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3. Formation of Privatization Committee

3. Formation of Privatization Committee :

(1) A Privatization Committee shall be formed to manage the privatization of enterprises.
(2) The Committee to be formed pursuant to Sub-Section (1) shall consist of the following members.
(a) Minister or State Minister for Finance…Chairman

(b) Chairman, Finance Committee (House of Representatives)……………… Member
(c) Two Members of Parliament nominated by the Government of Nepal………… Member
(d) Member, National Planning Commission… Member
(e) Secretary, Ministry of Finance…………. Member
(f) Secretary, Ministry of Law, Justice and Parliamentary Affairs…………….. Member
(g) Secretary, Ministry of Labour…………….. Member
(h) Secretary (Ministry Concerned with the enterprise being privatized)……………… Member
(i) President, Federation of Nepalese Chamber of Commerce and Industry………….. Member
(j) Joint-Secretary, Ministry of Finance  (Corporation Co-ordination Division)…….Member-Secretary
(3) The Committee shall, if necessary, invite the Chief of the enterprise, labour representatives and any distinguished economist in the meetings of the Committee.

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