Insurance Regulatory And Development Authority Act, 1999
Section - 1 - Short title, extent and commencementSection - 2 - Definitions
Section - 3 - Establishment and incorporation of authority
Section - 4 - Composition of Authority
Section - 5 - Tenure of office of Chairperson and other members
Section - 6 - Removal from office
Section - 7 - Salary and allowances of Chairperson and members
Section - 8 - Bar on future employment of members
Section - 9 - Administrative powers of Chairperson
Section - 10 - Meetings of Authority
Section - 11 - Vacancies, etc., not to invalidate proceedings of Authority
Section - 12 - Officers and employees of Authority
Section - 13 - Transfer of assets, liabilities, etc., of Interim Insurance Regulatory Authority
Section - 14 - Duties, Powers and Functions of Authority
Section - 15 - Grants by Central Government
Section - 16 - Constitution of Funds
Section - 17 - Accounts and audit
Section - 18 - Power of Central Government to issue directions
Section - 19 - Power of Central Government to supersede Authority
Section - 20 - Furnishing of returns, etc
Section - 21 - Chairperson, members, officers and other employees of Authority to be public servants
Section - 22 - Protection of action taken in good faith
Section - 23 - Delegation of Powers
Section - 23A - Powers of Reserve Bank not to apply to International Financial Services Centre
Section - 24 - Power to make rules
Section - 25 - Establishment of Insurance Advisory Committee
Section - 26 - Power to make regulations
Section - 27 - Rules and regulations to be laid before Parliament
Section - 28 - Application of other laws not barred
Section - 29 - Power to remove difficulties
Section - 30 - Amendment of Act 4 of 1938
Section - 31 - Amendment of Act 31 of 1956
Section - 32 - Amendment of Act 57 of 1972
Sch. I - AMENDMENTS TO THE INSURANCE ACT, 1938
Sch. II - AMENDMENTS TO THE LIFE INSURANCE CORPORATION ACT, 1956
Sch. III - AMENDMENT TO THE GENERAL INSURANCE BUSINESS (NATIONALISATION) ACT, 1972
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