Section 44
Fund Of The Authority
(1) The Authority shall have its own separate fund and the fund shall consist of the following amounts: –
(a) Amount received from Government of Nepal.
(b) Amount received as fee for the issuance and renewal, amendment sale or transfer of the Licence.
(c) Amount received as grant from foreign government, organization or association.
(d) Amount received from any other sources.
(2) The Authority shall obtain the approval of Government of Nepal before receiving any amount pursuant to Clause (c) of Sub-section (1).
(3) The amount of the fund of the Authority shall be deposited to any bank located within Nepal and such bank account shall be operated as specified by the Authority.
(a) Amount received from Government of Nepal.
(b) Amount received as fee for the issuance and renewal, amendment sale or transfer of the Licence.
(c) Amount received as grant from foreign government, organization or association.
(d) Amount received from any other sources.
(2) The Authority shall obtain the approval of Government of Nepal before receiving any amount pursuant to Clause (c) of Sub-section (1).
(3) The amount of the fund of the Authority shall be deposited to any bank located within Nepal and such bank account shall be operated as specified by the Authority.