chhatramani/Nepal-Legal-Text-Corpus-44laws huggingface dataset:
नेपाल चार्टर्ड एकाउन्टेन्ट्स ऐन २०५३

परिच्छेद १० कर्मचारी सम्बन्धी व्यवस्था

दफा ४०:संस्थाका अन्य कर्मचारी
१) कार्यकारी निर्देशकको प्रत्यक्ष रेखदेख र नियन्त्रणमा रहने गरी संस्थालाई आवश्यक पर्ने कर्मचारीहरुको नियुक्ति परिषद्‌ले गर्नेछ ।
२) संस्थाका कर्मचारीहरुको सेवाको शर्त, पारिश्रमिक र सुविधाहरु तोकिए बमोजिम हुनेछ ।

नेपाल चार्टर्ड एकाउन्टेन्ट्स ऐन २०५३

परिच्छेद ११ दण्ड सजाय

दफा ४१: दण्ड सजाय
१) यस ऐन बमोजिम पेशागत प्रमाणपत्र नलिई लेखापरीक्षणगर्ने व्यक्तिलाई दुई हजार रुपैयाँसम्म जरिबाना वा तीन महिनासम्म कैद वा दुवै सजाय हुनेछ ।
२) कसैले दफा ६ को उल्लङ्घन गरी संस्थाको नाम, चिन्ह वा संस्थाले प्रयोग गर्न पाउने कुनै पनि किसिमको अधिकारको प्रयोग गरेमा निजलाई पहिलो पटक भए एक हजार रुपैयाँसम्म जरिबाना हुनेछ र त्यसपछि पनि त्यस्तो काम गरेको ठहरेमा पटकै पिच्छे पाँच हजार रुपैयाँसम्म जरिवाना वा ६ महिनासम्म कैद वा दुवै सजाय हुनेछ ।
तर कानूनद्वारा गठित संस्था वा विश्वविद्यालय वा संस्थासँग सम्बन्धित निकायहरुको हकमा यो उपदफा लागू हुने छैन ।
३) पेशागत प्रमाणपत्र नपाएको व्यक्तिले * पेशागत प्रमाणपत्र प्राप्त सदस्यको हैसियतले कुनै कागजातमा दस्तखत गरेको प्रमाणित भएमा त्यस्तो व्यक्तिलाई दुई हजार रुपैयाँसम्म जरिबाना वा तीन महिनासम्म कैद वा दुवै सजाय हुनेछ ।
४) यस दफामा लेखिएदेखि बाहेक यो ऐन वा यस ऐन अन्तर्गत बनेको नियमको बर्खिलाप कुनै काम गर्ने सदस्यलाई पाँच वर्षसम्मको लागि निलम्बन गरी दुई हजार रुपैयाँसम्म जरिबाना वा तीन महिनासम्म कैद वा दुवै सजाय हुनेछ ।
५) उजूर गर्नुपर्ने मनासिब माफिकको कारण बेगर सदस्यलाई दुःख दिने नियतले कुनै व्यक्तिले उजूर गरेको ठहरेमा त्यस्तो उजुर गर्ने व्यक्तिलाई एक हजार रुपैयाँसम्म जरिबाना हुनेछ ।
६) दफा ३५ बमोजिम कुनै सदस्यको विरुद्धमा परिषद् समक्ष त्यस्तो उजूर पर्न आएमा दफा १४ बमोजिम कारबाही हुनेमा बाहेक अन्य मुद्दाहरु सम्बन्धित उच्च अदालतमा मुद्दा चलाउनु पर्नेछ ।

