chhatramani/nepal_legal_acts_corpus_english huggingface dataset:
Birta Abolition Act, 1959

Provided that, for the purposes of compensation mentioned in this section, the Government of Nepal shall not recognize any deed under Rs. 100/- for which proof of registration or enjoyment up to the year 2015 does not exist, except as done or to be done according to a judgment given by a court in pending litigation, nor shall it recognize any deed executed after Shrawan 24, 2016, whether registered or not.

(3) In calculating the land revenue, compensation shall be given in proportion to the remaining amount after deducting any kind of tax paid or payable to the Government of Nepal in the year 2015 from the total collection. 10. Compensation for mortgaged Birta land: If any Birta land of category "A" is being enjoyed by someone as usufructuary mortgage in lieu of a loan given, the compensation payable under this Act shall be received by the person enjoying the land under usufructuary mortgage. Provided that if the amount of compensation exceeds the principal amount of the loan taken by the person under usufructuary mortgage, the excess amount shall be received by the person giving the usufructuary mortgage according to the procedure set out in the Schedule, and if it is less, the mortgagee shall have no claim against the Birtawal or anyone else. 11. Granting land tax exemption for certain Birta land: (1) Land tax under Section 4 shall not be levied, until other arrangements are made for operating the trust according to its nature and condition, on Birta land held as Guthi (trust) of the following types:-

(a) Birta land held as Guthi on behalf of the Government of Nepal.
(b) Birta land which, even if previously established by the people, was taken over by the Government of Nepal to operate when relinquished, or was confiscated by the Government of Nepal or taken over for any other reason and operated as Guthi by the Government of Nepal, and
(c) Birta land held as Guthi granted by the Government of Nepal. Amended by the Revenue Tribunal Act, 2031.(2) A case concerning whether any land is of the type under clause (a), (b) or (c) of sub-section (1) shall be heard by the Amended by the Judicial Administration Reform (Fourth Amendment) Act, 2043. District Court, and an appeal against that shall lie to the Amended by the Some Nepal Acts Amendment Act, 2072. High Court. 12.
Birta Abolition Act, 1959

District Court, and an appeal against that shall lie to the Amended by the Some Nepal Acts Amendment Act, 2072. High Court. 12. Rights of tenants from Birta tenants: (1) If any person has a tenancy right in any Birta land of category "B" converted into Raikar under this Act, then when the Birta land of category "B" is registered as Raikar in the name of the Birtawal as the landowner, the name of the person holding the tenancy right shall also be registered as a tenant, and such tenant shall not be deprived of enjoying the tenancy right and interest acquired by him in the capacity of a tenant as before.

(2) When Birta land of category "A" is registered in the name of the tenant and such tenant becomes the landowner, a person taking land for cultivation from such landowner, whether before or after the commencement of this Act, shall be a tenant under the Land-related Act and shall acquire the rights of a tenant. Added by the Birta Abolition (Third Amendment) Act, 2049.12A. Special provision for registering Birta land: Birta land of category "B" that has already been converted into Raikar and registered in anyone's name up to the end of Ashadh 2049 shall only be registered in the name of the person cultivating such land under Section 7A. After that period, Birta land of category "B" shall not be registered in the name of any Birtawal, and even if registered, it shall not be recognized. Provided that if a case regarding conversion to Raikar or registration is pending in court before the end of Ashadh 2049, it shall be according to the court's decision, and if a Birtawal has submitted an application to the Revenue or Land Revenue Office for conversion to Raikar and registration in his name and has continuously pursued the proceedings, and the person cultivating the land has not submitted an application for conversion to Raikar and registration, it shall be according to the decision of the Revenue or Land Revenue Office. Added by the Birta Abolition (Third Amendment) Act, 2049.12B. Registration required within time limit: If any Birta land of category "B" is not registered in his name by the person cultivating it within the period specified by the Government of Nepal under Section 7A, such land shall be dealt with under prevailing law as if land revenue has not been paid. 13. Power to make rules: The Government of Nepal may make rules for the purpose of implementing this Act. 14. Repealed by the Birta Abolition (Amendment) Act, 2018

15.
Remuneration and Facilities of Office Bearers and Members of Federal Parliament Act, 2016

3. Remuneration: (1) An office-bearer and member shall receive remuneration and special allowance as specified in Schedule 1 from the date of their election or nomination:

Provided that an office-bearer and member holding office at the time of commencement of this Act shall receive remuneration under this section only from the date of commencement of this Act.

(2) If an office-bearer or member ceases to hold office before the expiry of their term due to death, resignation, or dissolution of the House of Representatives, such office-bearer or member shall, in addition to the remuneration payable up to the date their membership subsists, be given an additional amount equivalent to one month's remuneration.

(3) The amount receivable pursuant to sub-section (2) shall be given, as the case may be, to such office-bearer or member or to the person designated by them. If the office-bearer or member dies and has not designated any person or the designated person is not alive, such amount shall be given to their nearest heir.

