: (1) Cooperative organizations participating in Stabilization Fund as per Section 103 of the Act may deposit the amount as per Clause (g) of Rule 27 Sub-rule (1).
(2) For the operation of the fund as per sub-rule (1), there will be the following committee:-
(a) Chairman, Nepal Savings and Credit Central Cooperative Association - Chairman (b) Representative, Ministry - Member (c) Representative, Ministry of Finance - Member (d) Representative, Nepal Rastra Bank - Member (e) Representative, Cooperative Department - Member (f) Representative, National Cooperative Development Board - Member (g) Representative, National Cooperative Federation - Member (h) President or his designated representative, National Cooperative Bank - Member (j) At least nominated by the Fund Management Committee from among the presidents of cooperatives participating in the Stabilization Fund Two people including one woman - Member (h) Executive Head, Nepal Savings and Agriculture Central Cooperative Association - Member-Secretary
(3) The term of office of the representative nominated in accordance with Clause (j) of sub-rule (2) shall be four years at most, not exceeding the period during which he is the chairman of his co-operative society.
(4) According to section 103 of the Act, an initial contribution of at least ten million rupees will be required when setting up a stabilization fund.
(5) When using the amount of the stabilization fund, the amount mentioned in sub-rule (4) shall be maintained in the minimum balance fund and used only after collecting additional contributions within six months.
(6) When the fund is raised or due to the use of the funds, if the amount due to the contribution of the participating cooperatives and other bodies does not reach the minimum required balance amount as per the sub-rule (%) according to sub-section (2) of section 103 of the Act, the Government of Nepal will make an additional contribution on behalf of the ministry. Can be given.
(7) According to sub-rule (6), the amount given by the Government of Nepal shall be returned to the Government of Nepal when the amount due to the contribution of cooperative organizations participating in the fund as well as other bodies is fulfilled.
(8) In addition to the purposes mentioned in sub-section (7) of section 103 of the Act, out of the amount of the Stabilization Fund "do not exceed a certain percentage of the income of the fundIt can be used for management expenses of the fund up to the limit set by the fund management committee.
(9) If the amount used in accordance with clauses (b) and (c) of sub-section (7) of section 103 of the Act is saved after paying the liability from the property of the related organization in accordance with section 108 or if it is possible to return it after such organization resumes operations, provision in the fund operation procedure It has to be returned to the fund as it is. (10) Establishment of Stabilization Fund, eligibility of participating institutions, conditions and restrictions of participation, use of funds and other arrangements related to fund operations shall be in accordance with the procedures approved by the Ministry.