Section 77: Contract to be made

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1) Before the appointment of insurance agents to carry on activities related to micro-insurance, the insurer shall enter into a written contract with such agents.

2) When entering into a written contract with such insurance agents, if such agent is a corporate body established per relevant Acts, the prescribed rights should be delegated to such agents.

Tagged:
insurance act
nepal law

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Section 88F: New Balance Sheet to be Prepared
Section 151: Formation of Labour Court
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Section 3B: Other Provisions Relating to Foreign Exchange Transactions
Section 10B: Provisions Relating to Lending and Borrowing of Loans in Foreign Exchange
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Section 173: Increment of insurance amount
Section 154: Formation of Expert Groups
Section 51: Leave not as a matter of right
Section 11J: To Submit Report
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Section 80: Arrangements for control of infectious diseases to be made
Section 6: Prohibition on discrimination
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Section 64: Insurance Premium
Section 106: Notice of the Work
Section 19: Withdrawal and Modification of Bid
Section 37: May order capital reduction
Section 11E: Power to Arrest
Section 5: Function, Duties and Powers of the Bank
Section 88: Establishment of Credit Information Centre
Section 92: Qualifications of Insurance Mediators
Section 81: Credit Information Centre
Section 145: Departmental actions may be taken
Section 55: Prohibition on Disbursing Credit
Section 26: Rejection of Bids or Cancellation of Procurement Proceedings
Section 7: Duty of Persons Who Have Source to Obtain Foreign Exchange
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Section 70: Cooperative Promotion Fund
Section 100: Punishment for Violation of the Bank’s Regulation
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Section 75: Credit to the Government of Nepal and Purchase of Government Debt Bonds
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Section 166: Issue Orders and Directives
Section 24: Investigation and Filing of Cases
Section 21: Bid Security
Section 92: Registrar
Section 133: Annual Report Submit
Section 55: Issuance of Currency and Security
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Section 87: Establishment of Information Network
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Section 119: Settlement of dispute through arbitration
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Section 154: Proceeding against contempt of court
Section 105: Official to be Suspended
Section 87: Audit of Insurer
Section 99: Fine for Violation of the Bank’s Regulation
Section 77: Restriction on Rate of Interest
Section 20: Classification may be made on Sectoral Basis
Section 144: Encouragement may be given
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Section 95: Inspection and Checking of Accounts
Section 3: Not to open an account or demand cash payment in an unauthorised manner
Section 159: Submission of Report to Government of Nepal
Section 21: Claim or Complaint Not to Lie
Section 56: Provision Concerning Extension of Contract Period
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Section 13: Operation of Accounts
Section 61: Reproduction and Counterfeiting of Currency
Section 10: Goods or Services May be Returned
Section 1: Short title and commencement
Section 34: Audit Committee
Section 120: Power to form labour arbitration tribunal
Section 23: Constitution, Functions and Duties of Inquiry Committee
Section 14: Continuity of existence of the employment relationship despite change in ownership
Section 112: Notice to be given for submission of liabilities
Section 44: Directors not to continue to hold the office
Section 50: Disqualifications of Directors
Section 35: List to be Published
Section 8: Not to misuse credit
Section 6A: Preparation of Exiting List
Section 135: Authority May Give Direction to Withold Payment of Insurance or Revoke the Insurance Policy
Section 36: Employees of the Bank
Section 110: Recommendation for Improving Financial Condition of the Insurer
Section 54: Variation Order
Section 20: Validity Period of Bid
Section 102: Mutual Security Services may be conducted
