Rule 8
Functions Not To Be Done By The Committee
8. Functions not to be done by the Committee:
The Committee shall not do or cause to do any of the following functions:
(a) To give loan to a member or to the joint family of a member by mortgaging or not mortgaging a property.
(b) To invest in any other financial institutions except for the “A” class bank.
(c) To provide for any facilities without the prior approval of Government of Nepal
The Committee shall not do or cause to do any of the following functions:
(a) To give loan to a member or to the joint family of a member by mortgaging or not mortgaging a property.
(b) To invest in any other financial institutions except for the “A” class bank.
(c) To provide for any facilities without the prior approval of Government of Nepal