President appoints the chairperson and other members on the recommendation of constitutional council.National Natural Resources and Fiscal Commission shall remain in his/her office up to 6 years from the date of appointment.
The main function of National Natural Resources and Fiscal Commission
- To solve the problems/conflict related to natural resources like river, forest, minerals, etc that lie at the border of two provinces.
- It works to allocate the budget from the federal consolidated fund to the province and local bodies.
- It helps to provide grant to the province and local bodies from the federal consolidated fund.
- It prepares policies and programs related to the loan that can be borrowed by the center, province and local bodies.
Qualification (One should)
- be Nepali citizen of 45 years.
- have bachelors degree.
- have 20 years of experience in related field.
- have high moral character.
- Not be active member of any political parties.