Section 52: Power to Issue Banknotes and Coins
Section 13: Prohibition of Sale and Distribution
Section 26: Summary Procedure to be Adopted
Section 18: Government to be the plaintiff
Section 88H: Bridge Institution or Unit May be Established
Section 18B: Certification of Copy of Document Related to Foreign Exchange
Section 18: Method of Submission of Bids
Section 32: Restriction on membership
Section 61: Type of Insurance Business
Section 85: Preference to be accorded
Section 31: Pursuant to the Consumer Protection Act
Section 24: Objective of Organisation or Association
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Section 118: Terms and conditions of services of chairperson and members of Management Committee
Section 55: Accidental insurance to be made
Section 62: Foreign Exchange Policy
Section 26: Prior approval required
Section 52: Meetings of Board of Directors
Section 136: Authority imposing punishment
Section 5: Prohibition on employment of children
Section 137: Period for taking decision
Section 116: Recommendation may be made
Section 25: Government of Nepal to be the plaintiff
Bonus Act 2030
Section 52: Procurement Contract and Terms and Conditions Thereof
Section 5A: Approval to be Made
Section 39: Remuneration for reserve period
Section 115: Decision to be made by the Office
Section 133: Provisions relating to misconduct may be made in the bye-law
Section 130: Government of Nepal to be a plaintiff
Section 166: Decisions to be executed
Section 104: Organisation or Association may be declared problematic
Section 25: Public Notification of Governor’s Appointment
Section 22: Fines to be Imposed
Section 40: Computation of net profit and loss
Section 73: Bank may ask for Particulars, Statistics and Documents
Section 35: Payment of remuneration
Section 147: Authority to Hear Case and Execution of The Decision
Section 158: High Court to perform functions of Labour Court
Section 32: Can open a branch office
Section 28: Right to File a Complaint
Section 136: Suspension of License or Ban of Insurance Business
Section 9: Tenure of Chairperson and Members
Section 40: Provision Relating to Sealed Quotation
Nepal Rastra Bank Act, 2058
Section 100: Labour audit to be made
Section 131: Operation and Management of Insurance in Province
Section 36: Paid Up Capital of the Insurer
Section 48: Mourning leave
Section 22: Restriction on employment of foreigners
Section 50: Discount Rate and Rate of Interest for Refinance
Section 132: Prohibition of sexual harassment
Section 28: Two-Stage Bidding
Section 115: The Authority may give directions to merge or to be amalgamated
Section 72: Accepting risk based on the property itself
Section 107: No Responsibility for Acts Done in Good Faith
Section 19: Document to be Void
Section 23: Foreign citizen to obtain work permit to work in Nepal
Section 65: Dealing in Foreign Exchanges
Section 111: Formation of labour relation committee
Section 84: Preparation of Financial Statements
Section 4: Procedure for Carrying on Foreign Exchange Transactions
Section 146: Government of Nepal to be Plaintiff
Section 51: Discontinue to hold the office of Director
Section 24: Resignation by Director
Section 62: Revocation, suspension of license or fine
Section 30: Criteria to be Followed
Section 126: Apparent loss or damage
Section 86: Appointment of Auditor of Insurer
Section 3: Establishment of the Authority
Section 95: Powers, functions and duties of inspector
Section 157: Case may be compromised
Section 74: Consultation on the Matter of Law Reform
Section 152: Repeal and Saving
Section 1: Short title and commencement
Section 25: Language of the contract
Section 19: Working Area of Association and Cooperative Bank
Section 132: Details to be Provided
Section 12: Not to Make Loss by Making Alteration in Account or Ledger or by Committing Forgery or Fraud
Section 67: Issuance of Debt Bond Against Gold and Foreign Currency
Section 127: Remuneration for strike or lock-out period
Section 17: Cooperative Organisation to be a Corporate Entity
Section 66: Provision Concerning Procurement to be Made in Special Circumstances
Section 38: Measures to Implement the Act
Section 1: Short Title and Commencement
Section 21: Transaction, Business, Industries, or Project may be operated
Section 7: Functions not to be Carried out by the Bank
Chapter-2 Establishment of Authority and Its Functions, Duties and Power
