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Section 26
Foreign Exchange Facility

(1) Industries with foreign investment may obtain the facility of foreign currency for the amount required for the following purposes after obtaining the approval of the Nepal Rastra Bank on the recommendation of the foreign investment approving body:-
(a) To pay the wages of foreign experts, technicians or managerial staff employed in the industry in accordance with section 27,
(b) To pay interest or debt on bonds or debentures issued in accordance with sub-section (1) of section 11,
(c) To withdraw foreign investment or accumulated funds in accordance with section 20.
(2) After being approved by Nepal Rastra Bank in accordance with sub-section (1), the foreign-invested industry may pay or use the amount as approved from the foreign currency held in the account of such industry as per section 25.
(3) According to Section 27, the foreign expert, technical or managerial staff employed in the industry may file income tax in Nepal in accordance with the prevailing law and take the amount saved from the amount of remuneration he receives to his country in convertible foreign currency.
(4) In accordance with sub-section (2) or (3), exchange of foreign currency shall be done at the open market rate of exchange.