(1) There shall be a  managing committee consisting of the following members, for the purpose of
managing, operating, and monitoring the fund: –
(a) Ministry of population of environmental Chairperson Joint Secretary
(b) Joint-Secretary, National Paying commission -member
(c) Joint-Secretary, Ministry of finance – member
(d) Deputy Governor, Nepal Rastra Bank – Member
(e) President Federation of Nepalese chambers of Commerce and Industries – Member
(f) One person from among environmentalists or Chiefs of Environment related non- governmental Organization -Member
(g) Joint- Secretary (Environment Division) Ministry of Population and environment -Member -Secretary
(2) The member under Clause (f) of Sub Rule (1) shall be nominated by the Ministry and he/she shall have a tenure of two years.
(3) The Procedure relating to meetings of the Managing committee shall be a determined by the committee itself.