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 90: Account System
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Section 101: Making application in convenient Office
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Section 170: Fixation of basic remuneration
Section 4A: Provisions Relating to Foreign Exchange Obtained by Citizens of Nepal
Section 146: Resumption of operation
Section 66: Insurance Not to Be Done
Section 58: Books and Accounts
Section 11: International Cooperation and Relationship
Section 3B: Other Provisions Relating to Foreign Exchange Transactions
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Section 66: Provision Concerning Procurement to be Made in Special Circumstances
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Section 172: Entitlement to remuneration and other benefits
Section 148: No Hindrance to take actions according to prevailing laws
Section 114: Insurer May Merge or be Amalgamated
Section 11B: To Search for Suspicious Person
Section 28: Meeting of the Board
Section 24: Non-Procession of Bids
Section 104: Collection of Data
Section 145: Limitation for Complaint
Section 19: Document to be Void
Section 132: Statutory Limitation to file a complaint
Section 112: Repeal and Saving
Section 121: Priorities on the Payment of Liabilities in Case of Liquidation of the Insurance company
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Public Procurement Act 2063
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Section 140: Offence
Section 153: Not to Make Insurance Transactions with Anyone Except Insurer
Section 149: Power to frame Rules
Section 100: Punishment for Violation of the Bank’s Regulation
Section 90: Provisions concerning Liquidation
Section 169: Procedure relating to service of notice
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Section 15: Punishment
Section 44: Directors not to continue to hold the office
Section 61: Obligations of labour supplier
Section 106: Functions, duties and powers of Management Committee
Section 94: Delegation of Authority
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Section 78: Special provisions relating to occupational safety and health
Section 85: Exchange of Mutual Cooperation
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Section 59: Technical or Management Service Agreement
Section 43: Home leave
Section 59: Nepal Rastra Bank may take over Management
Section 26: Fulfilment of Vacant Office
Section 25: Language of the contract
Section 18A: Filing of Case
Section 75: Credit to the Government of Nepal and Purchase of Government Debt Bonds
Section 29: Consultancy Services May be Procured
Section 92: Qualifications of Insurance Mediators
Section 11D: Power to Search Building or Place of Transaction
Section 32: Power to Give Directions
Section 24: Resignation by Director
Section 176: Special powers of the Ministry
Section 32: Opening of proposals
Section 29: Functions, Duties and Powers of the Board
Section 95: Powers, functions and duties of inspector
Section 40: Provision Relating to Sealed Quotation
Section 122: Offences deemed to be committed
Section 79: Debts to be recovered
Section 109: Provisions to be made in Case improvement Not Achieved in the Condition of the Insurer
Section 116: Collective claim may be submitted
Section 6: Not to obtain or make payment by way of abuse or unauthorised use of electronic means
Section 68: International Clearing and Payment Agreements
Section 33: Evaluation of Technical Proposal
Section 73: Delegation of Power
Section 82: Provisions related to re-insurance contracts
Section 84: Inspection and Supervision
Section 94: Renewal of License of Insurance Intermediaries
Section 39: Meeting General Meeting
Section 69: Procurement Transaction May be Carried Out Through Electronic Communications Means
Section 146: Government of Nepal to be Plaintiff
Section 3: Establishment of the Bank
Section 22: Audit
Section 5: Restriction on Export and Import of Certain Currency and Bullion
Section 44: Sick leave
Section 53: Functions, Duties and Powers of the Board
Section 5: Registration Required
Section 48: Term of Office of the Director
Section 51: Monetary Unit
Section 57: Social security scheme to be applicable
Section 109: Transfer may be made
Section 1: Short Title and Commencement
Schedule
Section 160: Delegation of Authority
Section 9: Procurement to be Made by Inviting Open Bid
Section 133: Annual Report Submit
Section 21: Disqualification of the Directors
Section 50: Transaction of Savings and Credits to be made concentrating on Member
Section 134: Power of The Authority
Section 9: Tenure of Chairperson and Members
Section 64: Insurance Premium
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Section 70: Duties of employer towards non-labour
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Section 140: Termination of time-based and work-based employment
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Section 16: Meeting of the Board
Section 39: Other Provision for Consultancy Services
Section 181: To frame and implement directives and procedures