(4) If an office-bearer or member ceases to hold office due to lack of qualification, such office-bearer or member shall not be given the additional amount under sub-section (2). 4. Allowances of Office-Bearers and Members: (1) An office-bearer and member shall be given an amount as per Schedule 1 as meeting allowance for each day of participation in any House of the Federal Parliament or any committee or sub-committee or joint sitting of both Houses:

Provided that if meetings of the House and a committee are held on the same day, the office-bearer and member shall receive only one day's allowance.
Remuneration and Facilities of Office Bearers and Members of Federal Parliament Act, 2016

Separate allowances shall not be given for meetings of the House and committee.

(2) An office-bearer or member participating in a meeting of a House at the commencement of a session of any House of the Federal Parliament, or in a meeting of any committee or sub-committee when no session of the House is in progress, shall be given allowance for each day from three days before the commencement of the meeting until three days after the conclusion of the meeting, at the rate under sub-section (1):

Provided that an office-bearer or member who is absent at the commencement of a meeting of the House or committee shall receive allowance only for three days prior to the day they were present.

(3) When coming from their permanent residence to participate in a session of Parliament or a committee meeting, and when returning to their area of residence after participation, the office-bearer and member shall be given allowance under section 9:

Provided that if the constituency from which an office-bearer or member is elected and the area of their permanent residence are different, such allowance shall be given when coming from and going to any one of those two places. 5. Provision of Private Secretariat and Staff: (1) For the duration of their term, an office-bearer and member shall receive staff facilities for their private secretariat as specified in Schedule 2.

(2) An office-bearer shall be provided with necessary furniture and other goods as specified in Schedule 2 for the duration of their term. The furniture and goods so provided shall be returned by them after the expiry of their term:

Provided that if furniture is not provided to an office-bearer, an amount under sub-section (6) of section 6 shall be provided to make arrangements for furniture.

(3) For the office operation, stationery, and hospitality of the private secretariat, an office-bearer and member shall be provided with an amount as specified in Schedule 2. 6. Housing Facility: (1) An office-bearer and member shall be provided with a government house on behalf of the Government of Nepal for housing.
Remuneration and Facilities of Office Bearers and Members of Federal Parliament Act, 2016

6. Housing Facility: (1) An office-bearer and member shall be provided with a government house on behalf of the Government of Nepal for housing. If such a house is not arranged, the office-bearer and

each member who does not have a house in the Kathmandu Valley shall be given an amount as per Schedule 1 monthly as housing facility.

(2) Notwithstanding anything contained in sub-section (1), an office-bearer or member having a house in the Kathmandu Valley shall be given half of the amount under that sub-section as housing maintenance and upkeep allowance.

(3) The maintenance and upkeep of a house arranged on behalf of the Government of Nepal pursuant to sub-section (1) shall be done by the Government of Nepal.

(4) If an amount is provided as housing facility pursuant to sub-section (1), an office-bearer shall be provided with an amount as specified in Schedule 1 to arrange for a private secretariat and guard house.

(5) An office-bearer or member shall receive the facility under this section for fifteen days from the date of expiry of their term.

(6) If housing facility is not arranged by the Government of Nepal pursuant to sub-section (1) or if furniture is not provided under sub-section (2) of section 5, an office-bearer and member shall be provided with an amount as per Schedule 1 for one term of the Federal Parliament to make arrangements for furniture in the residence:

Provided that if an office-bearer or member has already received furniture facility once in the capacity of a minister or office-bearer, they shall not be given the furniture facility under this sub-section within the same term of the Federal Parliament. 7. Vehicle and Fuel Facility: (1) Each office-bearer shall be provided with one vehicle and vehicle fuel and lubricant as specified in Schedule 1.

(2) An office-bearer receiving fuel and lubricant pursuant to sub-section (1) shall not be required to submit bills or vouchers.

(3) An office-bearer may use the vehicle received under this section for seven days from the date of expiry of their term.

(4) The maintenance and upkeep of the vehicle provided to an office-bearer pursuant to this section shall be done on behalf of the Government of Nepal.

(5) A member who has not been provided with a vehicle facility shall be given an amount as per Schedule 1 as transportation facility for each day of participation in any House of the Federal Parliament or any committee or sub-committee or joint sitting of both Houses. 8.
Remuneration and Facilities of Office Bearers and Members of Federal Parliament Act, 2016

8. Electricity, Water, and Communication Facility: (1) The Government of Nepal shall bear the full electricity and water tariff for the residence of the Speaker and Chairperson, and the full tariff (excluding deposit and other expenses for installing two telephone lines including one internet line and telephone penalties) for the two telephone lines.

(2) An office-bearer or member other than the Speaker and Chairperson, if provided with a government house, shall be given a lump sum amount as per Schedule 1 for electricity, water, telephone including internet, and newspapers for such house.

(3) If a government house cannot be arranged for an office-bearer or member other than the Speaker and Chairperson, the Government of Nepal shall bear the deposit and other expenses for installing one telephone line including internet at the residence where they live, and an amount under sub-section (2) shall be provided for the electricity, water, and telephone tariff at such residence.

(4) When an office-bearer or member has to change residence, the installation cost for shifting the telephone line shall be borne by the Government of Nepal for a maximum of two times within one term of the Federal Parliament.

