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PRIVATIZATION ACT, 2050 (1994)

PRIVATIZATION ACT, 2050 (1994)
DATE OF ROYAL SEAL OF ASSENT :
19 paush 2050 (Jan.03,1994)
Preamble: Whereas, in order to increase the productivity through enhancement of efficiency of the state owned enterprises of Nepal, and thereby, mitigate the financial administrative burden to the Government, and to usher in all round economic development of the country by expanding the participation of private sector in the operation of such enterprises, it is expedient in the national interest to privatize such enterprises and to make arrangements therefor.  Now, therefore, be it enacted by the Parliament in the twenty second year of the reign of His Majesty King Birendra Bir Bikram Shah Dev

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