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प्रस्तावना 0
Preamble
:- Since it is desirable to regulate the business related to the direct sale or distribution of goods and make it reliable, transparent and competitive to protect the rights and interests of ordinary consumers, the Legislature-Parliament has made this Act as per clause (1) of Article 296 of the Constitution of Nepal.
Live Sales (Management and Regulation) Act, 2074
Preamble - 0
Chapter - 2
Section 3: Direct sale or distribution of goods shall not be carried out without obtaining a license Section 4: Application to obtain a licenseSection 5: Who can grant a license Section 6: Non-granting of licenseSection 7: Can order to increase the paid-up capital or increase the bond Section 8: Provisions related to duration and renewal of license Section 9: Can cancel license Section 10: Provisions relating to transfer or change of ownership or liabilitySection 11: Not to do pyramid based business
Chapter - 3
Section 12: The licensee must comply with the conditions Section 13: Arrangements related to physical infrastructureSection 14: Agreement to be madeSection 15: Must submit details related to commission or bonusSection 16: To sell or distribute indigenous goods Section 17: Can return purchased goods Section 18: To be insured
Chapter - 4
Section 19: Work, Duties and Powers of the Department Section 20: To be inspected or investigatedSection 21: Appointing Inspection Officer Section 22: Duties, Duties and Rights of the Inspection Officer Section 23: Who can pay compensationSection 24: PenaltySection 25: Can be suspendedSection 26: Appealable
Chapter - 5
Section 27: Formation of the Board of Directors Section 28: Work, Duties and Powers of the Board of DirectorsSection 29: Meeting and Decision of the Board of DirectorsSection 30: Monitoring Committee Section 31: Work, Duties and Powers of the Monitoring Committee Section 32: Meeting and decision of monitoring committee Section 33: Special provisions related to direct sale or distribution of goods in the province
Chapter - 7
Chapter - 9
Section 43: Classification of licensee Section 44: Provisions related to social security Section 45: Records and Reporting Provisions Section 46: Details to be registered Section 47: Person who can change details Section 48: Details to be made publicSection 49: Information to be given in case of closure of businessSection 50: reSection 51: Who can give a copy of the license Section 52: Refund of bond or release of bank guaranteeSection 53: Can give instructions Section 54: Report to be submitted Section 55: Can be blacklisted Section 56: Delegation of authority Section 57: Power to make rules Section 58: Creating and implementing guidelines