Section 79: Micro-Insurance Regulation Fees

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To obtain regulatory services for micro insurance, every insurer shall pay the Board an amount equal to 0.5 percent of the Gross Premium earned from the Insurance Business in each fiscal year.

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insurance act
nepal law

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Section 78: Special provisions relating to occupational safety and health
Section 170: Implementing Guidelines and Procedures
Section 125: Settlement of Small Amount Claim
Section 12: Vacancy in the office of Chairperson or Member
Section 92: Qualifications of Insurance Mediators
Section 39: Meeting General Meeting
Section 27: Remuneration, conditions of service, benefits of and other provisions relating to foreign labours
Section 13: Functions Duties and Powers of the Chairperson
Section 140: Offence
Section 164: The Government of Nepal may Issue Directives
Section 97: Government of Nepal to be Plaintiff
Section 139: Financial Assistance to be provided
Section 139: Procedures of Taking Actions
Section 59: Technical or Management Service Agreement
Section 68: Reserve Fund
Section 94: Delegation of Authority
Section 129: Complaint Regarding Loss or Damage
Section 76: Appointment of an Auditor
Section 18: Working Area of Cooperative Organisation
Section 14: Application to be Submitted for Registration
Section 94: Report on Monetary Policy
Section 45: Prospectus and Issue of Shares
Section 40: Provision Relating to Sealed Quotation
Foreign Exchange (Regulation) Act 2019
Section 13: Not to Derive Excess, Low or False Valuation or Prepare False Financials
Section 136: Suspension of License or Ban of Insurance Business
Section 39: Other Provision for Consultancy Services
Section 148: Payment of benefits
Section 29: Not to compel to work overtime
Section 53: Amendment to Procurement Contract
Section 118: Settlement through mediation
Section 22: Audit
Section 51: Reference interest rate may be determined
Section 77: Direction to stop the work
Section 9: Payment of Price of the Exported Goods
Section 88A: Power of the Bank to Carry Out Work of Resolution
Section 34: Deemed to Have Been Done by the Entrepreneur Himself
Section 73: Duties of labour
Section 22: Liabilities to be limited
Section 156: Establishment of Insurance Institutions
Section 141: Provisions concerning tax
Section 118: Conditions Relating to Liquidation of Insurer
Section 37: May order capital reduction
Section 53: Measurement, Weights and Size of Coins
Section 61: Reproduction and Counterfeiting of Currency
Section 20: Fund of the Insurance Authority
Section 28: Right to File a Complaint
Section 161: Contact with the Government of Nepal
Section 8: Formation of Central Sectoral Cooperative Association
Section 87: Provisions concerning Amalgamation and Division
Section 101: Cooperative Savings and Credits Security Fund
Section 2: Definitions
Section 9: Transfer of Goods or Services
Section 17: Buyer’s Obligations
Section 64: Insurance Premium
Article 144: Jurisdiction of the High Court
Section 65: To make inspection, supervision and monitoring
Section 10B: Provisions Relating to Lending and Borrowing of Loans in Foreign Exchange
Section 14: Obligations of the Intermediary Practitioner
Section 23: Examination of Bids
Section 151: Insurance Development Fund
Section 181: To frame and implement directives and procedures
Section 32: Power to Give Directions
Section 131: Authority to adjudicate a case
Section 132: Prohibition of sexual harassment
Section 1: Short title and commencement
Section 43: Restriction on Distribution of Dividend
Section 85: Preference to be accorded
Section 50: Disqualifications of Directors
Section 88D: Power to be Automatically Suspended During the Period of Resolution
Section 79: Debts to be recovered
Section 4:
Section 109: This Act to be Applicable
Section 126: To freeze transactions, accounts and assets
Section 23: Values, norms and principles of cooperative to be complied with
Section 64: Particulars of Foreign Exchange Transactions
Section 2: Definition
Section 24: Issuance of order for creating encumbrances over the assets of a foreign individual
Section 104: Functions, Duties and Powers of Special Administration Team
Section 23A: Standards to be Followed
Section 158: Not being held accountable for actions done with good intentions
Section 136: Exercise of Voting Right
Section 6: Power of Government of Nepal to Obtain Foreign Exchange
