Section 4
Tenure Of The Board And Directors
4.Tenure of the Board and Directors :
(1) Government of Nepal, to conduct the Corporation’s business, shall constitute a Seven member Board of Directors including the General Manager in case he/she has already been appointed. Government of Nepal, if deems necessary, may also appoint the private individuals, well-known in the field of commerce, finance and accounting or experienced in civil aviation and tourism.
(2) The term of office of Directors other than General Manager shall be of Four years and a Director, after expiry of his/her term, shall be eligible for reappointment.
Provided that, private individuals may be reappointed for only one other term.
(3) Notwithstanding anything contained in Sub-section (2), Government of Nepal may remove any Director before expiry of this tenure.
(4) Government of Nepal may appoint Chairperson and Deputy- Chairperson of the Board from among the Directors. The term of their office in the capacity of Chairperson and Deputy Chairperson shall be as desired by Government of Nepal.
(5) Government of Nepal may appoint the Chairperson, Deputy- Chairperson of any member of the Board as an Executive-Chairperson, Executive Deputy-Chairperson or Executive Director with the functions and duties of General Manager pursuant to this Act. The remuneration and other conditions of service of the Executive Chairperson, Executive Deputy- Chairperson or Executive Director appointed in such manner, shall be as fixed by Government of Nepal.
(6) Secretary of the Board shall endorse the decisions of the Board.
(7) Concerned Ministry shall propose the name of the persons to be appointed as Directors of the Board to Government of Nepal, six months prior to the expiry of the term pursuant to Sub-section (2)
(1) Government of Nepal, to conduct the Corporation’s business, shall constitute a Seven member Board of Directors including the General Manager in case he/she has already been appointed. Government of Nepal, if deems necessary, may also appoint the private individuals, well-known in the field of commerce, finance and accounting or experienced in civil aviation and tourism.
(2) The term of office of Directors other than General Manager shall be of Four years and a Director, after expiry of his/her term, shall be eligible for reappointment.
Provided that, private individuals may be reappointed for only one other term.
(3) Notwithstanding anything contained in Sub-section (2), Government of Nepal may remove any Director before expiry of this tenure.
(4) Government of Nepal may appoint Chairperson and Deputy- Chairperson of the Board from among the Directors. The term of their office in the capacity of Chairperson and Deputy Chairperson shall be as desired by Government of Nepal.
(5) Government of Nepal may appoint the Chairperson, Deputy- Chairperson of any member of the Board as an Executive-Chairperson, Executive Deputy-Chairperson or Executive Director with the functions and duties of General Manager pursuant to this Act. The remuneration and other conditions of service of the Executive Chairperson, Executive Deputy- Chairperson or Executive Director appointed in such manner, shall be as fixed by Government of Nepal.
(6) Secretary of the Board shall endorse the decisions of the Board.
(7) Concerned Ministry shall propose the name of the persons to be appointed as Directors of the Board to Government of Nepal, six months prior to the expiry of the term pursuant to Sub-section (2)