Section 124: Payment of Re-insurance Claim
Section 88C: Function, Duty and Power of Special Administration Team
Section 50: Method of Review
Section 2: Definitions
Section 133: Appeal may be filed
Section 78: Claim of Micro-Insurance
Preamble
Section 148: No Hindrance to take actions according to prevailing laws
Section 107: Preparation of New Financial Statements
Section 22: Opening of Bids
Section 37: Professional Code of Conduct and Official Responsibility
Section 89: Fiscal Year
Section 171: Special provisions relating to managers and managerial level labours
Section 20: No Exemption from Liability
Section 68: Formulation of safety and health Policy
Section 7: Not to avail or provide loans in an unauthorised manner
Section 51: Monetary Unit
Section 8: Qualification and Disqualification of Chairperson and Member
Section 88: Right to give order with respect to Audit of Insurer
Section 39: Compulsory Reserve Fund
Section 61: Confidentiality to be maintained
Section 81: Credit to Prescribed Sectors
Section 64: Particulars of Foreign Exchange Transactions
Section 37: Negotiations with the Proponent
Section 160: Procedures of the cases
Section 66: Liability of labours to rest on the main employer
Section 45: Maternity leave
Section 146: Recovery to be made as government due
Section 57: Appointment of the Executive Director
Section 27: Bylaws to be framed
Section 110: To be deputed as representative
Section 14: Inspection
Section 49: Qualifications of Directors
Section 86: …………………
Section 21: Action not be initiated on the ground of breach of secrecy
Section 35: May Grant Exemptions, Facilities, or Concessions
Section 9: Not to misuse banking resources, means and assets
Section 20: Qualifications of the Directors
Section 56: Management of Insurance Company
Preamble
Section 12: Pre-Qualification to be Determined
Section 33: May become members
Section 65: To make inspection, supervision and monitoring
Section 108: Provisions concerning Payment of Liabilities
Section 27: Acting Governor
Section 105A: State Government may constitute a State Labour Advisory Council
Section 44: Construction Works May be Caused to be Carried Out by the Users Committee or Beneficiary Community
Section 41: Allocation of net profit
Section 183: Repeal and saving
Section 1: Short Title, Extension and Commencement
Section 120: Expert Service may be sought
Section 11: International Cooperation and Relationship
Section 15: Non-abuse of regulatory opportunity
Section 151: Insurance Development Fund
Section 111: Other Provisions Regarding Special Management of The Insurer
Section 82: Provisions related to re-insurance contracts
Section 106A: Not to Work in Commercial Bank or Financial Institution
Section 143: Settlement of Disputes
Section 69: Secured Capital Redemption Fund
Section 84: Provisions relating to tea-estate labours
Section 29: Not to compel to work overtime
Section 34: Opening of Financial Proposal
Section 136: Exercise of Voting Right
Section 101: Insurer Deemed to be Problematic
Section 4: Establishment of An Electronic Platform
Section 71: Evaluation Committee to be Formed
Section 86G: Can be Subject of Resolution
Section 1: Short Title and Commencement
Section 88A: Power of the Bank to Carry Out Work of Resolution
Section 101: Procedures for Pecuniary Penalty and Punishment
Section 14B: Not to carry out banking transactions in an illegal manner
Section 129: To refer for investigation
Section 122: Offences deemed to be committed
Section 131: Authority to adjudicate a case
Section 74: Power to Make Rules
Section 8: Formation of Central Sectoral Cooperative Association
Section 38: Confidentiality
Section 150: Special provisions relating to regulation, monitoring and supervision
Section 25: Adjudication proceedings and disposal of the case not be affected
Section 17: Provisions relating to labour to be applicable
Section 83: Accounts to be maintained accurately
Section 83: Dues to recover
Section 53: Measurement, Weights and Size of Coins
Section 7: Formation of Provincial Cooperative Association
Section 59: License to be obtained
Section 67: Find of a Cooperative Organisation
Section 70: Legal Documents to be Kept on Website
Section 31: Additional remuneration to be paid
Section 72: Duties of manufacturers, importers and suppliers
Section 86B: Commercial Bank and Financial Institution Deemed to be Problematic
Section 39: Capital of the Bank
