27A. Power to frame Bye-law: The Corporation may within the limits of this Act and the Rules made under this Act, frame Bye-law to regulate all of its works and procedures. But the Corporation shall get permission of Government of Nepal while framing such Bye-laws as to regulate:-
(a) Functions, duties and powers of the director.
(b) Remuneration, allowance, gratuity, pensions and welfare fund for the employees of the Corporation.