नेपाल चार्टर्ड एकाउन्टेन्ट्स ऐन २०५३

परिच्छेद १२ विविध

दफा ४२: तदर्थ परिषद्को गठन
१) यस ऐनमा अन्यत्र जुनसुकै कुरा लेखिएको भए तापनि दफा ७ बमोजिम परिषद्‌को गठन नभएसम्म संस्थाको सदस्य हुन चाहने योग्यता पुगेको व्यक्तिको नाम दर्ता गरी सदस्यता दर्ताको प्रमाणपत्र दिने सम्बन्धमा यस ऐन बमोजिम परिषद्‌ले गर्ने कार्य गर्न र सदस्यहरुमध्येबाट परिष‌द्मा प्रतिनिधित्व गर्ने पार्षद्हरुको निर्वाचन गर्नको लागि देहायका सदस्यहरु रहेको एक तदर्थ परिषद्‌को गठन गरिनेछः-
(क) अध्यक्ष, नेपाल चार्टर्ड एकाउन्टन्टस् एसोसिएशन – अध्यक्ष
(ख) लेखापरीक्षक सम्बन्धी ऐन, २०३१ बमोजिम लेखापरीक्षकको रुपमा नाम दर्ता गराएका लेखापरीक्षकहरुमध्येबाट नेपाल सरकारले मनोनीत गरेका तीनजना – सदस्य
(ग) नेपाल सरकारले तोकेको राजपत्रांकित प्रथम श्रेणीको अधिकृत – सदस्य-सचिव
२) उपदफा (१) बमोजिम गठन भएको तदर्थ परिषद्ले यो ऐन प्रारम्भ भएको मितिले ६ महिनाभित्र सदस्यहरुमध्येबाट परिषद्‌मा प्रतिनिधित्व गर्ने पार्षद्हरुको निर्वाचन गरी सक्नु पर्नेछ ।
३) उपदफा (१) बमोजिम गठन भएको तदर्थ परिषद्ले आफ्नो बैठक सम्बन्धी कार्यविधि र अन्य कार्य प्रणालीहरु आफैंले निर्धारण गर्न सक्नेछ ।
४) दफा ७ बमोजिम परिषद्‌को गठन भएपछि उपदफा (१) बमोजिम गठन भएको तदर्थ परिषद् स्वतः विघटन हुनेछ । यसरी तदर्थ परिषद् विघटन भएपछि उक्त तदर्थ परिषद्‌ले परिषद्‌को तर्फबाट गरेको सम्पूर्ण काम कारबाही परिषद्‌ले नै गरे सरह मानिनेछ ।
नेपाल चार्टर्ड एकाउन्टेन्ट्स ऐन २०५३

परिच्छेद १२ विविध

दफा ४३: असल नियतले गरेको काममा बचाउ
परिषद् वा संस्थाको समितिको कुनै सदस्य वा सचिव वा संस्थाका कर्मचारीले असल नियतले यो ऐन वा यस ऐन अन्तर्गत बनेको नियम अनुरुप गरेको कुनै काम कारबाहीहरु प्रति निजहरु व्यक्तिगत रुपमा जिम्मेवार हुने छैनन्।

नेपाल चार्टर्ड एकाउन्टेन्ट्स ऐन २०५३

परिच्छेद १२ विविध

दफा ४४: अधिकार प्रत्यायोजन
१) परिषद्‌ले यस ऐन बमोजिम आफूलाई प्राप्त अधिकारमध्ये सबै वा केही अधिकार आवश्यकतानुसार समिति वा कार्यकारी निर्देशकलाई प्रत्यायोजन गर्न सक्नेछ ।
२) यस ऐन बमोजिम कुनै अधिकारीलाई प्राप्त अधिकारमध्ये केही अधिकार आफ्नो सामान्य रेखदेखमा रही प्रयोग गर्ने गरी निजले आफू मुनिका अधिकृत स्तरको कर्मचारीलाई प्रत्यायोजन गर्न सक्नेछ ।

नेपाल चार्टर्ड एकाउन्टेन्ट्स ऐन २०५३

परिच्छेद १२ विविध

दफा ४५: निर्देशन दिन सक्ने
१) नेपाल सरकारले संस्थाको काम कारबाहीका सम्बन्धमा परिषद्‌लाई आवश्यक निर्देशन दिन सक्नेछ ।
२) महालेखा परीक्षकले लेखा व्यवसायको विकास, संरक्षण र सम्वर्द्धन गर्ने सम्बन्धमा परिषद्लाई आवश्यक निर्देशन दिन सक्नेछ ।
३) उपदफा (१) वा (२) बमोजिम नेपाल सरकार वा महालेखा परीक्षकले दिएको निर्देशनको पालना गर्नु परिषद्‌को कर्तव्य हुनेछ ।

नेपाल चार्टर्ड एकाउन्टेन्ट्स ऐन २०५३

परिच्छेद १२ विविध

दफा ४६: नेपाल सरकारसँग सम्पर्क
संस्थाले नेपाल सरकारसँग सम्पर्क राख्दा अर्थ मन्त्रालय मार्फत राख्नु पर्नेछ ।