(5) If an office-bearer or member entitled to a telephone under this section ceases to be a member of the Federal Parliament for any reason other than disqualification, they may, if they so desire within six months from the date of ceasing membership, retain the telephone in their ownership by paying the deposit amount incurred at the time of installing the said telephone line. 9. Daily and Travel Allowance: While traveling within or outside Nepal in connection with the work of the Federal Parliament, an office-bearer or member shall be given daily and travel allowance pursuant to the prevailing law. 10. Leadership Allowance: When an office-bearer or member goes abroad as the leader of a delegation, they shall receive an additional amount equal to fifty percent of the daily allowance they are entitled to, as leadership allowance. 11.
Remuneration and Facilities of Office Bearers and Members of Federal Parliament Act, 2016

10. Leadership Allowance: When an office-bearer or member goes abroad as the leader of a delegation, they shall receive an additional amount equal to fifty percent of the daily allowance they are entitled to, as leadership allowance. 11. Bills and Vouchers etc. to be Submitted: (1) For payment of travel allowance, when coming to a session for the first time, bills and vouchers for expenses incurred on air, rail, and bus tickets, and in the case of travel on foot, a certified certificate of the distance traveled, shall be submitted with the travel bill.

(2) Until the travel expenses change, the amount equivalent to the daily and travel allowance bill with certified bills and vouchers attached once pursuant to sub-section (1) shall, from the second time onwards, be provided by the Secretariat of the Federal Parliament to the concerned office-bearer or member as a lump sum expense for daily and travel allowance for coming to and going from meetings of the House or committee. 12. No Duplicate Travel Allowance: If a notice is published that a meeting of the House will commence while a committee meeting is in progress, or that a committee meeting will commence while a House meeting is in progress, and the period between the date on which the House or committee meeting is to commence and the date on which the ongoing House or committee meeting concludes does not differ by more than seven days, an office-bearer or member participating in the ongoing meeting shall receive travel allowance facility under this Act only after the conclusion of the later-commenced House or committee meeting. 13. Passport Facility: When going on a visit abroad in connection with the work of the Federal Parliament or representing Nepal, an office-bearer and member shall be given a diplomatic passport. 14. Medical Treatment Arrangement: (1) Free service of a senior physician shall be made available to an office-bearer and member for treatment at the Secretariat of the Federal Parliament.

(2) If a physician recommends pursuant to sub-section (1) that an office-bearer or member requires hospital treatment, the expenses as per the bill incurred during hospital treatment of such office-bearer or member shall be borne by the Secretariat of the Federal Parliament:

Provided that in case of emergency requiring hospitalization or hospitalization while outside the valley, such recommendation of a physician shall not be necessary. The fact of such hospitalization shall be informed to the Secretariat of the Federal Parliament through the fastest possible means. 15.
Remuneration and Facilities of Office Bearers and Members of Federal Parliament Act, 2016

The fact of such hospitalization shall be informed to the Secretariat of the Federal Parliament through the fastest possible means. 15. Office Facility: (1) An office-bearer shall be provided with a work room at the Secretariat of the Federal Parliament to establish their office.

(2) Necessary furniture, computer, and telephone shall be provided in the work room pursuant to sub-section (1). 16. Facilities to be Received by Chairperson of an Ad Hoc Committee and Coordinator and Members of a Sub-Committee: (1) If any committee of a temporary nature is formed in the House of Representatives or the National Assembly for a specific purpose, the Chairperson and members of such committee and the Coordinator and members of a sub-committee formed under that committee shall receive meeting allowance under sub-section (1) of section 4.

(2) The Chairperson of a committee formed pursuant to sub-section (1) shall be provided with one vehicle with a driver and fuel facility equivalent to that provided to a Chairperson, and other members and the Coordinator and members of a sub-committee shall be given an amount as prescribed as transportation facility under sub-section (5) of section 7. 17. Special Facility for Visually Impaired and Disabled Office-Bearer or Member: (1) If it appears to the Speaker or Chairperson that an office-bearer or member is visually impaired or physically disabled and requires the service of an attendant for mobility, one attendant shall be provided to accompany such office-bearer or member.

(2) An attendant accompanying an office-bearer or member pursuant to sub-section (1) shall receive the following facilities:

(a) Daily allowance: Half of the daily allowance receivable by the office-bearer or member.
(b) Travel allowance: Facility equivalent to that received by the office-bearer or member when traveling.
(c) Clothing allowance: As per Schedule 1. 18.
Remuneration and Facilities of Office Bearers and Members of Federal Parliament Act, 2016

18. Advance: (1) An office-bearer or member may, upon request, receive an advance of up to a maximum of three months of the remuneration and housing facility amount receivable under this Act, to be settled within the same fiscal year:

Provided that,

(1) If an office-bearer or member is diagnosed with a serious illness requiring treatment in a hospital abroad, or if a justified basis exists indicating any such special circumstances, the Secretariat of the Federal Parliament may, with the approval of the Speaker or Chairperson, give an advance of up to a maximum of one year's remuneration amount to such office-bearer or member.

(2) Notwithstanding anything contained in sub-clause (1), if the amount released from the budget is insufficient or if the term of the office-bearer or member is likely to expire within three months, the advance may not be given or may be given only for a shorter period, as the case may be.

(2) Until the advance amount given under sub-section (1) is settled, the full monthly remuneration or housing facility receivable by the office-bearer or member shall be deducted and settled.

