Section 33
To Be Owned By Government Of Nepal
(1) The land, building, plant, equipment and other structures related to the Telecommunications service developed with more than fifty percent of its investment by a foreign person or
corporate body shall be under the ownership of Government of Nepal after the expiry of the period of the Licence.
(2) The assets so owned by Government of Nepal pursuant to sub- section (1) may be purchased by the previous Licencee upon payment to
Government of Nepal at a price fixed pursuant to Sub-section (3) and after obtaining the Licence once again, the Telecommunications Service may be operated.
(3) For the purpose of fixation of price mentioned in Sub-section (2), Government of Nepal may, in consultation with the Authority, constitute a committee consisting five members at the maximum.
(4) In case of the Telecommunications Service operated with the investment of foreign person or corporate body up to fifty percent, the previous Licencee may, after the expiry of the period of the Licence, operate the Telecommunications Service by obtaining the Licence once again.
corporate body shall be under the ownership of Government of Nepal after the expiry of the period of the Licence.
(2) The assets so owned by Government of Nepal pursuant to sub- section (1) may be purchased by the previous Licencee upon payment to
Government of Nepal at a price fixed pursuant to Sub-section (3) and after obtaining the Licence once again, the Telecommunications Service may be operated.
(3) For the purpose of fixation of price mentioned in Sub-section (2), Government of Nepal may, in consultation with the Authority, constitute a committee consisting five members at the maximum.
(4) In case of the Telecommunications Service operated with the investment of foreign person or corporate body up to fifty percent, the previous Licencee may, after the expiry of the period of the Licence, operate the Telecommunications Service by obtaining the Licence once again.