(1) If the Board is of the opinion that the Fund has to be dissolved for any reason, the Board shall submit to the general meeting a report setting out the reason for the same, and if a Two-Thirds majority of
the general meeting decides to dissolve the Fund, the Fund may be dissolved with the approval of the Government of Nepal.
(2) In the event of dissolution of the Fund pursuant to Sub-section (1), the institutions which are members of the Fund shall bear the liabilities of the Fund.