Section 48: Provisions relating to Nepal business forum

1) The Government of Nepal may form a Nepal business forum including representation of the private sector with the objective of promoting regular dialogues and collaboration between the public and private sectors on matters of effective implementation of policies and laws related to industry business and coordination and facilitation, identifying difficulties, obstructions and problems that may arise in the operation of industry business and promotion of investments and making required suggestions and recommendations to the Government of Nepal, assisting the implementation and monitoring of such recommendations, and providing an institutional basis for regular, result-oriented and transparent dialogue between the public and private sectors.

2) Provisions relating to the formation, structure, functions, duties and powers of the Nepal Business Forum and other provisions shall be as prescribed.