Section 16
Fund Of The Foundation
(1) The Foundation shall have its separate fund.
(2) The fund shall consist of the following amounts:-
(a) Amount received from Government of Nepal,
(b) Loan amount received from a foreign government or international union and association,
(c) Donation, assistance, grant or any other amount to be received from a foreign government or international union
and association or person,
(d) Amount received as donation, assistance from a person or association,
(e) Amount received for the service made available by the Foundation,
(f) Amount received from any other sources.
(3) The Foundation shall be required to obtain the approval of Government of Nepal to receive the amount under Clause (b) of Sub-section (2) and shall be required to give pre information to Government of Nepal to receive the amount under Clause (c).
(4) All expenses to be incurred by the Foundation shall be borne from the fund under Sub-section (1).
(5) All amounts to be received by the Foundation shall be deposited into a bank by opening an account in the name of the Foundation in such bank.
(6) The operation of the account of the fund of Foundation shall be as prescribed.