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Section 30
Transfer of Assets and Liabilities

(1) The assets of the Air Transport Service and Facility Development Plan operated by the Government of Nepal before the commencement of this Act shall be appraised by the Government of Nepal and transferred to the Authority as capital investment of the Government of Nepal after the commencement of this Act. But if any such plan is transferred without completion, the assets of such plan will be evaluated only after the completion of the plan.
(2) When transferring a plan operated by receiving a loan from a foreign government, foreign or international association, organization to the authority in accordance with sub-section (1), the authority shall pay the necessary amount to the Nepal government for the principal and interest to be paid by the Nepal government for such loan under the conditions specified by the Nepal government. will be done.
(3) Schemes operated with assistance or subsidy from foreign governments, foreign or international associations, organizations, or schemes operated by the Government of Nepal at its own expense, when transferred to the authority in accordance with sub-section (1), the assets of such schemes shall remain as capital investment of the Government of Nepal.