Section 125: Settlement of Small Amount Claim
Section 31: Additional remuneration to be paid
Section 55: Price Adjustment in Procurement Contract
Section 59: License to be obtained
Section 48: Formation of Accounts Supervision Committee
Section 48: Mourning leave
Section 28: Internal Procedures may be framed
Section 95: Acts Deemed to be Offences Under this Act
Section 124: Right to lock-outs
Section 68: Method of Communication
Section 11I: To Give Receipt
Section 27: Acting Governor
Section 128: Nepal Rastra Bank may punish
Section 92: Deemed to be unfair labour practice
Section 9B: Acts Not to be Done by the Exporter
Section 92: Auditing
Section 87: Audit of Insurer
Section 80: Banking and Financial System and Credit Control
Section 9: Not to misuse banking resources, means and assets
Section 11: Power to Demand Statements
Section 76: Incorporation of Insurance Company for Micro Business Only
Section 64: Provisions Concerning Withdrawal of Amount and Operation of Accounts
Section 72: Records to be maintained
Section 3: Establishment of the Authority
Section 36: Paid Up Capital of the Insurer
Section 98: Ministry to conduct Inspection and Monitoring
Section 18: Inquiry and Institution of Case
Section 101: Procedures for Pecuniary Penalty and Punishment
Section 33: Can open a liaison office
Section 159: To forward the matter to the body having jurisdiction
Section 80: Reinsurance Required
Section 24: Investigation and Filing of Cases
Section 77: Direction to stop the work
Section 147: Compulsory retirement
Section 119: Power of The Authority to Initiate the liquidation Process
Section 76: Saving
Section 136: Authority imposing punishment
Section 10: Goods or Services May be Returned
Section 37: Functions, Duties and Powers of Preliminary General Meeting
Section 81: To engage in easier work
Section 115: The Authority may give directions to merge or to be amalgamated
Section 63: Insurance Policy
Section 7: Not to avail or provide loans in an unauthorised manner
Section 5: Prohibition on employment of children
Section 10: Coordination with Public Bodies
Section 90: Work should not be done without a license
Section 2: Definition
Section 89: Provisions relating to seasonal enterprises
Section 129: To refer for investigation
Section 74: To form safety and health committee
Section 145: Departmental actions may be taken
Section 46: Birth registration certificate to be submitted
Chapter-2 Establishment of Authority and Its Functions, Duties and Power
Section 1: Short Title, Extension and Commencement
Section 18: Liability Relating to Transportation
Section 58: Labours may be employed through supplier
Section 89: Recommending Action
Section 10: Formation of Federation of National Cooperatives
Section 127: Remuneration for strike or lock-out period
Section 36: No Impediment to Prosecuting Cases in Accordance with Prevailing Law
Section 19: Proceedings may be initiated by detaining into the custody
Section 108: Internal management may be made
Section 49: Functions, duties and powers of Accounts Supervision Committee
Section 31: Refusal for Prior Approval and License
Section 150: To issue the certificate of experience
Section 35: May Grant Exemptions, Facilities, or Concessions
Section 46: Not to be involved in the decision-making process having conflict of personal interest
Section 16: Trainees may be engaged in work
Section 164: The Government of Nepal may Issue Directives
Section 86D: Effect of the Control of the Bank on any Commercial Bank or Financial Institution
Section 149: Labours to get first priority
Section 110: Recommendation for Improving Financial Condition of the Insurer
Section 1: Short title and commencement
Section 56: Management of Insurance Company
Section 155: Power to demand bank guarantee or deposit
Section 63: Blocklisting and Exclusion from the Blocklist
Section 4: Formation of District Sectoral Cooperative Association
Section 36: Employees of the Bank
Section 54: Functions of Cooperative Bank
Section 69: Banker, Advisor and Financial Agent
Preamble
Section 4: Establishment of An Electronic Platform
Section 29: Coordination Required
Section 86C: Bank to Take Action Against Problematic Commercial Bank or Financial Institution
Section 38: Measures to Implement the Act
Section 3: License to be Obtained to Carry on Foreign Exchange Transaction
Section 164: Decision may be made by the Labour Court
Section 38: Functions, Duties and Powers of Annual General Meeting
Section 79: To give information
Section 38: Insurance Fund
Section 37: Entitlement to festival expense
Section 33: Management Committee
Section 51: Procurement Proceeding to be Withheld
Section 28: Application to be made
Section 101: Insurer Deemed to be Problematic
Section 114: Remedial Actions may be taken
Section 21: Transaction, Business, Industries, or Project may be operated
Section 102: Filing Appeals
Section 121: Provisions concerning Employees of Management Committee
Section 88C: Function, Duty and Power of Special Administration Team
Section 56: Provisions on Exchange of Currency
Section 103: ………………….
