Chapter 3 Formation and Functions, Duties and Powers of the Board

Section 17: Appointment of the Directors

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1) The Government of Nepal, the Council of Ministers, shall appoint Directors.

2) The Government of Nepal, through the Council of Ministers, shall, while appointing Directors, appoint them to represent different sectors, each from amongst persons renowned in the economic, monetary, banking, financial, commercial, management, and commercial law sectors.

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Section 17: Appointment of the Directors

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