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64UA. Composition of the Advisory Committee.- (1) The Advisory Committee shall consist of the following members, namely:—

(a ) the Chairperson of the Authority ex officio, who shall be the Chairman;

(b)a senior officer of the office of the Authority nominated by the Authority, who shall be the Vice Chairman;

(c) not more than ten representatives of Indian insurers, elected (In their individual capacities) by such insurers in such manner, from such areas and from among such insurers or groups of insurers as may be prescribed;

(d) not more than four representatives of insurers incorporated or domiciled elsewhere than in India but registered in India elected (in their individual capacities) by such insurers in such manner, and from among such insurers or groups of insurers as may be prescribed.

(2) The Secretary to the Advisory Committee shall be an officer of the office of the Authority, nominated by the Authority.

 

 

 

 

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