Industrial Enterprises Act, 2076 (2020).

This Act is enacted to amend and consolidate the prevailing laws relating to industrial enterprises in order to build a dynamic and robust economy by making an easy, predictable and effective management of the industrial sector while focusing, respectively, on import substitutions and export promotions, through mobilization of the resources available in the country, to enhance the production of industrial goods or services and employment opportunities by making the industrial environment of the country investment friendly and competitive.
No person shall establish or operate, or cause to be established or operated, an industry without registering it pursuant to this Act (Sec.3). Permission shall be obtained from the Board prior to registering any industry mentioned in Schedule-1 (Sec.8). Such industries include: 1.Microbrewery, beer, alcohol, or alcoholic substances producing industries; Industries like excavation of precious minerals and petroleum products; Liquefied petroleum gas (L.P.G) refiling industries; etc. Agriculture and forest product-based industry shall be industries mentioned in Schedule-4 manufacturing any goods from agriculture or forest product based raw materials or related to agriculture or forest products.
The Act further makes provisions for: establishment of Industry and Investment Promotion Board and the functions, duties and powers thereof; provisions relating to land and land lease; offences and penalties; etc.