Section 86G: Can be Subject of Resolution
Section 106: Actions not to be Invalid
Section 41: Claim Payable Fund and Reserve Fund
Section 81: Credit Information Centre
Section 86: Appointment of Auditor of Insurer
Section 14: Continuity of existence of the employment relationship despite change in ownership
Section 51: Discontinue to hold the office of Director
Section 90: Provisions relating to enterprise which is incorporated in foreign country and operates business in Nepal
Section 88N: Exchange of Reciprocal Assistance
Section 15: To be Registered
Section 40: Directives may be given to call an Extraordinary General Meeting
Section 112: Notice to be given for submission of liabilities
Section 20: Fund of the Insurance Authority
Section 12: Power of Bank to Give Direction, Frame By-Law or Issue Order or Notice
Section 23: Punishment
Section 4: Procedure for Carrying on Foreign Exchange Transactions
Section 171: Special provisions relating to managers and managerial level labours
Section 86F: Power of the Bank for Corrective Action
Section 15: Non-abuse of regulatory opportunity
Section 3: Formation of Organisation
Section 26: Remuneration may be repatriated in convertible foreign currency
Section 29: Granting License
Section 8: Formation of Central Sectoral Cooperative Association
Section 18: Working Area of Cooperative Organisation
Section 93: Submission of Report to Government of Nepal
Section 45: Operation of Open Market Transaction
Section 50: Computation of year
Section 62: Conduct to Bidder or Proponent
Section 73: Details to be made available
Section 91: To observe fair labour practice
Section169: Enact and Enforce Regulations
Section 84: Provisions relating to tea-estate labours
Section 135: Special Provisions concerning operation of Association
Section 11E: Power to Arrest
Section 87: Special provisions relating to tourism labours
Section 107: No Responsibility for Acts Done in Good Faith
Section 11: Prohibition on employment without entering into employment contract
Section 157: Case may be compromised
Section 28: Right to File a Complaint
Section 165: Provide Expert Services
Section 172: Repeal and Saving
Section 28: Working hours
Section 152: Majority decision to prevail
Section 13: No Operation of Cooperative Organisation without Registration
Section 41: Public leave
Section 91: Annual Report
Section 23: Examination of Bids
Section 146: Recovery to be made as government due
Foreign Exchange (Regulation) Act 2019
Section 141: Provisions concerning tax
Section 88K: Actions Prior to the Commencement of the Action Relating to Resolution to be Inactive
Section 5: Function, Duties and Powers of the Bank
Section 122: Insolvency of the Branch Office of Foreign Insurance Company Situated in Nepal
Section 25: ……………………………
Section 65: Functions, Duties and Powers of Public Procurement Monitoring Office
Section 4:
Section 111: Other Provisions Regarding Special Management of The Insurer
Section 32: Fixation of working hours
Preamble
Section 55: Prohibition on Disbursing Credit
Section 139: Procedures of Taking Actions
Section 65: Dealing in Foreign Exchanges
Section 60: Currency Recall or Withdrawal
Section 105: Official to be Suspended
Section 28: To be governed as per the prevailing laws
Section 68: Formulation of safety and health Policy
Section 14: Not to Carry Out and Cause to Carry Out Irregular Economic and Financial Transactions
Section 93: Provisions relating to Office and inspectors
Section 11: No Association may be Formed
Section 70: Consultation and Information Relating to External Debt
Section 89: Fiscal Year
Section 6: Disclosure of Details
Section 6: Prohibition on discrimination
Section 26: Rejection of Bids or Cancellation of Procurement Proceedings
Section 31: Pursuant to the Consumer Protection Act
Section 29: Amendment to Bylaws and Internal Procedures
Section 119: Cooperative may be sought
Section 14: Application to be Submitted for Registration
Section 31: Application to be submitted to acquire membership
Section 71: Duties of the responsible person
Section 18B: Certification of Copy of Document Related to Foreign Exchange
