Section 80: Banking and Financial System and Credit Control

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The Bank may issue directives from time to time to commercial banks and financial institutions on the banking and financial system, currency and credit. It shall be the duty of commercial banks and financial institutions to abide by such directives.

Tagged:
nepal law
nepal rastra bank act

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Section 165: Appeal
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Section 70: Cooperative Promotion Fund
Section 82: Special provisions relating to treatment of occupational disease
Section 2: Definition
Section 15: Non-abuse of regulatory opportunity
Section 3: Formation of Organisation
Section 2: Definitions
Section 50: Disqualifications of Directors
Section 92: Deemed to be unfair labour practice
Section 38: Insurance Fund
Section 147: Prevailing law relating to companies not to apply
Section 129: To refer for investigation
Section 87: Audit of Insurer
Section 29: Amendment to Bylaws and Internal Procedures
Section 58: Books and Accounts
Section 119: Power of The Authority to Initiate the liquidation Process
Section 8: Qualification and Disqualification of Chairperson and Member
Section 147: Compulsory retirement
Section 86: No hindrance to take actions
Section 183: Repeal and saving
Section 69: Activities restricted to be carried on by Insurance Company
Section 111: Authority to be suspended ipso facto
Section 98: Report to be submitted
Section 71: Provisions concerning Other Funds
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Section 64: Provisions Concerning Withdrawal of Amount and Operation of Accounts
Section 132: Statutory Limitation to file a complaint
Section 45: Directors may be removed from Office
Section 67: Issuance of Debt Bond Against Gold and Foreign Currency
Section 9: Relation between the Government of Nepal and the Bank
Section 94: Powers, functions and duties of the Office
Section 123: Saving of actions taken in good faith
Section 68: Possession of Property Prohibited
Section 83: Dues to recover
Section 3: Establishment of the Authority
Section 142: Don’t work in the Insurance Business
Section 1: Short title and commencement
Section 91: License to Insurance Mediators
Section 164: Decision may be made by the Labour Court
Section 158: Not being held accountable for actions done with good intentions
Section 143: Employment may be terminated on the ground of health
Section 152: Majority decision to prevail
Section 121: Priorities on the Payment of Liabilities in Case of Liquidation of the Insurance company
Section 34: Audit Committee
Section 139: Security of employment
Section 119: Cooperative may be sought
Section 171: Act Implementation Measurement
Section 155: Power to demand bank guarantee or deposit
Section 26: Functions of National Cooperatives Federation
Section 24: Resignation by Director
Section 12: Employment relationship to be established
Section 56: No Distribution of Dividend
Section 18: Government to be the plaintiff
Section 178: Transitional provisions
Section 143: Settlement of Disputes
Section 101: Making application in convenient Office
Section 88: Right to give order with respect to Audit of Insurer
Section 50: Computation of year
Section 150: To issue the certificate of experience
Section 121: Provisions concerning Employees of Management Committee
Preamble
Section 177: Labour coordination committee
Section 48: Formation of Accounts Supervision Committee
Section 14A: Not to carry out Dhukuti transactions
Section 18: Engagement in work as trainee labour
Section 40: Directives may be given to call an Extraordinary General Meeting
Section 133: Appeal may be filed
Section 68: International Clearing and Payment Agreements
Section 55: Delegation of Powers
Section 6: Not to obtain or make payment by way of abuse or unauthorised use of electronic means
Section 93: Provisions relating to Office and inspectors
Section 12: Flow of Public Information
Section 51: Leave not as a matter of right
Section 159: To forward the matter to the body having jurisdiction
Section 52: Power to Issue Banknotes and Coins
Section 6: Formation of Provincial Sectoral Cooperative Association
Section 114: Insurer May Merge or be Amalgamated
Section 19: Part-time employment
Section 172: Repeal and Saving
Section 158: High Court to perform functions of Labour Court
Section 12A: Not to make any Fraudulent Activities to Bank and Financial Institutions and Cooperatives
Section 1: Short title and commencement
Section 22: Liabilities to be limited
Section 72: Accepting risk based on the property itself
Section 102: Measures For the Reformation of Problematic Insurer
Section 35: Payment of remuneration
Section 46: Restriction on sold, mortgaged, or transferred
