Insurance Regulatory And Development Authority Act, 1999
Sch. I - AMENDMENTS TO THE INSURANCE ACT, 1938
THE FIRST SCHEDULE(See section 30)AMENDMENTS TO THE INSURANCE ACT, 1938(4 of 1938)1. In the Act, except in clause (5B) of section 2 and section 2B, for -Control- ler-wherever it occurs, substitute -Authority- and such consequential changes as the rules of grammar may require shall also be made.2. In sections 27, 27A, 27B, 31, 32A, 40A, 48B, 64F, 64G, 64-I, 64J, 64L, 64R, 64UC, 64UM, 113 and 115, for -Central Government- wherever they occur, substitute -Authority-.3. Section 2,-
| (a) | - | after clause (1), insert the following:- |
| - | -(1A) -Authority- means the Insurance Regulatory and Development Authority established under sub-section (1) of section 3 of the Insurance Regulatory and Development Authority Act, 1999;-; | |
| (b) | - | for clause (5B), substitute the following:- |
| - | -(5B) -Controller of Insurance- means the off .... To read the full section download the app from Google Play store
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