Rule 3
Establishment Of Fund
(1) A Fund named Industrial Reformation Fund shall be established with an objective of identification of the
industries being frail due to domestic conflict and having the entrepreneurial potentiality and to reform such industries.
(2) The following amount shall be deposited in the Fund:
(a) Amount obtained from the Government of Nepal.
(b) Amount obtained from the Nepal Rastra Bank.
(c) Amount obtained from Bank and financial institution and participation of the entrepreneurs
intending to have reformation, and
(d) Amount obtained from other source.
(3) After coming into force of these Rules, fifty percent of total amount necessary for operation of Fund in the beginning shall be obtained from the Government of Nepal and the remaining fifty percent amount shall be obtained from the Nepal Rastra Bank and commercial banks.
industries being frail due to domestic conflict and having the entrepreneurial potentiality and to reform such industries.
(2) The following amount shall be deposited in the Fund:
(a) Amount obtained from the Government of Nepal.
(b) Amount obtained from the Nepal Rastra Bank.
(c) Amount obtained from Bank and financial institution and participation of the entrepreneurs
intending to have reformation, and
(d) Amount obtained from other source.
(3) After coming into force of these Rules, fifty percent of total amount necessary for operation of Fund in the beginning shall be obtained from the Government of Nepal and the remaining fifty percent amount shall be obtained from the Nepal Rastra Bank and commercial banks.