Section 24: Existing Licenses

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Unless and until otherwise ordered by the Bank, the licenses issued under the Foreign Exchange Conversion Control Act, 2017 shall, except as cancelled earlier, be deemed to have been issued under Section 3 of this Act on such terms and for such period as specified in those licenses.

Tagged:
Foreign Exchange (Regulation) Act 2019
nepal law

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Section 8: Right relating to trade union
Section 13: Bidding Documents to be Prepared
Section 100: Labour audit to be made
Section 65: Loans or Grants may be obtained
Section 112: Performance evaluation of labours by enterprise
Chapter-2 Establishment of Authority and Its Functions, Duties and Power
Section 12: Pre-Qualification to be Determined
Section 30: Criteria to be Followed
Section 11C: Power to Stop and Search Motor Vehicle
Section 10A: Regulation of Investment Abroad
Section 166: Issue Orders and Directives
Section 28: Internal Procedures may be framed
Section 35: Function, Duties and Powers of the Audit Committee
Section 87: Establishment of Information Network
Section 45: Directors may be removed from Office
Section 16: Appointment of the Deputy Governor
Section 151: Insurance Development Fund
Section 7: Formation of Provincial Cooperative Association
Section 120: Appointment of a Liquidator
Section 31: Additional remuneration to be paid
Section 19: Withdrawal and Modification of Bid
Section 138: Punishment may be remitted
Section 88D: Power to be Automatically Suspended During the Period of Resolution
Section 148: Request for Details
Section 50: Disqualifications of Directors
Section 22: Audit
Section 73: Delegation of Power
Section 148: No Hindrance to take actions according to prevailing laws
Section 35: Evaluation of Financial Proposals
Section 126: Employment contract not to be violated
Section 38: Measures to Implement the Act
Section 10B: Provisions Relating to Lending and Borrowing of Loans in Foreign Exchange
Section 14: Application to be Submitted for Registration
Section 171: Special provisions relating to managers and managerial level labours
Section 14: Formation of the Board
Section 139: Procedures of Taking Actions
Section 52: Procurement Contract and Terms and Conditions Thereof
Section 52: Power to Issue Banknotes and Coins
Section 7: Responsibility Towards Procurement Activities
Section 21: Action not be initiated on the ground of breach of secrecy
Section 72: Records to be maintained
Section 56: Management of Insurance Company
Section 71: Allocation of Savings
Section 106A: Not to Work in Commercial Bank or Financial Institution
Section 6: Procurement Plan to be Prepared
Section 5: Prohibition on employment of children
Section 10: Qualification of Bidder or Proponent
Section 40: Provision Relating to Sealed Quotation
Section 90: Provisions relating to enterprise which is incorporated in foreign country and operates business in Nepal
Section 66: Foreign Exchange Reserve
Section 124: Payment of Re-insurance Claim
Section 109: Transfer may be made
Section 150: Special provisions relating to regulation, monitoring and supervision
Section 16: Registration may be Denied
Section 162: Right to make complaint
Section 17: Punishment
Section 21: Transaction, Business, Industries, or Project may be operated
Section 173: Increment of insurance amount
Section 32: Prohibition on Vested Personal Interest
Section 141: Employment may be terminated voluntarily
Section 38: Procurement Contract to be Concluded
Section 63: Payment of remuneration and other benefits
Section 82: Special provisions relating to treatment of occupational disease
Section 64: Provisions Concerning Withdrawal of Amount and Operation of Accounts
Section 85: Preference to be accorded
Section 10: Goods or Services May be Returned
Section 76: Appointment of an Auditor
Section 1: Short Title, Extension and Commencement
Section 8: Formation of Central Sectoral Cooperative Association
Section 7: Duty of Persons Who Have Source to Obtain Foreign Exchange
Section 50: Transaction of Savings and Credits to be made concentrating on Member
Section 122: Arbitral award and collective agreement to be binding
Section 89: Provisions relating to seasonal enterprises
Section 97: To render necessary assistance
Section 18: Working Area of Cooperative Organisation
Section 149: Labours to get first priority
Section 61: Reproduction and Counterfeiting of Currency
Section 43: Restriction on Distribution of Dividend
Section 55: Accidental insurance to be made
Section 59: License to be obtained
Section 113: Submission of individual claims