नेपाल चार्टर्ड एकाउन्टेन्ट्स ऐन २०५३

परिच्छेद १२ विविध

दफा ४७: नियम बनाउने अधिकार
१) यो ऐनको उद्देश्य कार्यान्वयन गर्नको लागि परिषद्ले आवश्यक नियमहरु बनाउन सक्नेछ ।
२) उपदफा (१) मा जुनसुकै कुरा लेखिएको भए तापनि दफा ७ बमोजिम परिषद् गठन नभएको अवस्थामा संस्थाको सदस्यता दर्ताको प्रमाणपत्र दिने र पार्षदहरुको निर्वाचन गर्ने प्रयोजनको निमित्त दफा ४२ बमोजिम गठन भएको तदर्थ परिषद्‌ले आवश्यक नियमहरु बनाउन सक्नेछ ।
३) उपदफा (१) र (२) बमोजिम बनेका नियमहरु नेपाल सरकारबाट स्वीकृत्त भएपछि मात्र लागू हुनेछन् ।
४) उपदफा (१) बमोजिम परिषद्ले बनाएका नियमहरु लागू भएपछि उपदफा (२) बमोजिम तदर्थ परिषद्‌ले बनाएका नियमहरु स्वतः निष्क्रिय हुनेछन् ।

नेपाल चार्टर्ड एकाउन्टेन्ट्स ऐन २०५३

परिच्छेद १२ विविध

दफा ४८: विनियम बनाउने अधिकार
परिषद्ले संस्थाको दैनिक कार्य सञ्चालनको लागि यो ऐन र यस ऐन अन्तर्गत बनेको नियमको अधीनमा रही विनियमहरु बनाउन सक्नेछ ।

नेपाल चार्टर्ड एकाउन्टेन्ट्स ऐन २०५३

परिच्छेद १२ विविध

दफा ४९: खारेजी र बचाउ
१) लेखापरीक्षक सम्बन्धी ऐन, २०३१ खारेज गरिएको छ ।
२) कुनै प्रचलित कानूनमा महालेखापरीक्षकको विभागबाट मान्यता प्राप्त लेखापरीक्षकलाई सो कानूनको प्रयोजनको निमित्त मान्यता प्राप्त लेखापरीक्षकको रुपमा मान्यता दिइएको भए यो ऐन प्रारम्भ भएपछि त्यस्ता मान्यता प्राप्त लेखापरीक्षक भन्नाले यस ऐन बमोजिमको पेशागत प्रमाणपत्र प्राप्त सदस्यलाई जनाएको मानिनेछ ।
द्रष्टव्यः (१) नेपाल चार्टर्ड एकाउन्टेन्टस् (पहिलो संशोधन) ऐन, २०५९ द्वारा रुपान्तर भएका
शब्दहरु:-
(क) “सचिव” को सट्टा “कार्यकारी निर्देशक”।
(ख) “वरिष्ठ चार्टर्ड एकाउन्टेन्ट” को सट्टा “फेलो चार्टर्ड एकाउन्टेन्ट”।
(ग) “लेखा व्यवसाय प्रमाणपत्र” “लेखा व्यवसायी प्रमाणपत्र” र “लेखा व्यवसायीको प्रमाणपत्र” को सट्टा “पेशागत प्रमाणपत्र”।
(२) केही नेपाल कानून संशोधन गर्ने ऐन, २०६३ द्वारा रुपान्तर गरिएका शब्दहरुः-
“श्री ५ को सरकार” को सट्टा “नेपाल सरकार”।
(३) न्याय प्रशासन ऐन, २०७३ द्वारा रुपान्तर गरिएका शब्दहरुः-
“पुनरावेदन अदालत” को सट्टा “उच्च अदालत”।
(मिति २०७९।९।०७ गते अद्यावधिक गरेको।
Nepal Rastra Bank Act, 2058

Preamble
Act No.15 of the year 2058
An Act to Provide for the Establishment of Nepal Rastra Bank to Carry out the Functions of the Central Bank
Preamble: Whereas, it is expedient to establish a Nepal Rashtra Bank to function as the Central Bank to maintain the stability of price and balance of payment and stability of the entire financial sector to support the sustainable development of Nepal,
Now, therefore, be it enacted by Parliament in the first year of the reign of His Majesty the King Gyanendra Bir Bikram Shah Dev.

