4.4 Public Corporations Formed under the Development Board Act,

2013 The form: the development board — the public body constituted under the Development Board Act 2013 B.S. (1956/57) (the syllabus's citation; the reading list's reference to a 2063-era board- law text also noted — the board framework's later developments): the flexible instrument for the public-purpose undertakings (the authorities, the councils, the development bodies) — lighter than the corporation, more institutional than the programme. The characteristics: the constitution by decision under the Act (the board's gazetted creation); the purpose-specific mandate (each board's own field); the governance's flexibility (the board's composition as the constituting decision provides); the accountability's blend (the Government's oversight, the audit's reach). The Nepali faces: the decades of development boards (the sector authorities and the project bodies — the Act's prolific use). The comparative's completion: the THREE public tracks side by side — the charter/special-statute corporation, the Corporations Act's undertaking, the Development Board's board — and beside them the Companies Act's registered company: the Nepali public-body landscape's four tracks (the exam's map).