(3) If an office-bearer or member who takes an advance under this section ceases to be a member of the Federal Parliament for any reason, the amount remaining to be recovered from them shall be recovered pursuant to the prevailing law:

Provided that if an office-bearer who has taken a remuneration advance dies before the advance is settled, the remuneration advance amount remaining to be recovered from them shall be waived. 19. Financial Assistance: (1) If an office-bearer or member dies while their term is still in effect, the Government of Nepal shall provide financial assistance to their family as per Schedule 1.

(2) If an office-bearer or member becomes physically or mentally disabled for any reason and is unable to remain a member of the Federal Parliament, such office-bearer or member shall be provided with financial assistance for disability as per Schedule 1. 20. Payment of Amount for Remuneration, Allowance, and Facility: The remuneration, allowance, and amount for other facilities receivable by an office-bearer and member under this Act shall be received from the Secretariat of the Federal Parliament:

Provided that if an office-bearer or member opens an account in any bank in consultation with the Secretariat of the Federal Parliament and gives written notice to deposit the amount for remuneration, allowance, or other facilities receivable by them into such account, the Secretariat of the Federal Parliament shall deposit such amount into that account. 21.
Remuneration and Facilities of Office Bearers and Members of Federal Parliament Act, 2016

21. Not Entitled to Allowance: (1) Notwithstanding anything contained elsewhere in this Act, if an office-bearer or member is suspended from the House, for the entire period of such suspension, and if an office-bearer or member is in custody, imprisonment, or on bail on a criminal charge pursuant to a court order, for the period of such custody, imprisonment, or bail, they shall not receive any kind of allowance under this Act.

(2) If an office-bearer is nominated or elected to two positions, they shall receive the facility of only one position. 22. Security Arrangement: For the security of an office-bearer, the Government of Nepal shall arrange security personnel as specified in Schedule 2. 23. Remuneration and Facility to be Provided Under this Act: The office-bearer and member of the Legislature-Parliament holding office at the time of commencement of this Act shall be provided with remuneration and facility under this Act. 24. To Receive Only One Facility: If a person receiving pension from the government fund is elected or nominated as an office-bearer or member, such office-bearer or member shall receive only one of the facilities: pension or facility under this Act. 25. Power to Amend Schedule: The Government of Nepal may, by publishing a notice in the Nepal Gazette, amend the Schedule in a manner that does not cause disadvantage to the office-bearer or member. 26. Repeal and Saving: (1) The Act Relating to Remuneration and Facilities of Office-Bearers and Members of Parliament, 2052 is hereby repealed.

(2) All acts and proceedings done under the Act Relating to Remuneration and Facilities of Office-Bearers and Members of Parliament, 2052 shall be deemed to have been done under this Act. Schedule-1
(Amended by the Act to Amend Some Nepal Acts, 2075.Relating to sections 3, 4, 6, 7, 8, 17 and 19)

Facilities to be Received by Office-Bearer and Member

 S.No. Type of Facility Unit Rate Speaker and Chairperson Leader of Opposition Party in House of Representatives, Deputy Speaker and Vice-Chairperson Leader of Opposition Party in National Assembly, Leader of Ruling Party and Chief Whip Chief Whip of Opposition Party, Chief Whip of Ruling Party and Chairperson Chief Whip of Party, Whip of Ruling Party and Whip of Opposition Party Member

 1. Remuneration Per Month Rs. 67,320.- 60,970.- 60,970.- 60,970.- 57,780.- 55,230.-
 2. Special Allowance Per Month Rs. 1,000.- 1,000.- 1,000.- 1,000.- 1,000.- 1,000.-
 3. Meeting Allowance Per Day Rs. 1000.- 1000.- 1000.- 1000.- 1000.- 1000.-
 4. Communication Facility (Telephone, Internet, Newspaper) Per Month Rs. 3,000.- 3,000.- 3,000.- 3,000.- 3,000.- 3,000.-
 5. Housing Facility Per Month Rs. 28,275.- 25,608.- 25,608.- 25,608.- 24,268.- 18,000.-
 6. Furniture Expense Lump Sum Rs. 15,000.- 15,000.- 15,000.- 15,000.- 15,000.- 15,000.-
 7. Private Secretariat Arrangement Per Month Rs.
Remuneration and Facilities of Office Bearers and Members of Federal Parliament Act, 2016

