The functions, duties and powers of the Academy shall be as follows, in addition to the functions, duties and powers mentioned elsewhere in this Act:
(a) To formulate policies and programmes of the Academy;
(b) To collect, protect, maintain and do study and research works on music and dance arts;
(c) To create and publish, or cause to be created and published, research and innovative works on the music and dance discipline;
(d) To make provision for the honour, respect of and prizes to native and foreign persons who render outstanding contribution to the music and dance discipline;
(e) To establish libraries, museums, Rangamancha, theaters etc. relating to music and dance;
(f) To protect Bajas, musical instruments and music composing instruments of various tribes and communities of Nepal;
(g) To do study and research on, protect and maintain innovative/typical folk Dhun, folk music and folk dances of various tribes and communities of Nepal;
(h) To introduce the music and dance discipline of Nepal to the world;
(i) To make provision of academic fellowship for study and research on the music and dance discipline;
(j) To encourage relevant organizations and persons to develop and expand the music and dance discipline;
(k) To hold, or cause to be held, national and international symposia, workshops, conferences, festivals and competitions on the music and dance discipline;
(l) To establish and expand relations with organizations related with the music and dance discipline and exchange mutual cooperation with such organizations;
(m) To boost up and develop folk music and dance arts;
(n) To perform, or cause to be performed such other functions as may be  required for the accomplishment of the objectives of this Act.