9. Formation of Promotion Board:
(1) An International Financial Transactions Promotion Board consisting of the following members shall be formed to promote international financial activities and develop Nepal as a centre for international financial transaction:
(a) Minister or State Ministery of Finance -Chairperson
(b) Chairperson, Finance Committee, the House of  Representatives – Member
(c) Vice-Chairperson, National Planning Commission – Member
(d) Governor, Nepal Rastra Bank – Member
(e) Secretary, Ministry of Finance – Member
(f) Secretary, Ministry of Law and Justice – Member
(g) A person nominated by Government of Nepal from among persons having experience in
financial transactions – Member
(2) The Promotion Board may invite national or foreign experts or advisors involved in international financial transactions to participate at its
meeting as observers.
(3) The tenure of office of the member nominated under Clause (g) of Sub-section (1) shall be two years.
(4) An officer-level employee of Nepal Rastra Bank designated by the Promotion Board with the consent of the Nepal Rastra Bank shall act as the
Secretary of the Promotion Board.
(5) The working procedures of the meetings of the Promotion Board shall be as prescribed.
(6) The members of the Promotion Board shall be entitled to receive such allowances and benefits as may be prescribed.