Section 25A
Provisions Relating To Sick Industries
25a. Provisions relating to Sick Industries:
( 1) If any industry is being operated in loss for a consecutive period of five years and its production level is twenty percent or less than twenty percent of the total production capacity, Government of Nepal may, if it deems necessary, declare it a sick industry by notification published in the Nepal Gazette.
(2) No duty, fee and tax of any kind shall be levied on the machinery imported by any industry as referred to in Sub-section (1) for the extension and
diversification of such industry.