Section 12: Power of Bank to Give Direction, Frame By-Law or Issue Order or Notice

Foreign Exchange (Regulation) Act 2019

Section 12: Power of Bank to Give Direction, Frame By-Law or Issue Order or Notice

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Without prejudice to any directive given by the Government of Nepal under Section 15, the Bank may, in order to implement the matters set forth in this Act, issue directives, frame By-Laws, or issue orders or notices as required from time to time.

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Foreign Exchange (Regulation) Act 2019
nepal law

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Section 91: Utilisation of Assets after Liquidation
Section 116: Insurer Many Acquire Another Insurer
Section 16: Permission of the Bank to be Obtained to Open an Account
Section 24: Work permit may be issued
Section 67: Issuance of Debt Bond Against Gold and Foreign Currency
Section 27: Remuneration, conditions of service, benefits of and other provisions relating to foreign labours
Section 88C: Function, Duty and Power of Special Administration Team
Section 82: Information to be Furnished to Bank
Section 5A: Approval to be Made
Section 67: Prohibition on collecting fee from labour
Section 127: Remuneration for strike or lock-out period
Section 34: Cancellation of License
Section 128: Prohibition on filing of case against loss
Section 79: To give information
Section 70: Cooperative Promotion Fund
Section 24: Issuance of order for creating encumbrances over the assets of a foreign individual
Section 97: Prohibition to act
Section 90: Account System
Section 51: Leave not as a matter of right
Section 159: To forward the matter to the body having jurisdiction
Section 22: Power to Frame Rules
Section 6: Not to obtain or make payment by way of abuse or unauthorised use of electronic means
Section 150: To issue the certificate of experience
Section 66: Provision Concerning Procurement to be Made in Special Circumstances
Section 122: Insolvency of the Branch Office of Foreign Insurance Company Situated in Nepal
Section 88A: Power of the Bank to Carry Out Work of Resolution
Section 85: Audit Committee of Insurer
Section 43: Home leave
Section 52: Limit of Personal Saving
Section 52: Meetings of Board of Directors
Section 27: Bylaws to be framed
Section 144: Punishment for those who oppose obstacles
Section 143: Settlement of Disputes
Section 44: Allotment of Shares
Schedule
Section 171: Special provisions relating to managers and managerial level labours
Section 65: To make inspection, supervision and monitoring
Section 2: Definitions
Section 151: Insurance Development Fund
Section 64: Provisions Concerning Withdrawal of Amount and Operation of Accounts
Section 85: Exchange of Mutual Cooperation
Section 119: Power of The Authority to Initiate the liquidation Process
Section 172: Repeal and Saving
Section 84: Inspection and Supervision
Section 85: Special provisions relating to construction labours
Section 101: Making application in convenient Office
Section 41: Public leave
Section 55: Delegation of Powers
Section 6: Prior Right of the Bank
Section 74: To form safety and health committee
Section 138: Punishment may be remitted
Section 109: This Act to be Applicable
Section 71: Provisions concerning Other Funds
Section 66: Liability of labours to rest on the main employer
Section 73: Details to be made available
Section 69: Banker, Advisor and Financial Agent
Section 81: Re-Insurance Business
Section 17: Punishment
Section 128: Nepal Rastra Bank may punish
Section 65: Dealing in Foreign Exchanges
Section 19B: Power to request details
Section 72: Duties of manufacturers, importers and suppliers
Section 3B: Other Provisions Relating to Foreign Exchange Transactions
Section 10C: Provisions Relating to Repatriation, Investment of, and Transfer of Right in Foreign Exchange
Section 87: Audit of Insurer
Section 142: Don’t work in the Insurance Business
Section 41: Allocation of net profit
Section 105: Provisions relating to meetings of the Council
Section 88L: Other Provisions Relating to Resolution
Section 52A: Provisions Relating to Advance Payment
Section 146: Resumption of operation
Section 104: Collection of Data
Section 57: Prohibition of Purchase of Goods with Commercial Objectives
Section 72: Records to be maintained
Section 52: Contribution for provident fund
Section 124: Right to lock-outs
Section 18: Working Area of Cooperative Organisation
Section 73: Duties of labour
Section 46: Compulsory Deposit of Commercial Banks and Financial Institutions
Section 79: Regulatory Powers of the Bank
Section 10B: Provisions Relating to Lending and Borrowing of Loans in Foreign Exchange
Section 113: Audit Report to be prepared
Section 61A: Departmental Action to be Taken
Section 163: Power of the Department or Office to decide
Section 71: Allocation of Savings
Section 41: Claim Payable Fund and Reserve Fund
Nepal Rastra Bank Act, 2058
Section 77: Contract to be made
Section 37: Functions, Duties and Powers of Preliminary General Meeting
Section 21: Claim or Complaint Not to Lie
Section 155: Power to demand bank guarantee or deposit
Section 35: Evaluation of Financial Proposals
Section 27: To be considered ineligible
Section 127: Double Fine to be imposed
Section 83: Accounts to be maintained accurately
Section 6: Prohibition on discrimination
Section 9: Formation of Specialised Cooperative Association
Section169: Enact and Enforce Regulations
Section 118: Conditions Relating to Liquidation of Insurer
Section 40: Provision Relating to Sealed Quotation
Section 34: Audit Committee
Section 100: Labour audit to be made
Section 34: Termination of membership
Section 88G: Recommendation May be Made for Improving the Financial Condition of the Commercial Bank or Financial Institution
Schedule
Section 119: Settlement of dispute through arbitration
Section 162: Coordinate with Public Bodies
Section 29: Functions, Duties and Powers of the Board
Section 3: Establishment of the Bank
Section 99: Power of the Office to give direction
Section 75: Micro Insurance is Required
Section 18: Inquiry and Institution of Case
Section 15: To be Registered
Section 12: Vacancy in the office of Chairperson or Member
Section 115: The Authority may give directions to merge or to be amalgamated
Section 6: Procurement Plan to be Prepared
Section 38: Functions, Duties and Powers of Annual General Meeting
Section 18: Engagement in work as trainee labour
Section 24: Resignation by Director
Section 25: Language of the contract
Section 130: Insurance Mediation
Section 14: Invitation to Bids
Section 11A: Designation of Investigating Officer
Section 134: Power of The Authority
Section 8: Formation of Central Sectoral Cooperative Association
Section 29: Regulation may be framed
Section 110: To be deputed as representative
Section 79: Debts to be recovered
Section 25: Adjudication proceedings and disposal of the case not be affected
Section 4:
Section 2: Definitions
Section 120: Power to form labour arbitration tribunal
Section 40: Catastrophic Fund
Section 2: Definitions
Section 133: Appeal may be filed
Section 114: Insurer May Merge or be Amalgamated
Section 123: Settlement of Insurance Claim
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