Section 78: Exemptions, Facilities and Discounts
Section 103: Stabilisation Fund
Section 117: Liquidation of Insurance Company
Section 6: Prior Right of the Bank
Section 5: Function, Duties and Powers of the Bank
Section 73: Duties of labour
Section 181: To frame and implement directives and procedures
Section 28: Internal Procedures may be framed
Section 122: Offences deemed to be committed
Section 29: Not to compel to work overtime
Section 113: Submission of individual claims
Section 154: Proceeding against contempt of court
Section 57: Appointment of the Executive Director
Section 14: Formation of the Board
Section 54: Committee or sub-committee may be formed
Section 65: Loans or Grants may be obtained
Section 73: Details to be made available
Section 57: Social security scheme to be applicable
Section 152: Repeal and Saving
Section 15: Continuity of existence of employment relationship during the period held in reserve
Section 48: Term of Office of the Director
Section 135: Opportunity to be given to submit clarification
Section 10: Not to acquire assets or open account by borrower who has over dues
Section 139: Procedures of Taking Actions
Section 3: Not to open an account or demand cash payment in an unauthorised manner
Section 86: Appointment of Auditor of Insurer
Section 8: Privileges and Facilities to the Bank
Section 104: Functions, Duties and Powers of Special Administration Team
Section 30: Membership of Organisation
Section 51: Discontinue to hold the office of Director
Section 81: To engage in easier work
Section 45: Maternity leave
Section 132: Details to be Provided
Section 84: Provisions relating to tea-estate labours
Section 54: Medical insurance to be made
Section 167: Power of the Office to have execution of decisions
Section 109: Transfer may be made
Section 10: Coordination with Public Bodies
Section 112: Final Report to be Submitted
Section 2: Definitions
Section 47: Formation of Board of Directors
Section 47: Failure to Maintain Compulsory Deposit
Section 163: International Aid and Relation
Section 103: Special Administration/Management Team
Section 136: Suspension of License or Ban of Insurance Business
Section 5: Not to make unauthorised withdrawals or payments
Section 133: Provisions relating to misconduct may be made in the bye-law
Section 32: Restriction on membership
Section 49: Functions, duties and powers of Accounts Supervision Committee
Section 30: Functions, Duties and Powers of the Governor
Section 68: Reserve Fund
Section 117: Report to be submitted
Section 79: Micro-Insurance Regulation Fees
Section 25: Public Notification of Governor’s Appointment
Section 126: Apparent loss or damage
Section 33: Arrangement for transportation to be made
Section 162: Coordinate with Public Bodies
Section 115: Decision to be made by the Office
Section 41: Allocation of net profit
Section 5: Formation of District Cooperative Association
Section 149: Power to frame Rules
Section 20: Classification may be made on Sectoral Basis
Section 16: Registration may be Denied
Section 99: Power of the Office to give direction
Section 66: Security of Government of Nepal may be obtained
Section 92: Qualifications of Insurance Mediators
Section 42: Election of Board
Section 122: Arbitral award and collective agreement to be binding
Section 74: To form safety and health committee
Section 55: Accidental insurance to be made
Section 84: To be sent for freezing
Section 111: Other Provisions Regarding Special Management of The Insurer
Section 103: Functions, duties and powers of the Council
Section 152: Complaint Hearing
Section 137: Period for taking decision
Section 88: Dissolution and Revocation of Registration
Section 154: Formation of Expert Groups
Section 71: Allocation of Savings
Section 1: Short Title and Commencement
Section 59: License to be obtained
Section 27: Acting Governor
Section 134: Power to suspend
Section 110: To be borne from Assets of Organisation or Association
Section 19: Proceedings may be initiated by detaining into the custody
Section 78: Claim of Micro-Insurance
Section 13: Not to Derive Excess, Low or False Valuation or Prepare False Financials
Section 62: Liquid Assets to be maintained
Section 74: Consultation on the Matter of Law Reform
Section 13: No Operation of Cooperative Organisation without Registration
Section 18: Tenure of Office of the Director
Section 52: Limit of Personal Saving
Section 76: Bank’s Approval Required for Accepting Deposits or Giving Credits
Preamble
Section 122: Insolvency of the Branch Office of Foreign Insurance Company Situated in Nepal
Section 148: Payment of benefits
Section 67: Find of a Cooperative Organisation
Section 50: Discount Rate and Rate of Interest for Refinance
Section 38: Functions, Duties and Powers of Annual General Meeting