Communication Facility (Telephone, Internet, Newspaper) Per Month Rs. 3,000.- 3,000.- 3,000.- 3,000.- 3,000.- 3,000.-
 5. Housing Facility Per Month Rs. 28,275.- 25,608.- 25,608.- 25,608.- 24,268.- 18,000.-
 6. Furniture Expense Lump Sum Rs. 15,000.- 15,000.- 15,000.- 15,000.- 15,000.- 15,000.-
 7. Private Secretariat Arrangement Per Month Rs. 2,000.- 1,750.- 1,750.- 1,750.- 1,200.- -
 8. Guard House Per Month Rs. 2,000.- 1,750.- - 1,750.- - -
 9. Vehicle Fuel Per Month Litre 250 230 230 200 150 -
 10. Lubricant Quarterly Litre 10 5 5 5 5 -
 11. Transportation Facility Per Day Rs. - - - - - 1,000.-
 12. Electricity, Water Per Month Rs. As per bill 2,000.- 2,000.- 2,000.- 2,000.- 2,000.-
 13. Daily Travel Allowance Per Day Rs. 3,000.- 2,500.- 2,500.- 2,500.- 2,500.- 2,500.-
 14. Travel Insurance Per Trip Rs. 10,00,000.- 10,00,000.- 10,00,000.- 10,00,000.- 10,00,000.- 10,00,000.-
 15. Clothing Allowance for Attendant (including attendant accompanying visually impaired or physically disabled office-bearer) Annual Rs. 4,000.-
 16. Financial Assistance to Family of Deceased Office-Bearer or Member Lump Sum Rs. 2,00,000.- 2,00,000.- 2,00,000.- 2,00,000.- 2,00,000.- 2,00,000.-
 17. Financial Assistance to Disabled Office-Bearer or Member Lump Sum Rs. 50,000.- 50,000.- 50,000.- 50,000.- 50,000.- 50,000.-

Schedule-2

(Relating to sections 5 and 22)

Other Facilities to be Given to Office-Bearer and Member

Private Secretariat

 S.No. Type of Facility Unit Rate Speaker and Chairperson Leader of Opposition Party in House of Representatives, Deputy Speaker and Vice-Chairperson Leader of Opposition Party in National Assembly, Leader of Ruling Party and Chief Whip of Ruling Party Chief Whip of Opposition Party, Chief Whip of Ruling Party and Chairperson Chief Whip of Party, Whip of Ruling Party and Whip of Opposition Party Member

 1. Private Secretary (Gazetted First Class) Person 1 - - - - -
 Changed by notice published in Nepal Gazette dated 2062.07.17.2. Private Secretary (Gazetted Second Class) Person 1 - - - - -
 Changed by notice published in Nepal Gazette dated 2062.07.17.3. Private Secretary (Gazetted Third Class) Person 1 - - - - -
 4. Computer Operator (Non-Gazetted First Class) Person 1 1 1 1 - -
 5. Driver (First Level) Person 2 2 2 2 2 -
 6. Office Assistant (First Level) Person 2 2 1 1 1 -
 7. Computer with Printer Unit 1 1 1 1 - -
 8. Bicycle Unit 2 2 1 1 1 -
 9. Hospitality Per Month Rs. 25,000/- 2,000/- 2,000/- 17,000/- 15,000/- 1,000/-
 10. Bodyguard, Officer Person 1 1 - - - -
 11. Bodyguard, Police (Assistant Inspector) Person - - 1 - -
 12. Billardar Guard Person 1 1 - - - -
 13. Head Police Constable Person - - - 1 - -
 14. Military Soldier (Sepoy) Person 10 10 - - - -
 15.
Town Development Fund Act, 1997

Town Development Fund Act, 2053 (1997)

Royal Seal and Date of Publication
2043.10.23 (1987)

Amending Acts

1. Income Tax Act, 2058 (2001) 2058.12.19 (2002)
2. Republic Strengthening and Some Nepal Laws Amendment Act, 2066 (2009) This Act shall be deemed to have come into force from 2065.02.15 (2008). 2066.10.07 (2010)
3. Some Nepal Acts Amendment Act, 2075 (2018) 2075.11.19 (2019)
4. Some Nepal Acts Amendment Act, 2082 (2025) 2082.04.14 (2025)

Act Number 26 of the year 2043 (1987)



An Act Made to Establish and Operate the Town Development Fund

Preamble: Whereas, it is expedient to make provisions regarding the establishment and operation of a Town Development Fund for the construction, development and expansion of towns in Nepal Deleted by the Republic Strengthening and Some Nepal Laws Amendment Act, 2066 (2009)., for operating and causing to operate basic social services and income-generating projects in towns, and for providing necessary financial and technical assistance to bodies related to town development operating such services and projects, thereby developing and causing to develop the town in a systematic manner;

Now, therefore, the Parliament has enacted this Act in the twenty-fifth year of the reign of His Majesty King Birendra Bir Bikram Shah Dev. Chapter-1
Preliminary

1. Short Title and Commencement: (1) This Act may be called the "Town Development Fund Act, 2043 (1987)".

(2) It shall come into force immediately. 2.
Town Development Fund Act, 1997

Chapter-1
Preliminary

1. Short Title and Commencement: (1) This Act may be called the "Town Development Fund Act, 2043 (1987)".

(2) It shall come into force immediately. 2. Definitions: Unless the subject or context otherwise requires, in this Act,-

(a) "Fund" means the Town Development Fund established pursuant to Section 3.

(b) "Basic Social Services" means roads, streets, lights, bridges, drinking water, drainage, solid waste collection, public toilets, public libraries, schools and various structures constructed for similar public use, as well as various services provided for the benefit of the townspeople.

(c) "Income-generating Project" means public markets, business centers, bus parks, slaughterhouses, warehouses and other similar income-generating projects.

