3. Establishment of Fund (1) Section 73B of the Act. According to this, a fund named Civilian Employees Welfare Fund has been established.
(2) The following amount shall be deposited in the fund as per sub-rule (1):-
(a) Deducted amount of 0.3 (zero fifty-three) percent of the monthly salary of the bonded employee,
(b) an amount deducted at 0.3 (zero percent and three) percent of the ex-employee's pension,
(c) The amount deducted by five percent of the daily allowance received by the employees going on foreign tours to be borne by the Government of Nepal,
(d) The amount deducted by two percent of the allowance received by the employee for participating in the government meeting,
(e) amount provided by the Government of Nepal,
(f) Funds received from international associations, organizations, foreign governments or individuals,
(g) Amounts received by the Fund from any other source.
(3) Prior approval of the Ministry of Finance should be obtained before receiving the amount as per clause (f) of sub-rule (2).
(4) The amount according to sub-rule (2) shall be opened and deposited in a separate account in the name of the fund in a licensed "A" class bank in accordance with the prevailing laws regarding banks and financial institutions designated by the board of directors.
(5) The amount to be deducted in accordance with clauses (a) and (b) of sub-rule (2) in cases where the amount is paid by the office where the employee is employed and when deducting the amount in accordance with clauses (c) and (d), such allowance shall be paid by the office that pays the daily allowance and meeting allowance. You will have to cut during the time.
(6) The amount deducted according to sub-rule (5) shall be deposited directly by the office located in Kathmandu sub-district and by the office located in districts other than Kathmandu Valley through the office of the controller of finance and accounts of the respective district in the account according to sub-rule (4).
(7) The managing member-secretary of the fund account and the chief accountant of the fund shall have joint signatures.
(8) According to sub-rule (1), the details of the accumulated amount will be made public annually by the Board of Directors.