Section 150A: Instructions On Prevention of Money Laundering Must Be Followed
Section 121: Right to strike for settlement of collective disputes
Section 146: Government of Nepal to be Plaintiff
Section 49: Accumulation of leave
Section 153: Not to Make Insurance Transactions with Anyone Except Insurer
Section 116: Insurer Many Acquire Another Insurer
Section 144: Encouragement may be given
Section 140: Termination of time-based and work-based employment
Section 151: Standards, Directives or Procedures may be framed and submit
Section 105A: State Government may constitute a State Labour Advisory Council
Section 8: Formation of Central Sectoral Cooperative Association
Section 46: Compulsory Deposit of Commercial Banks and Financial Institutions
Section 48: Mourning leave
Section 17: Provisions relating to labour to be applicable
Section 22: Grounds for Removal of the Directors from Office
Section 106: Notice of the Work
Section 33: May become members
Section 17: Appointment of the Directors
Section 22: Provisions relating to Delivery of Notice
Section 87: Special provisions relating to tourism labours
Section 124: Punishment
Section 61: Obligations of labour supplier
Section 125: Settlement of Small Amount Claim
Section 12: Not to Make Loss by Making Alteration in Account or Ledger or by Committing Forgery or Fraud
Section 170: Fixation of basic remuneration
Section 13: Provision relating to probation period
Section 106: Functions, duties and powers of Management Committee
Section 166: Decisions to be executed
Section 65: Group Insurance Fund
Section 148: Request for Details
Section 6: Formation of the Board
Section 108: Provisions concerning Payment of Liabilities
Section 44: Monetary Policy
Section 8: Not to misuse credit
Section 27: To be considered ineligible
Section 111: Formation of labour relation committee
Section 112: Performance evaluation of labours by enterprise
Section 98: Ministry to conduct Inspection and Monitoring
Section75: Saving from action
Preamble
Section 23A: Standards to be Followed
Section 61: Confidentiality to be maintained
Section 81: Re-Insurance Business
Section 15: Punishment
Section 31: Delegation of powers
Section 72: Duties of manufacturers, importers and suppliers
Section 116: Recommendation may be made
Section 40: Catastrophic Fund
Section 83: Accounts to be maintained accurately
Section 115: Management Committee may write to take action
Section 31: Additional remuneration to be paid
Section 145: Limitation for Complaint
Section 151: Formation of Labour Court
Section 157: Case may be compromised
Section 23: Notice to be published
Section 49: Loan and Refinance to Commercial Banks and Financial Institutions
Section 117: To hold negotiations on collective claims, demands
Section 124: Right to lock-outs
Section 56: Provisions on Exchange of Currency
Section 42: Assets to be maintained more than liabilities
Section 20: Cooperation to be extended
Section 62: Revocation, suspension of license or fine
Section 50: Transaction of Savings and Credits to be made concentrating on Member
Section 4: Objectives of the Bank
Section 118: Conditions Relating to Liquidation of Insurer
Section 171: Special provisions relating to managers and managerial level labours
Section 90: Provisions concerning Liquidation
Section 149: No Obstruction for Punishment
Section 5: Functions, Duties and Power of the Authority
Section 94: Delegation of Authority
Section 77: Restriction on Rate of Interest
Section 17: Cooperative Organisation to be a Corporate Entity
Section 28: Meeting of the Board
Section 156: Power to order payment of interest
Section 34: Termination of membership
Section 16: Punishment to the Persons Creating Hindrance
Section 24: Issuance of order for creating encumbrances over the assets of a foreign individual
Section 57: Soiled or Counterfeit Currency
Section 165: Provide Expert Services
Section 14: Application to be Submitted for Registration
Section 95: Cancellation of License
Section 130: Government of Nepal to be a plaintiff
Section 71: Deposit Collection
Section 127: Double Fine to be imposed
Section 53: Functions, Duties and Powers of the Board
Section 100: Annual Report to be submitted
Section 7: Not to avail or provide loans in an unauthorised manner
Section 7: Formation of Provincial Cooperative Association
Section 144: Notice to be given
Section 19: Working Area of Association and Cooperative Bank
Section 37: Entitlement to festival expense
Section 11: International Cooperation and Relationship
Section 9: Right to remedy
Section 53: To receive gratuity
Section 156: Establishment of Insurance Institutions
Section 95: Powers, functions and duties of inspector
Section 31: Application to be submitted to acquire membership
Section 30: Provisions relating to overtime
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