Section 19: Working Area of Association and Cooperative Bank
Section 34: Termination of membership
Section 107: Minimum remuneration fixation committee
Section 10: Qualification of Bidder or Proponent
Section 178: Transitional provisions
Section 18: Method of Submission of Bids
Section 34: Cancellation of License
Section 65: To make inspection, supervision and monitoring
Section 44: Allotment of Shares
Section 38: Procurement Contract to be Concluded
Section 153: Powers of Labour Court
Section 26: Functions of National Cooperatives Federation
Section 154: Proceeding against contempt of court
Section 16: Appointment of the Deputy Governor
Section 20: Classification may be made on Sectoral Basis
Section 166: Issue Orders and Directives
Section 24: Existing Licenses
Section 93: Responsibilities of Insurance Intermediaries
Section 61: Conduct of the Official Involved in Public Procurement Proceedings
Section 54: Measurement, Weights and Size of Coins
Section 88L: Other Provisions Relating to Resolution
Section 112: Performance evaluation of labours by enterprise
Section 27: To be considered ineligible
Section 88: Establishment of Credit Information Centre
Section 20: Not to restrain from working elsewhere
Section 35: Payment of remuneration
Nepal Rastra Bank Act, 2058
Section 36: Entitlement to annual increment in remuneration (grade)
Section 63: Provisions concerning sale and withdrawal of shares
Section 88M: Final Description of the Work Relating to Resolution to be Submitted
Section 150A: Instructions On Prevention of Money Laundering Must Be Followed
Section 125: Picketing or assembly may be made
Section 142: Don’t work in the Insurance Business
Section 20: No Exemption from Liability
Section 37: Negotiations with the Proponent
Section 116: Insurer Many Acquire Another Insurer
Section 100: Regulation Fee
Section 42: Assets to be maintained more than liabilities
Section 106B: Expert Service to be Provided
Section 11G: Prohibition on Divulgence of Secrecy
Section 111: Authority to be suspended ipso facto
Section 104: Office of member of the Council to be vacant
Section 3: Not to open an account or demand cash payment in an unauthorised manner
Section 152: Complaint Hearing
Section 145: Retrenchment may be made
Section 167: Power of the Office to have execution of decisions
Section 66: Liability of labours to rest on the main employer
Section 17: Deadline for Submission of Bids or Pre-Qualification Proposals
Section 69: Secured Capital Redemption Fund
Section 13: Functions Duties and Powers of the Chairperson
Section 167: Pursuant to this Act
Section 168: Power to Frame Rules
Section 97: Government of Nepal to be Plaintiff
Section 107: Preparation of New Financial Statements
Section 80: Provisions concerning Blacklist
Section 20: Qualifications of the Directors
Section 62: Liquid Assets to be maintained
Section 180: This Act not to apply
Section 67: Prohibition on collecting fee from labour
Section 7: Formation of Provincial Cooperative Association
Section 7: Responsibility Towards Procurement Activities
Section 152: Repeal and Saving
Section 120: Appointment of a Liquidator
Section 66: Foreign Exchange Reserve
Section 154: Formation of Expert Groups
Section 16: Punishment to the Persons Creating Hindrance
Section 6: Formation of Provincial Sectoral Cooperative Association
Section 17: Punishment
Section 21: Provisions relating to social security
Section 10C: Provisions Relating to Repatriation, Investment of, and Transfer of Right in Foreign Exchange
Section 86: Provisions relating to transport labours
Section 149: No Obstruction for Punishment
Section 52: Limit of Personal Saving
Section 171: Act Implementation Measurement
Section 20: Cooperation to be extended
Section 62: Insurance Contract
Section 4: Objectives of the Bank
Section 88: Right to give order with respect to Audit of Insurer
Section 23: Constitution, Functions and Duties of Inquiry Committee
Section 158: Not being held accountable for actions done with good intentions
Section 72: Accepting risk based on the property itself