Nepal Rastra Bank Act, 2058

Chapter-1 Preliminary

Section 1: Short Title and Commencement
1) This Act may be called “Nepal Rastra Bank Act, 2058”.
2) This Act shall come into force immediately.
Nepal Rastra Bank Act, 2058

Chapter 2 Establishment, Objectives and Functions, Duties and Powers

Section 3: Establishment of the Bank
1) There shall be a Central Bank established in the name of Nepal Rastra Bank in order to carry out the functions of a Central Bank.
2) The Nepal Rastra Bank established under the Nepal Rastra Bank Act, 2012 (1955) shall be deemed to have been established under this Act.
3) The Bank shall be an autonomous and corporate body with perpetual succession.
4) There shall be a separate seal for the transaction of the Bank’s business.
5) The Bank may, subject to this Act, acquire, utilise, retain, sell, and otherwise dispose of or manage movable and immovable property.
6) The Bank may be sued in its name, and it may also be sued under the same name.
7) The Central Office of the Bank shall be located in Kathmandu. The Bank may establish branches, sub-branches, and other offices at any location within and outside Nepal, and appoint agents or representatives as required.

Nepal Rastra Bank Act, 2058

Chapter 2 Establishment, Objectives and Functions, Duties and Powers

Section 4: Objectives of the Bank
1) The objectives of the Bank shall be as follows:-
(a) * To formulate necessary monetary and foreign exchange policies in order to maintain the stability of price and balance of payment for *
economic stability
and sustainable development of the economy, and manage it,
(b) To increase access to financial services and improve public confidence towards the banking and monetary system by maintaining the stability of the banking and financial sectors,
(c) To develop a secure, healthy and efficient system of payment,
(d) *…..
(e) *…
2) The Bank shall, without any prejudice to the objectives referred to in sub-section (1), extend co-operation in the implementation of the economic policies of the Government of Nepal.
* Added by the Second Amendment
* Deleted By the Second Amendment
Nepal Rastra Bank Act, 2058

Chapter 2 Establishment, Objectives and Functions, Duties and Powers

Section 5: Function, Duties and Powers of the Bank
1) In order to achieve the objectives referred to in Section 4, the functions, duties and powers of the Bank shall be as follows:
(a) To issue banknotes and coins,
(b) To formulate necessary monetary policies in order to maintain price stability and to implement or cause to implement them,
(c) To formulate foreign exchange policies and to implement or cause to implement them,
(d) To determine the system of foreign exchange rates,
(e) To manage and operate the foreign exchange reserve,
(f) To issue licenses to commercial banks and financial institutions to carry on banking and financial business and to regulate, inspect, supervise and monitor such transactions,
(f1) To issue directives and standards regarding the regulation, inspection and supervision of cooperative organisations engaged in savings and loan transactions,
*(f2) To regulate, inspect and supervise cooperative organisations with a share capital exceeding fifty million rupees or with an annual turnover equal to that amount, based on the financial governance and risk, at the request of the Department of Cooperatives, by exercising the powers of the prevailing laws relating to cooperatives,
(g) To act as a banker, advisor and financial agent of the Government of Nepal,
(h) To act as the banker of commercial banks and financial institutions and to function as the lender of the last resort,
(i) To establish and promote the system of payment, clearing and settlement and to regulate these activities, and
*(i1) To operate open market transactions through necessary instruments for liquidity management,
(j) To implement or cause to implement any other necessary functions which the Bank has to carry out in order to achieve the objectives of the Bank under this Act,
2) While exercising the powers conferred by this Act or any other prevailing law, the Bank shall have the power to carry out different functions and take actions which are incidental thereto.
3) No one shall violate powers conferred on the Bank under this.
* Added by the Act to Amend Certain Acts Relating to the Prevention of Money Laundering and Promotion of Business Environment, 2080.
* Added By the Second Amendment.

