Secured Transaction Act, 2063 (2006)
Section 4
Establishment Of Registration Office
(1) The Government of Nepal shall establish a Registration Office called as the Secured Transactions
Registration Office for registering notices as provided in this Act.
(2) Until the Registration Office is established pursuant to sub- section (1), the Government of Nepal may designate any office to perform the function of registering notices pursuant to this Act.
(3) In order to manage the affairs of the Registration Office, the Government of Nepal may appoint or designate at least gazetted class two or equivalent employee as the Registrar.
(4) The Registrar appointed or designated pursuant Sub-section (3) shall perform the functions and duties prescribed by this Act.
Secured Transaction Act, 2063 (2006)
Chapter - 4
Section 26: Maturality Of Security InterestSection 27: Continuity Of MaturitySection 28: Priority Among Security Interests In The Same CollateralSection 29: Priority Of Security Interest Over Right Of Lien HolderSection 30: Effect Of Purchase Of CollateralSection 31: Lessee Of CollateralSection 32: Notice Of Purchase Money Security InterestSection 33: Disposition Of Collateral And Proceed ThereofSection 34: Priority Of Purchase Money Security Interest In EquipmentSection 35: Priority Of Purchase Money Security Interest In Inventory Or LivestockSection 36: Priority Of Right Of RetentionSection 37: FixturesSection 38: CropsSection 39: AccessionsSection 40: Commingled GoodsSection 41: Purchase Of Secured Sales Contracts And InstrumentsSection 42: AssignmentSection 43: Restriction On Sale Or AssignmentSection 44: Future AdvancesSection 45: Alteration In Priority