Foreign Exchange (Regulation) Act 2019
Section 120: Appointment of a Liquidator
Section 161: Contact with the Government of Nepal
Section 101: Making application in convenient Office
Section 135: Opportunity to be given to submit clarification
Section 22: Liabilities to be limited
Section 88I: Sequence of Priority of Payment
Section 143: Special Provision Related with The Insured
Section 121: Provisions concerning Employees of Management Committee
Section 170: Fixation of basic remuneration
Section 73: Delegation of Power
Section 139: Procedures of Taking Actions
Section 75: Micro Insurance is Required
Section 76: Appointment of an Auditor
Section 129: Collective bargaining or agreement to be made in good faith
Section 79: Micro-Insurance Regulation Fees
Section 113: Insurance Business May Be Transferred
Section 13: Provision relating to probation period
Section 85: Exchange of Mutual Cooperation
Section 61A: Departmental Action to be Taken
Section 9: Payment of Price of the Exported Goods
Section 6: Prior Right of the Bank
Section 104: Collection of Data
Section 106: Fixation of minimum remuneration
Section 92: Auditing
Section 42: Allocation of net loss
Preamble
Section 3A: Power of Bank to Take Action
Section 30: Functions, Duties and Powers of the Governor
Section 45: Works May be Done or Cause to be Done by Force Account
Section 123: Special provisions relating to the submission of collective claims, demands
Section 90: Account System
Section 76: To stop work in the case of immediate danger
Section 74: To form safety and health committee
Section 9: Relation between the Government of Nepal and the Bank
Section 153: Powers of Labour Court
Section 15: Appointment of the Governor
Section 107: Inventory to be prepared
Section 85: Special provisions relating to construction labours
Section 73: Investment in Subsidiary Company
Section 140: Termination of time-based and work-based employment
Section 31: Refusal for Prior Approval and License
Section 12: Power of Bank to Give Direction, Frame By-Law or Issue Order or Notice
Section 4: Prohibition on employing in forced labour
Section 46: Compulsory Deposit of Commercial Banks and Financial Institutions
Section 67: Procurement process under this Act not to be applied
Section 93: Provisions relating to Office and inspectors
Section 73: Details to be made available
Section 13: Prohibition on Entering into Contract in Contravention of the Objective of This Act
Section 55: Price Adjustment in Procurement Contract
Section 88L: Other Provisions Relating to Resolution
Section 5: Cost Estimate to be Prepared
Section 39: Meeting General Meeting
Section 98: To Regulate, Inspect and Monitor
Section 141: Provisions concerning tax
Section 61: Conduct of the Official Involved in Public Procurement Proceedings
Section 149: No Obstruction for Punishment
Section 49: Accumulation of leave
Section 10: Restriction on Export and Transmission of Securities
Section 150: Insured Insurance Protections Fund
Section 105: Formation of Management Committee
Section 16: Punishment to the Persons Creating Hindrance
Section 59: Termination of Procurement Contract and Remedy Therefor
Section 98: Report to be submitted
Section 3: To remain as minimum standards
Preamble
Section 52: Limit of Personal Saving
Section 114: Remedial Actions may be taken
Section 53: To receive gratuity
Section 63: Provisions concerning sale and withdrawal of shares
Section 117: Report to be submitted
Section 95: Acts Deemed to be Offences Under this Act
Section 145: Limitation for Complaint
Section 100: Regulation Fee
Section 160: Delegation of Authority
Section 4: Description of Goods, Construction Works and Services to be Prepared
Section 16: Meeting of the Board
Section 36: No Impediment to Prosecuting Cases in Accordance with Prevailing Law
Section 99: Foreign Insurance Company shall inform to the Authority
Section 74B: Right to Remove Obstacles
Section 12A: Not to make any Fraudulent Activities to Bank and Financial Institutions and Cooperatives
Section 32: Prohibition on Vested Personal Interest
Section 1: Short Title, Commencement, and Extension
Section 43: Annual Budget
Section 59: Technical or Management Service Agreement
Section 3: License to be Obtained to Carry on Foreign Exchange Transaction
Section 70: Duties of employer towards non-labour
Section 14: Formation of the Board
Section 79: Debts to be recovered
