Section 34
Nationalisation Or Expropriation Not To Be Made
(1) No industry registered under this Act may be nationalised.
(2) No industry may, except for a public purpose, be expropriated directly or indirectly. If it is required to expropriate it for the public purpose, due process under the prevailing law shall be fulfilled.
(2) No industry may, except for a public purpose, be expropriated directly or indirectly. If it is required to expropriate it for the public purpose, due process under the prevailing law shall be fulfilled.
Industrial Enterprises Act, 2020
Chapter - 2
Section 3: Industry To Be RegisteredSection 4: Provisions Relating To Registration Of IndustriesSection 5: Industry Registration Certificate To Be GivenSection 6: ComplaintSection 7: Adverse Effects On Environment To Be MitigatedSection 8: Permission To Be ObtainedSection 9: Information Of Commencement Of Operation, Commercial Production Or Transaction Of Industry To Be GivenSection 10: Monitoring And Inspection To Be MadeSection 11: Approval To Be Obtained For Change Of Location Of IndustrySection 12: Approval Required To Increase Capital, Capacity And Add Or Change Objectives Of IndustrySection 13: Details To Be SubmittedSection 14: Information Of Closure Of Industry To Be GivenSection 15: Application For Cancellation Of Registration Of IndustrySection 16: Records To Be Managed
Chapter - 5
Section 24: Exemptions, Facilities Or Concessions Relating To Income TaxSection 25: Exemptions, Facilities Or Concessions Relating To Customs DutySection 26: Other Facilities And Concessions For Micro-industriesSection 27: Additional Facilities For Female EntrepreneursSection 28: Special Provisions Relating To Industries Operated In Industrial RegionSection 29: Additional Facilities And ConcessionsSection 30: Provisions Relating To LandSection 31: Provision Of Land On LeaseSection 32: Exemption On Land CeilingSection 33: Guarantee Of Incentives, Exemptions, Facilities Or ConcessionsSection 34: Nationalisation Or Expropriation Not To Be MadeSection 35: Provision Relating To Industrial SecuritySection 36: Prohibition On Misusing Incentives, Exemptions, Facilities Or Concessions
Chapter - 9
Section 47: Provisions Relating To Special Economic ZoneSection 48: Provisions Relating To Nepal Business ForumSection 49: Industrial Human ResourceSection 50: Production Through ContractSection 51: Industy And Investment Promotion FundSection 52: Provincial Industrial And Investment Promotion FundSection 53: Facilities Not To Be Provided In DuplicationSection 54: Provisions Relating To Corporate Social ResponsibilitySection 55: Power To Declare Industrial Village, Industrial Cluster, Industrial Zone, Special Economic Zone Or Industrial CorridorSection 56: Prohibition Onmaking Building Or SettlementSection 57: Electronic Means May Be UsedSection 58: Provisions Relating To Automatic Approval Process May Be MadeSection 59: Power Of Attorney May Be GivenSection 60: Special Provisions Relating To Extension Of Time-limit Or Re-registrationSection 61: Power Of Local Level To Perform Functions Relating To Administration Of IndustriesSection 62: Application May Be MadeSection 63: Delegation Of PowersSection 64: Power To Remove DifficultiesSection 65: Power To Make Alteration In The ScheduleSection 66: This Act To PrevailSection 67: Power To Make RulesSection 68: Power To Make And Enforce Directives, Procedures Or StandardsSection 69: Repeal And Saving