Annual Report to be submitted
Section 77: Restriction on Rate of Interest
Section 15: Appointment of the Governor
Section 57: Payment of Bill or Invoice
Section 83: Accounts to be maintained accurately
Section 32: Fixation of working hours
Section 156: Establishment of Insurance Institutions
Section 159: To forward the matter to the body having jurisdiction
Section 28: Internal Procedures may be framed
Section 97: To render necessary assistance
Section 24: Non-Procession of Bids
Section 22: Grounds for Removal of the Directors from Office
Section 19: Remuneration and Other Benefits to the Directors
Section 159: Submission of Report to Government of Nepal
Section 75: Credit to the Government of Nepal and Purchase of Government Debt Bonds
Section 18: Tenure of Office of the Director
Section 173: Increment of insurance amount
Preamble
Section 133: Provisions relating to misconduct may be made in the bye-law
Section 76: Bank’s Approval Required for Accepting Deposits or Giving Credits
Section 24: Issuance of order for creating encumbrances over the assets of a foreign individual
Section 126: Apparent loss or damage
Section 4A: Provisions Relating to Foreign Exchange Obtained by Citizens of Nepal
Section 3: Establishment of the Authority
Section 87: Special provisions relating to tourism labours
Section 62: Foreign Exchange Policy
Section 148: Request for Details
Section 11E: Power to Arrest
Section 65: To make inspection, supervision and monitoring
Section 90: Provisions concerning Liquidation
Section 74A: May Formulate Technical Guidance, Procedures and Directives
Section 113: Audit Report to be prepared
Section 62: Revocation, suspension of license or fine
Section 81: Credit to Prescribed Sectors
Section 60: Submission of details by licensee
Section 67A: Procurement Proceedings Should Not Be Obstructed
Section 13: Prohibition of Sale and Distribution
Section 89: Provisions relating to seasonal enterprises
Section 117: To hold negotiations on collective claims, demands
Section 24: Resignation by Director
Section 167: Power of the Office to have execution of decisions
Section 44: Allotment of Shares
Section 69: Activities restricted to be carried on by Insurance Company
Section 139: Financial Assistance to be provided
Section 89: Fiscal Year
Section 170: Fixation of basic remuneration
Section 28: Right to File a Complaint
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