Section 3
Establishment Of The Retirement Fund
At least three institutions may mutually establish a Retirement Fund by obtaining approval of the Government of Nepal.
Retirement Fund Act, 2042 (1985)
Chapter - 2
Section 3: Establishment Of The Retirement FundSection 4: Provisions Relating To Application Of Establishment Of Retirement Fund And ApprovalSection 5: Fund To Be Autonomous Body CorporateSection 6: Formation Of The Board Of DirectorsSection 7: Acts Not To Be InvalidSection 8: Meetings Of The BoardSection 9: Relation Between The Government Of Nepal And The FundSection 10: To Be A Member Of The FundSection 11: Appointment Of General Manager
Chapter - 4
Section 18: Mandatory Deduction Of Money From Salary Of EmployeesSection 19: Acts To Be Done By The Fund After Payment Of Money To The FundSection 20: Prohibition On Withdrawal Of MoneysSection 21: Power Of The Fund To Do Acts For The Welfare Of EmployeesSection 22: Interest And Other Amounts To Be ProvidedSection 23: Fund Deduction To Be RefundedSection 24: To Give Notice To The Fund About The Condition Of EmployeeSection 25: No Relation Of Institution With The FundSection 26: Transfer Of CapitalSection 27: Security Of FundSection 28: Acts That May Be Done By The FundSection 29: No Fee To Be Levied
Chapter - 6
Section 32: Deposit Of Amounts Set Aside For Gratuity And PensionSection 33: Saving Against Loss And DamageSection 34: DissolutionSection 35: Inspection And DirectionSection 36: Power To Frame RulesSection 37: Power To Frame Bye-lawsSection 38: Removal Of DifficultiesSection 39: The Laws In Force To Prevail