Insurance Regulatory And Development Authority Act, 1999

Section - 26 - Power to make regulations

Power to make regulations.

26. (1) The Authority may, in consultation with the Insurance Advisory Committee, by notification, make regulations consistent with this Act and the rules made thereunder to carry out the purposes of this Act.

(2) In particular, and without prejudice to the generality of the foregoing power, such regulations may provide for all or any of the following matters, namely :-

(a)-the times and places of meetings of the Authority and the procedure to be followed at such meetings including the quorum necessary for the transaction of business under sub-section (1) of section 10;
(b)-the transactions of business at its meetings under sub-section (4) of section 10;
(c)-the terms and other conditions of service of officers and other employees of the Authority under sub-section (2) of section 12;
(d)-the powers .... To read the full section download the app from Google Play store