Section 29: Committee

1) A Steering Committee, as follows, shall be formed for the operation, oversight, and management of the works and activities to be carried out on behalf of the Fund:

(a) Secretary, Ministry of Labor, Employment and Social Security – Chairperson

(b) Deputy Governor, Nepal Rastra Bank (overseeing the regulation department) – Member

(c) Joint Secretary, Ministry of Finance (overseeing budget and program) – Member

(d) Joint Secretary, Ministry of Law, Justice and Parliamentary Affairs – Member

(e) Joint Secretary, National Planning Commission (overseeing the social sector) – Member

(f) Joint Secretary, Ministry of Land Management, Cooperative and Poverty Alleviation – Member

(g) Three representatives designated by the Ministry from among official trade union federations, including at least one woman – Member

(h) Three representatives nominated as specified by the Ministry from among the employers, including at least one woman – Member

(i) Executive Director – Member Secretary

2) The term of office of members as per clause (g) and (h) of sub-section (1) shall be four years.

3) Notwithstanding whatsoever is written in sub-section (2), if the performance of the members as per Clause (g) and (h) of sub-section (1) is not found satisfactory, the Ministry may remove them from their posts. However, an opportunity for a hearing should be provided before such removal.

4) If the post of any member of the Committee falls vacant for any reason, the same procedure used to make an appointment to the post shall be followed for the remaining term of office.