Section 35: Facilities not to be entitled to
Section 10: Types of employment
Preamble
Section 33: Grievance Management
Section 34: Termination of membership
Section 85: Special provisions relating to construction labours
Section 88L: Other Provisions Relating to Resolution
Section 86: No hindrance to take actions
Section 42: Substitute leave
Section 108: Oath of Office
Section 92: Registrar
Preamble
Section 82: Information to be Furnished to Bank
Section 32: Restriction on membership
Section 72: Duties of manufacturers, importers and suppliers
Section 29: Functions, Duties and Powers of the Board
Section 59: Termination of Procurement Contract and Remedy Therefor
Section 114: Insurer May Merge or be Amalgamated
Section 63: Insurance Policy
Section 154: Formation of Expert Groups
Section 50: Discount Rate and Rate of Interest for Refinance
Section 11F: Power to Hold in Detention
Preamble
Section 16: Appointment of the Deputy Governor
Section 46: Not to be involved in the decision-making process having conflict of personal interest
Section 155: Insurance Information Centre
Section 102: Mutual Security Services may be conducted
Section 168: Power to Frame Rules
Section 154: Proceeding against contempt of court
Section 7: Duty of Persons Who Have Source to Obtain Foreign Exchange
Section 24: Work permit may be issued
Section75: Saving from action
Section 8: Duty of Importers
Section 42: Election of Board
Section 22: Provisions relating to Delivery of Notice
Section 17: Cooperative Organisation to be a Corporate Entity
Section 19A: Special investigation team may be formed
Section 13: Operation of Accounts
Section 101: Making application in convenient Office
Section 11: Not to stop credit facility in the way to loss working project of borrower
Section 54: Medical insurance to be made
Section 160: Procedures of the cases
Section 5: Functions, Duties and Power of the Authority
Section 23: Punishment
Section 61: Obligations of labour supplier
Section 90: Work should not be done without a license
Section 14B: Not to carry out banking transactions in an illegal manner
Section 180: This Act not to apply
Section 109: Authority may be delegated
Section 2: Definitions
Section 7: Formation of Provincial Cooperative Association
Section 21: Claim or Complaint Not to Lie
Section 60: Able to create a whistleblowing policy
Section 36: Employees of the Bank
Section 47: Application May be Filed Before the Chief of Public Entity
Section 94: Renewal of License of Insurance Intermediaries
Section 11: No Association may be Formed
Section 83: Accounts to be maintained accurately
Section 53: To receive gratuity
Section 148: No Hindrance to take actions according to prevailing laws
Section 163: Power of the Department or Office to decide
Section 87: Audit of Insurer
Section 50: Computation of year
Section 69: Duties of employer towards labour
Section 159: Submission of Report to Government of Nepal
Section 1: Short Title, Extension and Commencement
Section 58: Labours may be employed through supplier
Section 115: Decision to be made by the Office
Section 15: International Level Bidding
Section 19: Part-time employment
Section 95: Inspection and Checking of Accounts
Section 60: Public Notice of Procurement Contract
Section 6A: Preparation of Exiting List
Section 43: Annual Budget
Section 94: Powers, functions and duties of the Office
Section 108: Provisions After the Achievement of Improvement in Condition of the Insurer
Section 113: Insurance Business May Be Transferred
Section 59: Account of Issued Currency
Section 26: Summary Procedure to be Adopted
Section 35: List to be Published
Preamble
Section 129: To refer for investigation
Section 105: Trust Accounts
Section 30: Functions, Duties and Powers of the Governor
Section 39: Remuneration for reserve period
Section 150: Insured Insurance Protections Fund
Section 31: Application to be submitted to acquire membership
Section 85: Exchange of Mutual Cooperation
Section 41: Board of Directors
Section 18: Method of Submission of Bids
Section 32: Can open a branch office
Section 172: Repeal and Saving
Section 78: Claim of Micro-Insurance
Section 146: Resumption of operation
Section 103: Stabilisation Fund
Section 25: Public Notification of Governor’s Appointment
Nepal Rastra Bank Act, 2058
Section 152: Repeal and Saving
Section 138: Cooperative Education
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Section 79: Micro-Insurance Regulation Fees

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