Section 29
Establishment And Operation Of Welfare Fund
(1) A welfare fund may be established for the welfare of incumbent and ex-personnel of the Nepal Army and their families.
(2) The following amounts shall be credited to the Fund as referred to in Sub-section (1):
(a) The amounts deducted in the prescribed percentage from the fund received for rendering service by the
Nepal Army while deployed in peace keeping missions in any part of the world on the request of the United
Nations Organizations,
(b) The amounts saved from meeting the cost of welfare activities which are conducted from the interest of the
fund deposited in various Banks and financial institutions,
(c) The income amounts received from the investment on welfare activities as prescribed.
(d) The amounts deposited as the principal amount in various banks and financial institution from Aashad
2032 B.S. to the date of commencement of this Act and the interest received from those amounts.
(e) The movable and immovable property of the institutions prescribed by the Army Headquarters and
amounts increased therefrom.
(f) The movable and immovable property being used by the Nepal Army and amounts increased therefrom.
(3) There shall be a Seven member Army Welfare Fund Operation and Management Committee as following, to operate the welfare fund pursuant to Sub-section (1) comprising:-
(a) Chief of Army Staff Chairperson
(b) Two persons nominated by the Patron from amongst the serving and ex- Member
military officers
(c) Two persons nominated by the Chief of Army Staff from amongst the serving and ex-military officers Member
(d) Representative from the Ministry of Finance (gazetted first class officer) Member
(e) Representative from the Ministry of Defence (gazetted first class officer) Member
(4) There shall be a Welfare Planning Directorate in the Army Headquarters to assist the daily functions of the Committee. The functions, duties and powers of the Directorate shall be as prescribed.
(5) The amount as accumulated in the Fund pursuant to Sub-section (2) shall be expended for the welfare of serving and ex-personnel of the Nepal Army and their families.
Explanation: For the purpose of this Section “family” means husband or wife, son, daughter and mother and father; as well as mother-in- law and father-in-law in the case of female employees; whom the retired or
incumbent employee of the Nepal Army is responsible for taking care,
(2) The following amounts shall be credited to the Fund as referred to in Sub-section (1):
(a) The amounts deducted in the prescribed percentage from the fund received for rendering service by the
Nepal Army while deployed in peace keeping missions in any part of the world on the request of the United
Nations Organizations,
(b) The amounts saved from meeting the cost of welfare activities which are conducted from the interest of the
fund deposited in various Banks and financial institutions,
(c) The income amounts received from the investment on welfare activities as prescribed.
(d) The amounts deposited as the principal amount in various banks and financial institution from Aashad
2032 B.S. to the date of commencement of this Act and the interest received from those amounts.
(e) The movable and immovable property of the institutions prescribed by the Army Headquarters and
amounts increased therefrom.
(f) The movable and immovable property being used by the Nepal Army and amounts increased therefrom.
(3) There shall be a Seven member Army Welfare Fund Operation and Management Committee as following, to operate the welfare fund pursuant to Sub-section (1) comprising:-
(a) Chief of Army Staff Chairperson
(b) Two persons nominated by the Patron from amongst the serving and ex- Member
military officers
(c) Two persons nominated by the Chief of Army Staff from amongst the serving and ex-military officers Member
(d) Representative from the Ministry of Finance (gazetted first class officer) Member
(e) Representative from the Ministry of Defence (gazetted first class officer) Member
(4) There shall be a Welfare Planning Directorate in the Army Headquarters to assist the daily functions of the Committee. The functions, duties and powers of the Directorate shall be as prescribed.
(5) The amount as accumulated in the Fund pursuant to Sub-section (2) shall be expended for the welfare of serving and ex-personnel of the Nepal Army and their families.
Explanation: For the purpose of this Section “family” means husband or wife, son, daughter and mother and father; as well as mother-in- law and father-in-law in the case of female employees; whom the retired or
incumbent employee of the Nepal Army is responsible for taking care,