(1)  * The Nepal Government may constitute an Insurance Tariff Advisory Committee to provide necessary advice and recommendation to the Board relating to the determination of the tariff of the Insurance Business consisting the members as follows :
(a) Chairperson, Insurance Board –Chairperson
(b) Three persons from among the Chief of Insurers
as nominated by the Nepal Government –Member
(c) Secretary, Insurance Board –Member-Secretary
(2) The procedures regarding to the meeting of the Advisory
Committee shall be as determined by the Committee itself.
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Inserted by 2 nd Amendment
* Amended by 1 st amendment
(3) The functions, duties and powers of the Advisory Committee shall be as prescribed.