Section 102: Mutual Security Services may be conducted

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1) Notwithstanding anything contained in the prevailing Nepal laws, the Organization may, subject to the conditions of the policy approved by the Beema Samiti (Insurance Board), operate mutual Security services with a pre-determined maximum limit and fees to meet a certain portion of loss incurred to crops and livestock of its members according to relevant policies.

2) Provisions relating to minimum standards required for the Organisation to operate mutual security services and other arrangements relating thereto shall be as prescribed.

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Section 102: Mutual Security Services may be conducted

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