Foreign Exchange (Regulation) Act 2019

Section 4A: Provisions Relating to Foreign Exchange Obtained by Citizens of Nepal

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1) Provisions relating to the foreign exchange obtained by a citizen of Nepal shall be as specified by the Bank by publishing and broadcasting a public notice.

2) If a citizen of Nepal who has earned foreign exchange or made investment from the foreign exchange during his or her stay in a foreign country intends to keep such a foreign exchange in or make invest from the foreign exchange in, a foreign country even after returning to Nepal, except on the conditions set forth in Section 6, such a citizen of Nepal may keep such a foreign exchange in or make investment thereof in, the foreign country, by giving information thereof to the Bank.

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Section 4A: Provisions Relating to Foreign Exchange Obtained by Citizens of Nepal

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