You are viewing the translated version of No Function Shall Be Void.
Section 26
No Function Shall Be Void
No act or activity of the Fund shall be void only for a reason that a post of a member of the Board falls vacant.
Town Development Fund Act, 2053 (1997)
Chapter - 2
Section 3: Establishment Of FundSection 4: Fund Shall Be An Autonomous BodySection 5: Objectives Of The FundSection 6: Functions, Duties And Powers Of The FundSection 7: Fund May Collect Necessary Service ChargeSection 8: Fund May Collect Financial ResourcesSection 9: Bond May Be Issued And PurchasedSection 10: Power To Put Terms And ConditionsSection 11: Power Of The Fund In Case Of A Default Of An AgreementSection 12: Power Of The Fund Not To Be TerminatedSection 13: Protection Of Loan Investment Made By The Fund
Chapter - 6
Section 23: Rebate To Be Provided To The FundSection 24: XxxxxxxSection 25: Restriction To Participate In Decision Making ProcessSection 26: No Function Shall Be VoidSection 27: Oath Of Secrecy And HonestySection 28: Annual ReportSection 29: This Act To PrevailSection 30: Meeting AllowanceSection 31: Government Of Nepal May Issue Order Or DirectivesSection 32: Delegation Of PowerSection 33: Government Of Nepal May Dissolve The FundSection 34: Property And Liability To Be TransferredSection 35: Liaison With The Government Of NepalSection 36: Power To Frame Rules And Bye-lawsSection 37: Repeal And Saving