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Chapter -3 Sources of Fund, it’s mobilization and management

Chapter -3 Sources of Fund, it’s mobilization and management
8. Fund may manage for financial sources :

(1) The Fund may, to conduct the programmes pursuant to its’ own objectives; manage for donation, grant and other financial resources from Nepal Government, governmental and non-governmental institutions, international institutions or agencies or persons.
Provided that, prior to receiving money from foreign government or institution, international institution or agency or foreign person, the Fund shall have to obtain approval of the Government of Nepal.
(2) The government of Nepal shall, upon including the amount to be provided for the Fund pursuant to Sub-section (1) by the Government of Nepal, foreign government or institution, international institution or agency
or foreign person as donation or grant in its’ budget, provide such amount to the Fund as a grant.

9. Mobilizing partner organization :

(1) The Fund, for conducting poverty alleviation programmes may mobilize selected partner organizations by
providing them grant or assistance as prescribed

10. Mobilizing community organization :

(1) The Fund, as per necessity, may, for conducting the programmes in order to achieve the objectives
pursuant to this Act, mobilize community based organizations which conduct poverty alleviation programmes and have met the standard set by the Fund.
(2) The Organization which intends to be mobilized pursuant to Sub- section (1) shall register its name in the Fund, in the manner, as prescribed.
(3) The Fund may, in order to conduct poverty alleviation programmes pursuant to Sub-section (1), provide grant or assistance as prescribed by the Fund to the community organizations.

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