Nepal Rastra Bank Act, 2058

Chapter 2 Establishment, Objectives and Functions, Duties and Powers

Section 6: Prior Right of the Bank
1) For the purpose of recovering any loan, which the Bank has given to any borrower or any other type of claim of the Bank against any borrower, the Bank shall have prior right of security over cash deposited in an account in the name of such borrower at the Bank or in any commercial bank or financial institution or against any other movable and immovable property owned by the borrower for the purpose of recovering such loan.
2) The Bank shall recover its loan by taking into custody the cash or movable or immovable property having its prior right and selling such property as prescribed.
Nepal Rastra Bank Act, 2058

Chapter 2 Establishment, Objectives and Functions, Duties and Powers

Section 7: Functions not to be Carried out by the Bank
1) Except otherwise provided for in this Act, the Bank shall not carry out the following functions:
(a) Providing any loan, accepting any deposit or making any financial gift,
(b) Purchasing shares of any commercial bank, financial institution, public corporation or a company or acquiring any proprietary right in any financial, commercial, agricultural, industrial or other institution,
(c) Carrying out any trade, and
(d) Acquiring the right over movable and immovable property by way of purchase, lease or in any manner whatsoever.
Provided that the Bank may acquire such property as required for carrying out its function or for achieving its objectives.
2) Notwithstanding anything contained in sub-section (1), the Bank may carry out the following functions:-
(a) To provide a loan to and invest in the shares of the institutions which carry out the functions helpful in carrying out the function of the Bank or in attaining its objectives, not exceeding ten percent of the total capital of such institutions.
Explanation: For the purpose of this Clause, “institutions which carry out the functions which help carry out the functions of the Bank or in attaining its objectives” means any institutions, companies which are exclusively engaged in evaluating, managing, protecting the security, restructuring and transferring the securities of commercial banks or of financial institutions, carry out the function of credit rating, exchange of credit information, process and transmit data, print financial instruments, clearing payments, liquidate property, produce bank notes and coins and act as trustee and any other institution or companies established for carrying out similar function and prescribed by the Bank.
(b) To provide loans to its own employees.

Nepal Rastra Bank Act, 2058

Chapter 2 Establishment, Objectives and Functions, Duties and Powers

Section 8: Privileges and Facilities to the Bank
Notwithstanding anything contained in the prevailing laws, the Bank shall be entitled to the following privileges and facilities: –
(a) Exemption from all types of taxes, fees and charges on incomes, capital transactions, houses, land, assets, etc.
(b) No requirement for the payment of registration fee for registration of the deeds of loan or refinance to be given by the Bank,
(c) No requirement for revenue stamps on any of the documents relating to the Bank,
(d) There would be no tax, fee, charge, or duty on the export and import of bank notes, coins, gold, silver, paper, metal, chemicals, and other materials to be used for printing bank notes and minting coins.

Nepal Rastra Bank Act, 2058

Chapter 2 Establishment, Objectives and Functions, Duties and Powers

Section 9: Relation between the Government of Nepal and the Bank
Any contact by the Government of Nepal with the Bank and by the Bank with the Government of Nepal under this Act shall be made through the Ministry of Finance.
Nepal Rastra Bank Act, 2058

Chapter 2 Establishment, Objectives and Functions, Duties and Powers

Section 10: Coordination with Public Bodies
1) The Bank may, in order to achieve its objectives, make necessary coordination with public bodies, their agencies or their organs.
2) The Bank shall, upon the request of the Government of Nepal, provide the necessary information on balance of payments, banking, and financial matters.
3) Government of Nepal, public bodies and the private sector shall, in the event of a request made by the Bank, provide necessary information on economic and financial matters.

Nepal Rastra Bank Act, 2058

Chapter 2 Establishment, Objectives and Functions, Duties and Powers

Section 11: International Cooperation and Relationship
1) The Bank shall represent Nepal in international organisations and associations on matters within the Bank’s jurisdiction, such as monetary policy, foreign exchange policy, balance of payments, bank supervision, and other related issues.
2) The Bank may provide banking and payment services to foreign governments, foreign central banks, foreign banks, and international organisations or associations, and obtain similar types of facilities from them.
3) The Bank shall participate in international organisations or associations that work towards financial and economic stability through international monetary cooperation.
4) The Bank, when participating in international organisations or associations as a representative of Nepal, shall assume the responsibility and undertake the functions to be carried out on behalf of the country.

Nepal Rastra Bank Act, 2058

Chapter 2 Establishment, Objectives and Functions, Duties and Powers

Section 12: Flow of Public Information
The Bank shall publish and transmit, on a regular basis, information on the data-based analyses it conducts on the macroeconomy, development of the financial market, monetary circulation, price stability, balance of payments, and foreign exchange, among other topics.

