The charges shall be reviewed
according to the conditions, if any, mentioned in the agreement in respect
of reviewing the charges, and failing such conditions, the charges shall be
reviewed on the following conditions:
(a) Where the agreement does not mention specific charges but does
mention any specific method only, in every Five years,
(b) Where the agreement mentions that the licensee is entitled to a
certain percent profit accrued from the operation of the project, and
the rate of such profit is changed,
(c) Where the agreement contains a provision that the Government of
Nepal is entitled to a certain royalty or profit accrued from the
project, and the Government of Nepal intends to give up or decrease
such royalty or profit to decrease charge,
(d) Where the term of the agreement is altered,
(e) Where the application made by the licensee, showing any specific
reason, to have the charges reviewed appears to be reasonable,
(f) Where the Ministry, showing any specific reason, thinks it necessary
to review the charges.