: To build, develop and expand cities in Nepal and to conduct basic social services and income-generating projects in cities and to develop the city in a systematic manner by providing necessary financial and technical support to the agencies related to city development that operate such services and projects. , since it is desirable to make arrangements regarding the establishment and operation of the Urban Development Fund, Parliament has made this Act in the twenty-fifth year of the reign of Shri 5th Maharajadhiraj Birendra Bir Bikram Shahdev.