Nepal Rastra Bank Act, 2058

Chapter 2 Establishment, Objectives and Functions, Duties and Powers

Section 13: Operation of Accounts
The Bank may open and operate accounts for the Government of Nepal and other governmental bodies, commercial banks and financial institutions, public corporations, foreign diplomatic missions, foreign central banks, foreign banks, international organisations, and associations. The procedures for opening and operating such accounts shall be as prescribed by the Bank.
Provided that, the Bank shall not operate an account for any individual, industry or political organisation.

Nepal Rastra Bank Act, 2058

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

Section 14: Formation of the Board
There shall be a Board of Directors in the Bank consisting of the following members:-
(a)
Governor
Chairperson
(b)
Secretary, Ministry of Finance
Member
(c)
Two Deputy Governors
Member
(d)
Three Directors appointed by the Government of Nepal from amongst the persons renowned in the fields of Economics, Monetary, Banking, Finance and Commercial Law.
Member
Nepal Rastra Bank Act, 2058

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

Section 15: Appointment of the Governor
1) The Government of Nepal, the Council of Ministers, shall appoint a Governor on the basis of the recommendation of the Recommendation Committee formed pursuant to sub-section (2).
2) Government of Nepal, the Council of Ministers shall, for the appointment of the Governor, form a Recommendation Committee as follows:
(a)
Minister of Finance
Chairperson
(b)
One person from among the former Governors
Member
(c)
One person designated by the Government of Nepal from amongst the persons renowned in the fields of Economics, Monetary, Banking, Finance and Commercial Law.
Member
3) While making recommendation for the appointment of Governor, the committee formed pursuant to sub-section (2), shall recommend to Government of Nepal, the Council of Ministers the names of three persons renowned in the field of economic, monetary, banking, finance, commerce, management, commercial law and from among the Deputy Governors.
4) The Government of Nepal, through the Council of Ministers, shall, out of the names recommended pursuant to sub-section (3), appoint one person to the Office of Governor.

Nepal Rastra Bank Act, 2058

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

Section 16: Appointment of the Deputy Governor
1) The Government of Nepal, through the Council of Ministers, shall, on the recommendation of the Governor, appoint a Deputy Governor.
2) The Governor shall, while making recommendations for the appointment of Deputy Governor pursuant to sub-section (1), recommend names, double in number of the post falling vacant, from among the special class officers of the Bank on the basis of their performance and capability.
3) A person appointed in the post of Deputy Governor under this Section shall be deemed to have been automatically retired from the service of the Bank.

Nepal Rastra Bank Act, 2058

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

Section 17: Appointment of the Directors
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.

Nepal Rastra Bank Act, 2058

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

Section 18: Tenure of Office of the Director
1) The tenure of the Office of the Governor, Deputy Governor and Directors shall be five years.
2) The Government of Nepal may reappoint the retiring Governor for one term and the retiring Directors for any term, if it is deemed necessary.

Nepal Rastra Bank Act, 2058

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

Section 19: Remuneration and Other Benefits to the Directors
The remuneration and other benefits of the Governor, Deputy Governor, and Directors shall be as prescribed by the Board.
Nepal Rastra Bank Act, 2058

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

Section 20: Qualifications of the Directors
In order to be appointed to the post of Governor, Deputy Governor and Directors, a person shall have to meet the following qualifications:
(a) A Nepalese citizen,
(b) Having higher moral character,
(c) Having work experience in economic, monetary, banking, financial and  commercial law sectors after having attained at least a master’s degree in economics, monetary, banking, finance, commerce, management, public administration, statistics, mathematics and law.
Explanation:- For the purpose of this Clause, “work experience” means the experience of works in the post of special class of Government of Nepal or of the Bank or in the post of a university Professor or in the post of Executive Chief of class ‘A’ of a commercial bank or of a financial institution or in the equivalent post or in the post higher than those in terms of the order of protocol.
(d) Not disqualified under Section 21.

Nepal Rastra Bank Act, 2058

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

Section 21: Disqualification of the Directors
None of the following people shall be eligible for appointments to the Office of the Governor, Deputy Governor and Director:-
(a) Member or official of a political party, or
(b) The person blocked in relation to a transaction with a commercial bank or financial institution, or
(c) An official currently engaged in any commercial bank or financial institution, or
(d) A person having five percent or more shares or voting rights in a Commercial Bank or financial institution, or
(e) A person rendered bankrupt for being unable to pay debts to creditors, or
(f) An insane person, or
(g) A person convicted by a court of an offence involving moral turpitude.