Section 13: No Operation of Cooperative Organisation without Registration
Section 2: Definitions
Section 89: Recommending Action
Section 12: Personal Information Must be Kept Confidential
Section 29: Coordination Required
Preamble
Section 164: The Government of Nepal may Issue Directives
Section 34: Termination of membership
Section 11A: Designation of Investigating Officer
Section 124: Punishment
Section 34: Deemed to Have Been Done by the Entrepreneur Himself
Section 174: Delegation of authority
Section 93: Submission of Report to Government of Nepal
Section 162: Right to make complaint
Section 90: Provisions relating to enterprise which is incorporated in foreign country and operates business in Nepal
Section 2: Definitions
Section 24: Issuance of order for creating encumbrances over the assets of a foreign individual
Section 85: Audit Committee of Insurer
Section 10C: Provisions Relating to Repatriation, Investment of, and Transfer of Right in Foreign Exchange
Section 79: Regulatory Powers of the Bank
Section 24: Existing Licenses
Section 182: Powers to frame rules
Section 49: Functions, duties and powers of Accounts Supervision Committee
Section 14: Invitation to Bids
Section 47: Application May be Filed Before the Chief of Public Entity
Section 95: Cancellation of License
Section 92: Deemed to be unfair labour practice
Section 9A: To Receive Payment of Value of Exported Goods
Section 23: Values, norms and principles of cooperative to be complied with
Section 10: Not to acquire assets or open account by borrower who has over dues
Section 101: Cooperative Savings and Credits Security Fund
Section 27: Remuneration, conditions of service, benefits of and other provisions relating to foreign labours
Section 91: To observe fair labour practice
Section 32: Power to Give Directions
Section 56: Provisions on Exchange of Currency
Section 18: Working Area of Cooperative Organisation
Section 29: Regulation may be framed
Section 28: To be governed as per the prevailing laws
Section 21 Deemed to Have Committed an Offense
Section 80: Reinsurance Required
Section 33: Grievance Management
Section 81: To engage in easier work
Section 43: Provision Relating to Renting House and Land and Obtaining Service on Contract
Section 17: Appointment of the Directors
Section 157: Collection of Statistics
Section 77: Direction to stop the work
Section 86: Provisions relating to transport labours
Section 12: Flow of Public Information
Section 69: Activities restricted to be carried on by Insurance Company
Section 163: Power of the Department or Office to decide
Section 48: Discount Operation
Section 40: Directives may be given to call an Extraordinary General Meeting
Section 40: Weekly leave
Section 8: Electronic Commerce Payments
Section 83: Direction may be issued
Section 128: Prohibition on filing of case against loss
Section 97: To render necessary assistance
Section 150A: Instructions On Prevention of Money Laundering Must Be Followed
Section 61: Obligations of labour supplier
Section 149: Power to frame Rules
Section 63: Blocklisting and Exclusion from the Blocklist
Section 168: Power to Frame Rules
Section 142: Employment may be terminated on the ground of incompetence
Section 8: Privileges and Facilities to the Bank
Section 63: Insurance Policy
Section 6: Not to obtain or make payment by way of abuse or unauthorised use of electronic means
Section 11G: Prohibition on Divulgence of Secrecy
Section 1: Short Title, Extension and Commencement
Section 11C: Power to Stop and Search Motor Vehicle
Section 64: Obligations of the main employer
Section 105: Provisions relating to meetings of the Council
Section 109: Transfer may be made
Section 36: Entitlement to annual increment in remuneration (grade)
Section 51: Reference interest rate may be determined
Schedule
Section 143: Employment may be terminated on the ground of health
Section 96: Obligations of inspector or employee
Section 93: Functions, duties and powers
Section 4A: Provisions Relating to Foreign Exchange Obtained by Citizens of Nepal
Section 30: Short List to be Prepared by Soliciting Expression of Interest Openly
Section 41: Public leave
Section 132: Statutory Limitation to file a complaint
Section 4B: Payment for Sale of Goods or Provision of Services to a Foreigner
Section 11: Prohibition on employment without entering into employment contract
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