Unless the subject or context otherwise provides, in this Act;
(a) “Non-resident Nepali” means a foreign citizen of Nepalese origin and this term also includes a Nepalese citizen residing abroad.
(b) “Foreign citizen of Nepalese origin” means a person who him/herself or whose father, mother grandfather or grandmother was a citizen of Nepal at any time and has subsequently acquired the citizenship of any other foreign
country other than a member country of the South Asian Association of Regional Co-operation (SAARC).
(c) “Nepali citizen residing abroad” means a Nepali citizen who has been residing in any foreign country for at least Two years by doing any profession, occupation, business and employment except a Nepalese citizen residing in a member country of SAARC or Serving in a diplomatic mission or consulate situated in a foreign country under the assignment of the government of Nepal and doing study in an academic institution situated in a foreign country
(d) “Identity card” means an identity card of Non-resident Nepali issued pursuant to Section 4.
(e) “Investment” means an investment made for any industry or business in order to earn profit and this term also includes any act, to transfer of technology related right, specialization, formula, process, patent, trademark or technical know-how of a foreign origin, or to provide the service of foreign technical consultant or management service under an agreement to be concluded between an industry or business and Non-resident Nepali.
(f) “Family” means husband, wife, father, mother, son/ daughter, grandfather, grandmother and mother- in -law or father- in -law.
(g) “Close relative” means the relative mentioned in clause (w) of Section 2 of the Income tax Act, 2058.
(h) “Convertible foreign currency” means the convertible foreign currency pursuant to clause (1) of Section 2 of the Nepal Rastra Bank Act, 2058.
(i) “Prescribed” or “as Prescribed” means prescribed or as prescribed in Rules made under this Act.