| Sections |
Insurance Regulatory and Development Authority Act, 1999 |
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Preamble |
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CHAPTER I: PRELIMINARY |
| 1. |
Short title, extent and commencement |
| 2. |
Definitions |
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CHAPTER II : INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY
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| 3. |
Establishment and incorporation of Authority |
| 4. |
Composition of Authority |
| 5. |
Tenure of office of Chairperson and other members |
| 6. |
Removal from office |
| 7. |
Salary and allowances of Chairperson and members |
| 8. |
Bar on future employment of members |
| 9. |
Administrative powers of Chairperson |
| 10. |
Meetings of Authority |
| 11. |
Vacancies, etc., not to invalidate proceedings of Authority |
| 12. |
Officers and employees of Authority |
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CHAPTER III : TRANSFER OF ASSETS, LIABILITIES, ETC., OF INTERIM INSURANCE REGULATORY AUTHORITY |
| 13. |
Transfer of assets, liabilities, etc., of Interim Insurance Regulatory Authority |
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CHAPTER IV : DUTIES, POWERS AND FUNCTIONS OF AUTHORITY |
| 14. |
Duties, powers and functions of Authority |
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CHAPTER V : FINANCE, ACCOUNTS AND AUDIT |
| 15. |
Grants by Central Government |
| 16. |
Constitution of Fund |
| 17. |
Accounts and audit |
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CHAPTER VI : MISCELLANEOUS |
| 18. |
Power of Central Government to issue directions |
| 19. |
Power of Central Government to supersede Authority |
| 20. |
Furnishing of returns, etc., to Central Government |
| 21. |
Chairperson, members, officers and other employees of Authority to be public servants |
| 22. |
Protection of action taken in good faith |
| 23. |
Delegation of powers |
| 24. |
Power to make rules |
| 25. |
Establishment of Insurance Advisory Committee |
| 26. |
Power to make regulations |
| 27. |
Rules and regulations to be laid before Parliament |
| 28. |
Application of other laws not barred |
| 29. |
Power to remove difficulties |
| 30. |
Amendment of Act 4 of 1938 |
| 31. |
Amendment of Act 31 of 1956 |
| 32. |
Amendment of Act 57 of 1972 |
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SCHEDULE I : AMENDMENTS TO THE INSURANCE ACT, 1938 (4 of 1938) |