Section 43: Functions, duties and powers of Board
Section 51: Monetary Unit
Section 42: Assets to be maintained more than liabilities
Section 169: Procedure relating to service of notice
Section 49: Accumulation of leave
Section 107: No Responsibility for Acts Done in Good Faith
Section 44: Directors not to continue to hold the office
Section 3A: Power of Bank to Take Action
Section 48: Formation of Accounts Supervision Committee
Section 30: Membership of Organisation
Section 122: Insolvency of the Branch Office of Foreign Insurance Company Situated in Nepal
Section 99: Power of the Office to give direction
Section 170: Fixation of basic remuneration
Section 73: Duties of labour
Section 54: Variation Order
Section 98: Ministry to conduct Inspection and Monitoring
Section 82: Provisions related to re-insurance contracts
Section 98: Report to be submitted
Section 104: Organisation or Association may be declared problematic
Section 62: Insurance Contract
Section 115: Management Committee may write to take action
Section 11B: To Search for Suspicious Person
Section 115: The Authority may give directions to merge or to be amalgamated
Section 83: Dues to recover
Section 174: Delegation of authority
Section 18: Tenure of Office of the Director
Section 24: Objective of Organisation or Association
Section 7: Functions not to be Carried out by the Bank
Section 117: To hold negotiations on collective claims, demands
Section 147: Authority to Hear Case and Execution of The Decision
Section 41: Board of Directors
Section 11A: Designation of Investigating Officer
Section 113: Insurance Business May Be Transferred
Section 32: Restriction on membership
Section 108: Provisions After the Achievement of Improvement in Condition of the Insurer
Section 56: No Distribution of Dividend
Section 97: Government of Nepal to be Plaintiff
Section 35: Payment of remuneration
Section 135: Authority May Give Direction to Withold Payment of Insurance or Revoke the Insurance Policy
Section 151: Standards, Directives or Procedures may be framed and submit
Section 78: License to be Obtained from Bank
Section 40: Catastrophic Fund
Section 31: Refusal for Prior Approval and License
Section 152: Complaint Hearing
Section 61A: Departmental Action to be Taken
Section 63: Management of Foreign Exchange
Section 104: Collection of Data
Section 21: Accounting of Income and Expenditure
Section 9: Formation of Specialised Cooperative Association
Section 7: Prohibition on discrimination in remuneration for equal work
Section 18: Method of Submission of Bids
Section 80: Banking and Financial System and Credit Control
Section 60: Public Notice of Procurement Contract
Section 71: Provisions concerning Other Funds
Section 37: May order capital reduction
Section 163: Power of the Department or Office to decide
Section 160: Delegation of Authority
Section 133: Annual Report Submit
Section 38: Prohibition on deduction of remuneration
Section 58: Books and Accounts
Section 171: Act Implementation Measurement
Section 125: Settlement of Small Amount Claim
Section 147: Prevailing law relating to companies not to apply
Section 6: Disclosure of Details
Section 118: Conditions Relating to Liquidation of Insurer
Section 9: Payment of Price of the Exported Goods
Section 77: Restriction on Rate of Interest
Section 19: Document to be Void
Section 76: Bank’s Approval Required for Accepting Deposits or Giving Credits
Section 36: Rejection of Proposal and Cancellation of Procurement Proceedings
Section 88: Establishment of Credit Information Centre
Section 175: Saving of acts done in good faith
Section 1: Short title and commencement
Section 33: Grievance Management
Section 12: Not to Make Loss by Making Alteration in Account or Ledger or by Committing Forgery or Fraud
Section 56: Provisions on Exchange of Currency
Section 100: Regulation Fee
Section 76: Incorporation of Insurance Company for Micro Business Only
Section 106B: Expert Service to be Provided
Section 53: To receive gratuity
Section 67A: Procurement Proceedings Should Not Be Obstructed
Section 161: Contact with the Government of Nepal
Section 140: Termination of time-based and work-based employment
Section 94: Report on Monetary Policy
Section 77: Ineligibility for Appointing Auditor
Section 59: Account of Issued Currency
Section 65: To make inspection, supervision and monitoring
Section 23: Examination of Bids
Section 13: Provision relating to probation period
Section 4B: Payment for Sale of Goods or Provision of Services to a Foreigner
Section 58: Mechanism for Dispute Settlement
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