(1) In addition to the duties, duties and powers mentioned in Section 14 of the Act, the other duties, duties and powers of the Executive Head shall be as follows:
(a) Running the office and doing the daily administration of the office,
(b) Appointing employees according to the ranks approved by the board (c) To give necessary instructions to the employees to implement or carry out the decisions or instructions made by the Board,
(d) Except as otherwise written in the Act or these regulations, to perform the work and duties to be done on behalf of the Board or the office and exercise the authority,
(e) To use, spend or make public purchases from the amount received from the Government of Nepal for the board in accordance with prevailing laws,
(f) preparing and updating the list of properties or assets of the Board,
(g) According to Section 5 of the Act, the following matters to be done by the Board shall be prepared and submitted to the Board for discussion and approval:-
(1) The draft policy referred to in clause (a),
(2) the draft procedure referred to in the restrictive phrase of clause (e),
(3) The project analysis criteria mentioned in section (f) and the draft related to determining investment conditions,
(h) To submit the draft guidelines or procedures to be made by the board before the board for approval.