(1) If the agreement contains any
grounds for reviewing the charges, the Board shall, subject to Section 35 of
the Act, fix the charges based on those grounds.
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(2) If the agreement does not contain any grounds for reviewing the
charges, the Board shall, subject to Section 35 of the Act, review the
charges, also having regard to the following grounds:
(a) Tax, royalty and other kind of amount required to be
paid by the licensee to the Government of Nepal,
(b) Economic and social standards of the users and
consumer price index,
(c) Proper benefits to be made by the licensee,
(d) Term of the license,
(e) Rate of depreciation,
(f) Other matters.