(1) There shall be a separate fund entitled the Legislature-Parliament Development Fund for activities relating to the physical construction and restructuring, development of information technology, standardization of library, capacity building of the Office-bearers, Members and Members of the Legislature-Parliament, and the following amounts shall be credited to that Fund:
(a) Amounts received from the Government of Nepal,
(b) Amounts received in form of grant and aid from any foreign government, foreign diplomatic mission, national and international organization or body,
(c) Amounts received from other sources.
(2) The Committee may obtain grant and aid from any foreign government, foreign diplomatic mission, national and international organization or body. Information of the grant and aid so obtained shall be given to the Ministry of Finance.
(3) The provisions relating to the operation of the Fund as referred to in sub-section (1) shall be as prescribed