Rule 3
Establishment Of Fund
3. Establishment of Fund:
(1) A Fund called as the Civil Servants’Contribution Fund has hereby been established.
(2) The Fund as referred to in sub-rule (1) shall consist of thefollowing amount of money:
(a) Any amount of money to be contributed by a civilservant on a voluntary basis,
(b) Any amount of money to be received from theGovernment of Nepal,
(c) Any amount of money to be received from anational organization, institution, person or retiredcivil servant,
(d) Any amount of money to be received from aninternational organization, institution, a foreigngovernment or a person,
(e) Any amount of money to be received from anyother source.
(3) Before receiving any amount of money as referred to in clause(d) of Sub-rule (2), it will be required to get the prior approval of theMinistry of Finance, the Government of Nepal.
(4) The amount of money as referred to in Sub-rule (2) shall bedeposited, by opening a separate account, into a Bank as designed by theCentral Committee and which has obtained a license in accordance withthe existing laws relating to financial institutions.
(5) The Account of the Fund shall be operated by the jointsignatures of the Chairperson and the Member-Secretary of the CentralCommittee.
(1) A Fund called as the Civil Servants’Contribution Fund has hereby been established.
(2) The Fund as referred to in sub-rule (1) shall consist of thefollowing amount of money:
(a) Any amount of money to be contributed by a civilservant on a voluntary basis,
(b) Any amount of money to be received from theGovernment of Nepal,
(c) Any amount of money to be received from anational organization, institution, person or retiredcivil servant,
(d) Any amount of money to be received from aninternational organization, institution, a foreigngovernment or a person,
(e) Any amount of money to be received from anyother source.
(3) Before receiving any amount of money as referred to in clause(d) of Sub-rule (2), it will be required to get the prior approval of theMinistry of Finance, the Government of Nepal.
(4) The amount of money as referred to in Sub-rule (2) shall bedeposited, by opening a separate account, into a Bank as designed by theCentral Committee and which has obtained a license in accordance withthe existing laws relating to financial institutions.
(5) The Account of the Fund shall be operated by the jointsignatures of the Chairperson and the Member-Secretary of the CentralCommittee.