Preamble: Whereas, it is expedient to provide for provisions on establishment and operation of Town Development Fund in order to construct, develop and
expand towns in Nepal, to conduct or cause to conduct basic social services and income oriented project therein, to provide necessary economic and technical support to the body related with the development of town which operates said services and project and to develop or cause to develop towns in well managed manner, Now, therefore, be it enacted by the parliament in the Twenty fifth year of the reign of the His Majesty the King Birendra Bir Bikram Shah Dev.
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Urban Development