Section 18
To Obtain Prior Approval Of The Government Of Nepal
The Corporation shall not do the following act without obtaining prior approval of the Government of Nepal:
(a) To expend capital to purchase or obtain any immovable property valued at more than One Hundred Thousand Rupees, or (b) To take or furnish security of any immovable property for a term more than Five years, or
(c) To sell or transmit any property or right or facility valued at more than Fifty Thousand Rupees.
(a) To expend capital to purchase or obtain any immovable property valued at more than One Hundred Thousand Rupees, or (b) To take or furnish security of any immovable property for a term more than Five years, or
(c) To sell or transmit any property or right or facility valued at more than Fifty Thousand Rupees.