The Fund may do the following
acts for the mobilization of its balance/inventories and assets:
(a) To make investment in cash certificates or fixed deposits of banks
within Nepal;
(b) To lend moneys to any industry or body corporate, on such terms
and interest as specified by the Fund;
(c) To operate housing projects and sell, distribute or rent houses and
lands to the employees;
(d) To construct buildings and rent them;
(e) To make investments in appropriate sectors, taking into
consideration of the security of the Fund;
(f) With the approval of the Nepal Rastra Bank (Central Bank), to do
acts of a commercial bank, insurance, financial institution, do hire
purchase related business, purchase the shares or debentures of abody corporate and public company and lend moneys against the
security of shares;
(g) To do all such other acts as may be incidental in the course of doing
acts as required to be done under this Act.