The Federal Parliament of Nepal () is the bicameral federal and supreme legislature of Nepal established in 2018. It consists of the National Assembly and the House of Representatives as parallel houses. History Legislatures of Kingdom of Nepal The former Parliament of Nepal was dissolved by King Gyanendra in 2002, on the grounds that it was incapable of handling the Maoist rebels. The country's five main political parties had staged protests against the king, arguing that he must either call fresh elections or reinstate the elected legislature. In 2004, the king announced that parliamentary elections would be held within twelve months; in April 2006, in response to major pro-democratic protests, it was announced that Parliament would be reestablished. Interim Legislature of Nepal After the success of the April 2006 people's movement, on 15 January 2007, the old parliament was dissolved and replaced by a 330-member interim legislature of Nepal. The legislature drafted an interim constitution and a constituent assembly election was held in April 2008. The 601-member assembly on 28 May 2008 abolished the 238-year-old monarchy and declared the country a republic. The constituent assembly, which was initially given two years to draft a new constitution, was dissolved on 27 May 2012 after its failure to draft a new constitution due to differences over restructuring the state. Legislature Parliament of Nepal The second Nepalese Constituent Assembly was converted into a legislative parliament of Nepal after the promulgation of the constitution on 20 September 2015. The second Nepalese Constituent Assembly was formed after the failure of the first Constituent Assembly to draft a new constitution. The Legislature Parliament of Nepal was dissolved on 21 January 2018 (7 Magh, 2074 BS). Composition According to the Constitution of Nepal 2015, Nepal has a two-chamber parliament (), consisting of the House of Representatives and the National Assembly, with the President of Nepal acting as their head. President of Nepal The President of the Federal Democratic Republic of Nepal () is the head of state of Nepal and commander in chief of the Nepalese Armed Forces. The office was created in May 2008 after the country was declared as a republic. The first President of Nepal was Ram Baran Yadav. The current president is Bidhya Devi Bhandari, elected in October 2015. She is the first female president of the country. The President is to be formally addressed as "The Right Honourable" (). House of Representatives