(d) "Body Related to Town Development" means the following institutions undertaking land development and distribution and works related to basic social services and income-generating projects for the construction and development of towns:-

(1) Governmental or non-governmental institutions established pursuant to prevailing law,
(2) Town development committees, metropolitan municipalities, sub-metropolitan municipalities or municipalities formed pursuant to prevailing law,
(3) Any village designated as a village turning into a town pursuant to prevailing law, which is specified by the Fund based on population and development.

(e) "Town" means a metropolitan municipality, sub-metropolitan municipality, municipality and a village turning into a town.

(f) "Loan" means credit provided under conditions determined by the Fund, with or without taking any movable or immovable property as collateral, mortgage, or other necessary security or guarantee.

(g) "Borrower" means a body related to town development taking a loan from the Fund.

(h) "Debenture" means a bond issued by the Fund, with or without keeping its own property as collateral.

(i) "Committee" means the Board of Directors of the Fund constituted pursuant to Section 14.

(j) "Chairperson" means the Chairperson of the Committee.

(k) "Member" means a member of the Committee, and such word also refers to the Chairperson and the Member-Secretary of the Committee.

(l) "Executive Director" means the Executive Director of the Fund appointed pursuant to Section 18.

(m) "Prescribed" or "as prescribed" means prescribed or as prescribed in the rules or regulations made under this Act. Chapter-2
Establishment, Objectives, Functions, Duties and Powers of the Fund

3. Establishment of the Fund: (1) A Fund named "Town Development Fund" is hereby established for providing necessary financial and technical assistance to bodies related to town development for the construction, development and expansion of towns and for carrying out related works.

(2) The central office of the Fund shall be located in the Kathmandu Valley, and the Fund may open its branch offices in any place within Nepal Deleted by the Republic Strengthening and Some Nepal Laws Amendment Act, 2066 (2009). as required. 4.
Town Development Fund Act, 1997

6. Functions, Duties and Powers of the Fund: In addition to the functions, duties and powers mentioned in other sections of this Act, the functions, duties and powers of the Fund shall be as follows:-

(a) To determine and implement or cause to implement policies relating to the operation and management of the Fund.
(b) To approve the annual and periodic programs and budget of the Fund and to arrange or cause to arrange for necessary funds therefor.
(c) To provide financial and technical assistance to bodies related to town development for the construction, development and expansion of towns and for operating basic social services and income-generating projects in towns.
(d) To prepare the necessary financial and technical foundations for the construction, development, expansion and diversification of towns, implement or cause to implement programs related to town development, and to encourage to the maximum extent the participation of bodies related to town development in such programs.
(e) To provide necessary support for training and orientation to be given to employees working in bodies related to town development.
(f) To provide necessary consultancy services to bodies related to town development on matters related to town development.
(g) To monitor and supervise or cause to monitor and supervise projects and programs operated with loans taken from the Fund.
(h) To act or cause to act in accordance with an agreement made by the Government of Nepal with any foreign government or institution or international institution concerning the Fund.
(i) To invest the money of the Fund, not contrary to the interest of the Fund, in the purchase of shares, debentures or any other type of bonds of any other institution established pursuant to prevailing law.
(j) To approve plans and programs submitted to the Fund.
(k) To arrange for the annual audit of the Fund.
(l) To submit an annual report of the activities carried out by the Fund during the year and the annual audit report to the Government of Nepal.
(m) To approve the organizational structure of the Fund and create necessary posts accordingly.
(n) To perform other necessary functions to achieve the objectives of the Fund. 7. Fund may Charge Service Fee: The Fund may charge a service fee as prescribed, for providing consultancy services related to town development to bodies related to town development. 8. Fund may Mobilize Financial Resources: The Fund may mobilize necessary financial resources, including loans, grants, donations, gifts, from the Government of Nepal, governmental and non-governmental institutions, foreign governments or institutions, international institutions or agencies, for operating programs in line with its objectives.
Town Development Fund Act, 1997

8. Fund may Mobilize Financial Resources: The Fund may mobilize necessary financial resources, including loans, grants, donations, gifts, from the Government of Nepal, governmental and non-governmental institutions, foreign governments or institutions, international institutions or agencies, for operating programs in line with its objectives. Provided that, before taking financial resources from foreign governments or institutions, international institutions or agencies, the Fund shall obtain the approval of the Government of Nepal. 9. May Issue and Purchase Bonds: (1) The Fund may issue and purchase debentures and any other types of bonds, following the procedure according to prevailing law.

(2) While issuing and purchasing debentures and any other types of bonds pursuant to sub-section (1), the Fund shall follow the prescribed procedure. 10. Power to Impose Conditions: (1) While providing a loan or grant to a body related to town development, the Fund shall make a written agreement, imposing conditions as necessary for the protection of its interest and the proper use of the loan or grant provided by it.

(2) While making an agreement pursuant to sub-section (1), the Fund may stipulate a condition that it may fix a deadline of any duration, and that if the condition prescribed by the Fund is breached, the borrower may be required to repay the principal and interest of the loan taken, or that the amount may be recovered from the collateral, mortgage or other property and guarantee documented by the borrower.

