(1) For the purpose of carrying out the objectives of this Act, the Fund may frame necessary Rules and
such Rules shall came into force after being approved by the Government of Nepal.
(2) For the smooth functioning of its’ business the Fund may, subject to the Rules made under Sub-section (1), frame necessary Bye-Laws.
34 Effect of the inoperativeness of Poverty Alleviation Fund Ordinance, 2063 : With the poverty alleviation fund ordinance 2063 being inoperative unless a different intention appears, the inoperativeness shall
not;
(a) revive anything in force or existing at the time at which the ordinance became inoperativeness;
(b) affect the matter in operation as per the ordinance or anything duly done or any punishment suffered there
under;
(c) affect any right, privilege, obligation or liability acquired, accrued or incurred under the ordinance;
(d) affect any penalty, punishment or forfeiture incurred under the ordinance;
(e) affect any action or remedy made or taken in respect of any such right, privilege, obligation, liability,
penalty or punishment aforesaid; and any such legal proceeding or remedy may be instituted, continued or
enforced as if the ordinance was in force.