Section 88D: Power to be Automatically Suspended During the Period of Resolution
Section 15: International Level Bidding
Section 130: Insurance Mediation
Section 88B: Provision Relating to the Formation of the Special Administration
Section 76: To stop work in the case of immediate danger
Section 86I: Right to Appeal Against the Order of the Bank
Section 12A: Not to make any Fraudulent Activities to Bank and Financial Institutions and Cooperatives
Section 48: Review Committee
Section 34: Deemed to Have Been Done by the Entrepreneur Himself
Section 105A: State Government may constitute a State Labour Advisory Council
Section 53: Measurement, Weights and Size of Coins
Section 112: Final Report to be Submitted
Section 56: No Distribution of Dividend
Section 39: Capital of the Bank
Section 148: Payment of benefits
Section 14: Inspection
Section 52: Power to Issue Banknotes and Coins
Section 122: Arbitral award and collective agreement to be binding
Section 51: Reference interest rate may be determined
Section 88G: Recommendation May be Made for Improving the Financial Condition of the Commercial Bank or Financial Institution
Section 46: Compulsory Deposit of Commercial Banks and Financial Institutions
Section 22: Restriction on employment of foreigners
Section 45: Prospectus and Issue of Shares
Section 137: Social Audits may cause to be conducted
Section 27: Acceptance of Bid and Procurement Contract
Section 16: Permission of the Bank to be Obtained to Open an Account
Section 19: Remuneration and Other Benefits to the Directors
Section 30: Short List to be Prepared by Soliciting Expression of Interest Openly
Section 84: To be sent for freezing
Section 104: Organisation or Association may be declared problematic
Section 15: Power of the Government of Nepal to Give Directives
Section 6: Power of Government of Nepal to Obtain Foreign Exchange
Section 43: Provision Relating to Renting House and Land and Obtaining Service on Contract
Section 83: Accounts to be maintained accurately
Section 27: Power to Refuse Prior Approval
Section 72: Records of Procurement Proceedings
Section 17: Time and limitation for the Lodgement of First Information Report
Section 80: Arrangements for control of infectious diseases to be made
Section 10B: Provisions Relating to Lending and Borrowing of Loans in Foreign Exchange
Section 40: Catastrophic Fund
Section 144: Punishment for those who oppose obstacles
Section 67: Find of a Cooperative Organisation
Section 54: Variation Order
Section 140: Inter-government transactions may be carried out
Section 86: …………………
Section 52: Meetings of Board of Directors
Section 41: Provision for Direct Procurement
Section 21: Accounting of Income and Expenditure
Section 87: Provisions concerning Amalgamation and Division
Section 13: Prohibition of Sale and Distribution
Section 147: Prevailing law relating to companies not to apply
Electronic Commerce (E-Commerce) Act 2081
Section 156: Power to order payment of interest
Section 19: Prohibition of Engaging in Improper Commercial or Business Activities
Section 11: Not to stop credit facility in the way to loss working project of borrower
Section 100: Labour audit to be made
Section 78: Exemptions, Facilities and Discounts
Section 155: Insurance Information Centre
Section 14: Formation of the Board
Section 144: Notice to be given
Section 44: Monetary Policy
Section 49: Application May be Filed Before the Review Committee
Section 9: Payment of Price of the Exported Goods
Section 71: Deposit Collection
Section 3: Electronic Trading May be Carried Out
Section 20: Reward to be Provision of Information
Section75: Saving from action
Section 97: Special Provisions concerning Inspection and Monitoring of Organisation or Association carrying out transactions of savings and credits
Section 94: Report on Monetary Policy
Section 98: Bank to Provide Information
Section 67: Procurement process under this Act not to be applied
Section 4B: Payment for Sale of Goods or Provision of Services to a Foreigner
Section 79: Micro-Insurance Regulation Fees
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