(3) The Fund may impose conditions to provide the loan in installments, as prescribed, by way of cash, cheque, promissory note or any other such means, calculating interest from the date of receipt of each installment of the total loan amount to be given to the borrower. 11.
Town Development Fund Act, 1997

11. Powers of the Fund in Case of Breach of Condition: (1) If any borrower, contrary to the agreement made pursuant to Section 10, fails to repay the loan, interest and outstanding advance payable to the Fund and breaches a condition mentioned in the agreement made with the Fund, or if sufficient grounds appear that such loan amount cannot be recovered from the borrower, even if the term has not expired, the Fund may demand repayment of the amount due from the borrower, or take possession of the property kept as collateral at the time of lending or other properties of such borrower pursuant to prevailing law and utilize it, lease or rent it out, or sell it by auction, tender or mutual negotiation, and recover the amount due to it.

(2) In case the Fund takes possession of the borrower's property and sells it by auction, tender or mutual negotiation pursuant to sub-section (1), after taking the amount due to the Fund, the excess amount, if any, shall be returned to the concerned borrower.

(3) If the borrower's property cannot be sold by auction, tender or mutual negotiation despite repeated attempts pursuant to sub-section (1), or if selling at the price obtained does not appear to be in the interest of the Fund, the Fund may itself take ownership of the borrower's property after fixing its value as prescribed. 12. Fund's Right not Extinguished: (1) The Fund's right over the collateral shall not be extinguished merely by the reason that the Fund has not taken action to take possession of the collateral or recover the loan within the term mentioned in the deed under which the Fund took any property as collateral.

(2) If, as per the condition mentioned in the agreement, the Fund has taken possession of the collateral, used or occupied it, rented or leased it out, or given it to others to operate on profit-sharing basis, the Fund's right to charge interest and additional fees for non-payment of the installments of the loan amount recoverable or to sell the collateral shall not be affected merely by such reason. 13. Security of Loan Investment of the Fund: If a body related to town development or any institution in which the Fund has invested a loan is dissolved or ceases to exist, the Fund shall have the first claim on the assets of such body or institution. Chapter-3
Constitution, Functions, Duties and Powers of the Committee

14.
Town Development Fund Act, 1997

Chapter-3
Constitution, Functions, Duties and Powers of the Committee

14. Constitution of the Committee: (1) A Board of Directors shall be constituted to operate or cause to operate necessary programs systematically for achieving the objectives of the Fund and to oversee and manage all activities of the Fund.

(2) The Committee shall consist of the following members:-

Amended by Some Nepal Acts Amendment Act, 2075 (2018).(a) Secretary, Ministry of Urban Development – Chairperson
(b) Representative, Ministry of Finance (Gazetted First Class) – Member
Amended by Some Nepal Acts Amendment Act, 2075 (2018).(c) Representative, Ministry of Federal Affairs and General Administration (Gazetted First Class) – Member
Amended by Some Nepal Acts Amendment Act, 2075 (2018).(d) Seven persons, including at least three women, nominated by the Government of Nepal from among the Mayors or Deputy Mayors of municipalities, ensuring representation from each Province – Members
(e) Two persons nominated by the Committee, one being an economist specialized in the field of financial institution operation or a technical person holding a postgraduate degree in engineering and working in the field of town development, or representing bodies related to town development – Members
Added by Some Nepal Acts Amendment Act, 2075 (2018).(d1) Three persons, including at least one woman, specified by the Ministry from among persons having expertise in town development on the basis of inclusiveness – Members
(f) Executive Director – Member-Secretary
Added by Some Nepal Acts Amendment Act, 2082 (2025).(2a) If there is a need to discuss matters relating to taking action against the Executive Director, the senior-most officer of the Fund shall act as Member-Secretary in the meeting of the Committee.

(3) The term of office of the nominated members pursuant to clauses (d) and (e) of sub-section (2) shall be two years. If a nominated member's position falls vacant before the expiry of the term, the vacancy shall be filled for the remaining period through the same procedure by which it was filled.

(4) The Committee may, if it deems necessary, invite any domestic or foreign expert, consultant or distinguished person related to town development work to participate as an observer in the meeting of the Committee. 15. Meetings and Decisions of the Committee: (1) A meeting of the Committee shall be held at the date, time and place specified by the Chairperson.
Town Development Fund Act, 1997

15. Meetings and Decisions of the Committee: (1) A meeting of the Committee shall be held at the date, time and place specified by the Chairperson. Provided that the meeting of the Committee shall be held at least six times a year.

(2) If at least one-third of the members make a written request to call a meeting of the Committee, the Member-Secretary of the Committee shall, with the approval of the Chairperson, call a meeting of the Committee.

(3) The Member-Secretary of the Committee shall provide the members with the agenda of subjects to be discussed in the meeting along with the notice of the meeting.

(4) The meeting of the Committee shall be presided over by the Chairperson, and in his/her absence, by a member chosen by the members from among themselves.

(5) If more than fifty percent of the total number of members are present, it shall be deemed to constitute a quorum for the meeting of the Committee.

(6) The decision of the majority in a meeting of the Committee shall be binding, and in case of a tie, the person presiding over the meeting shall have the casting vote.

(7) In each meeting of the Committee, the names of members present, subjects discussed, and decisions made in the meeting shall be recorded in a separate minute book and signed by the members present.

(8) Decisions made by the Committee shall be certified by the Member-Secretary of the Committee.

