Section 33: Nationalisation or Expropriation Not to be Made

Estimated reading: 1 minute 377 views

1) No industry with foreign investment in accordance with this Act shall be nationalised.

2) No industry shall, except for a public purpose, be expropriated directly or indirectly. If it is required to expropriate it for the public purpose, due process referred to in the prevailing law shall be fulfilled.

Share this Law

Section 33: Nationalisation or Expropriation Not to be Made

Or copy link

Discover Nepal's laws effortlessly. Our user-friendly platform simplifies legal understanding and accessibility, serving individuals throughout the country.

Federal Election 2082 Portal – NepalLaws

Access a curated collection of legal resources, election countdowns, and simplified explainers for the upcoming House of Representatives elections.