Section 106A: Not to Work in Commercial Bank or Financial Institution

*1) The person who has become a Governor must not work in any commercial bank or financial institution by remaining in any status.

2) Deputy Governor and Executive Director of the Bank must not work in any commercial bank or financial institution by remaining in any status until three years from the date of acquittal or retirement from his/her post and the staff of officer level of the Bank must not work until two years from the date of acquittal or retirement from his/her post.

Provided that, after the deadline fixed in this Sub-Section expires, the Deputy Governor, Executive Director or Officer concerned shall have to obtain prior approval of the Bank for the sake of working in any commercial bank or financial institution by remaining in any status.

3) Notwithstanding whatever matter has been written in sub-sections (1) and (2), this provision shall not be applied to the post in which the Government of Nepal makes an appointment.

* Added By the Second Amendment.