(9) Other procedures relating to the meeting of the Committee shall be as determined by the Committee itself. 16. Functions, Duties and Powers of the Committee: (1) Subject to this Act and the rules and regulations made under this Act, it shall be the duty of the Committee to perform all activities to be done by the Fund and to exercise all powers vested in and perform duties of the Fund.

(2) In addition to the functions, duties mentioned in sub-section (1), it shall be the duty of the Committee to perform other functions necessary for achieving the objectives of the Fund. 17. May Constitute Sub-Committees: (1) The Committee may constitute sub-committees as required for conducting its business.

(2) The functions, duties, powers, jurisdiction and procedures of the sub-committees constituted pursuant to sub-section (1) shall be as specified by the Committee. Chapter-4
Provisions Relating to Executive Director and Employees

18.
Town Development Fund Act, 1997

17. May Constitute Sub-Committees: (1) The Committee may constitute sub-committees as required for conducting its business.

(2) The functions, duties, powers, jurisdiction and procedures of the sub-committees constituted pursuant to sub-section (1) shall be as specified by the Committee. Chapter-4
Provisions Relating to Executive Director and Employees

18. Executive Director: (1) The Committee shall appoint one Executive Director from among persons possessing the prescribed qualifications on the basis of open competition for conducting the daily business of the Fund as its administrative chief.

(2) Notwithstanding anything contained in sub-section (1), until the post of Executive Director is filled, the Government of Nepal may, after consultation with the Committee, designate a senior employee of the Committee to act as Executive Director for a maximum period of three months.

(3) The term of office of the Executive Director shall be four years.

(4) Provisions relating to the remuneration, terms of service and facilities of the Executive Director shall be as prescribed.

(5) Notwithstanding anything contained in sub-section (3), if the Executive Director performs any act causing loss or damage to the Fund or acts contrary to the policies and directives of the Committee, the Committee may, following the prescribed procedure, remove him/her from the post of Executive Director. 19. Functions, Duties and Powers of the Executive Director: (1) The functions, duties and powers of the Executive Director shall be as follows:-

(a) To implement or cause to implement the decisions of the Committee.
(b) To prepare the long-term and short-term plans, annual programs and budget of the Fund and submit them to the Committee for approval.
(c) To implement or cause to implement plans and programs approved by the Committee.
(d) To supervise and inspect the daily work of the Fund and perform necessary functions in accordance with the objectives of the Fund.
(e) To inspect the plans and programs implemented through the Fund's investment and submit progress reports thereof to the Committee.
(f) To prepare annual and periodic reports of the programs operated by the Fund and submit them to the Committee.

(2) Other functions, duties and powers of the Executive Director, besides those mentioned in sub-section (1), shall be as prescribed. 20. Provisions Relating to Employees: (1) There shall be a necessary number of employees in the Fund for the smooth operation of the Fund's work.

(2) The appointment, remuneration, facilities and terms of service of the employees of the Fund shall be as prescribed. Chapter-5
Fund and Audit

21.
Town Development Fund Act, 1997

20. Provisions Relating to Employees: (1) There shall be a necessary number of employees in the Fund for the smooth operation of the Fund's work.

(2) The appointment, remuneration, facilities and terms of service of the employees of the Fund shall be as prescribed. Chapter-5
Fund and Audit

21. Fund: (1) The Fund shall have its own separate fund, and the following amounts shall be deposited therein:-

(a) Amount received from the Government of Nepal.
(b) Assistance, grants or loans received from foreign governments, national or international associations or institutions.
(c) Donations or gifts received from domestic or foreign associations, institutions or individuals.
(d) Fees received for services and consultancy provided to bodies related to town development.
(e) Amount raised from investments made by the Fund.
(f) Amounts received by issuing debentures and any other types of bonds.
(g) Amount earned from the movable and immovable property of the Fund.
(h) Amount received by the Fund from any other source.

(2) All amounts received by the Fund pursuant to sub-section (1) shall be deposited by opening an account in any commercial bank located in Nepal Deleted by the Republic Strengthening and Some Nepal Laws Amendment Act, 2066 (2009)..

(3) All expenses incurred on behalf of the Fund shall be borne from the amount deposited in the Fund pursuant to sub-section (1).

(4) The operation of the Fund shall be as prescribed. 22. Accounts and Audit: (1) The accounts of income and expenditure of the Fund shall be maintained as prescribed.

(2) The annual audit of the income and expenditure of the Fund shall be carried out by an auditor appointed by the Committee, from among auditors recognized by the Auditor General, after consultation with the Auditor General.

(3) The Fund may, if it deems necessary, arrange for an internal audit of the Fund by any auditor.

(4) The Government of Nepal may, if it so desires, inspect or cause to inspect the annual accounts of the Fund at any time. Chapter-6
Miscellaneous

23. Exemptions to the Fund: No income ticket or registration fee shall be chargeable on transactions when the Fund takes collateral by way of a deed from a borrower or guarantor, or takes ownership of the collateral property transferred in the Fund's name, or purchases or sells immovable property. 24. Repealed by the Income Tax Act, 2058 (2001). 25. Not to Participate in Decision-Making Process: No member or employee of the Fund shall participate in any decision-making process of the Fund concerning any subject matter in which he/she has a personal interest. 26.