The Board shall have the
following functions, duties and powers in addition to the functions and
duties provided in Section 5 of the Act :-
(a) To execute or cause to execute the policy of Government
of Nepal in relation to the Transaction of Securities.
(b) To inspect or supervise the working plan arrangement of
the Stock Exchange and Securities Entrepreneur for
regularising and systematising the Transaction of
Securities.
(c) To prescribe the terms and conditions to be followed by the
Securities Entrepreneur while issuing and managing the
sales of the Securities.
(d) To prescribe the terms and conditions to be followed by
Stock Exchange and Securities Entrepreneur while carrying
out the Transaction of Securities.
(e) To approve the Bye-Laws of the Stock Exchange.
(f) To approve the number of employee needed to the Board
and appoint.
(g) To obtain the information, data or particulars of the
Corporate Body which have listed their Securities as per
necessity and to arrange the system of viewing, if the
investor desires to see it.
7
Amended by Second Amendment.
(h) To make necessary arrangement for the operation of the
Stock Exchange in healthy, competitive, regular and
systematic manner.