Rule 3
Establishment Of The Fund
A Fund named Peace Fund is hereby established.
(1) Assistance as follows, in cash or kind, shall be credited to the Fund as referred to in Sub-rule (1): –
(a) Received from the Government of Nepal;
(b) Received from foreign governments or persons, international associations and organizations;
(c) Received from non-resident Nepalese;
(d) Received from international charity;
(e) Received from Nepalese associations, organizations or persons;
(f) Received from other sources.
(2) The assistance received in cash as per Sub-rule (1) shall be deposited in the central treasury of the Government of Nepal.
(3) The Board shall receive the required amount for the administrative expenses of the Secretariat and also for funding the Projects to be implemented by agencies other than that of the Government organizations, from the Government of Nepal from the amount deposited in cash pursuant to Sub-rule (3) and thereby deposit such amount by opening an account in the Nepal Rastra Bank in the name of the Fund.
(4) The account as referred to in Sub-rule (4) shall be operated as decided by the Board.
(1) Assistance as follows, in cash or kind, shall be credited to the Fund as referred to in Sub-rule (1): –
(a) Received from the Government of Nepal;
(b) Received from foreign governments or persons, international associations and organizations;
(c) Received from non-resident Nepalese;
(d) Received from international charity;
(e) Received from Nepalese associations, organizations or persons;
(f) Received from other sources.
(2) The assistance received in cash as per Sub-rule (1) shall be deposited in the central treasury of the Government of Nepal.
(3) The Board shall receive the required amount for the administrative expenses of the Secretariat and also for funding the Projects to be implemented by agencies other than that of the Government organizations, from the Government of Nepal from the amount deposited in cash pursuant to Sub-rule (3) and thereby deposit such amount by opening an account in the Nepal Rastra Bank in the name of the Fund.
(4) The account as referred to in Sub-rule (4) shall be operated as decided by the Board.