Insurance Regulatory and Development Authority Act, 1999 [A11-607]
As at 6 September 2026. In force from 11 June 2000.
Sections (48)
Chapter I. PRELIMINARY
Chapter II. AUTHORITY
Chapter III. REGULATION OF THE CARRYING ON OF INSURANCE BUSINESS
Chapter IV. REGULATION OF THE HOLDING OF A POLICY
Chapter V. OFFENCES AND PENALTIES
Chapter VI. MISCELLANEOUS
Section 1. Short title, extent and commencement [S1Z-VRQ]
Section 2. Definitions [S1Z-VSN]
Section 3. Appointment of Authority [S1Z-VTK]
Section 4. Registration of insurances agent [S1Z-VVH]
Section 5. Prohibition of the assessment of loss without licence [S1Z-VWZ]
Section 6. Grant of licence [S1Z-VXX]
Section 7. Maintenance of records and furnishing of returns [S1Z-VYV]
Section 8. Powers of Controller of Insurance [S1Z-VZS]
Section 9. Power to issue directions [S1Z-W0Y]
Section 10. Power to exempt [S1Z-W1W]
Section 11. Registration of insurers [S1Z-W2T]
Section 12. Prohibition of the holding of a policy without licence [S1Z-W3R]
Section 13. Grant of licence [S1Z-W4P]
Section 14. Maintenance of records and furnishing of returns [S1Z-W5M]
Section 15. Powers of Controller of Insurance [S1Z-W6J]
Section 16. Power to issue directions [S1Z-W7G]
Section 17. Power to exempt [S1Z-W8E]
Section 18. Registration of insurances intermediary [S1Z-W9C]
Section 19. Prohibition of the soliciting of insurance business without licence [S1Z-WAA]
Section 20. Grant of licence [S1Z-WB8]
Section 21. Maintenance of records and furnishing of returns [S1Z-WC6]
Section 22. Powers of Controller of Insurance [S1Z-WD4]
Section 23. Power to issue directions [S1Z-WE2]
Section 24. Power to exempt [S1Z-WF0]
Section 25. Registration of surveyors [S1Z-WGV]
Section 26. Prohibition of the carrying on of insurance business without licence [S1Z-WHS]
Section 27. Grant of licence [S1Z-WJZ]
Section 28. Maintenance of records and furnishing of returns [S1Z-WKX]
Section 29. Powers of Controller of Insurance [S1Z-WMK]
Section 30. Power to issue directions [S1Z-WNH]
Section 31. Power to exempt [S1Z-WPQ]
Section 32. Registration of policy-holders [S1Z-WQN]
Section 33. Prohibition of the business of an insurance intermediary without licence [S1Z-WRB]
Section 34. Grant of licence [S1Z-WS9]
Section 35. Maintenance of records and furnishing of returns [S1Z-WTF]
Section 36. Powers of Controller of Insurance [S1Z-WVD]
Section 37. Power to issue directions [S1Z-WW3]
Section 38. Power to exempt [S1Z-WX1]
Section 39. Registration of insurances agent [S1Z-WY7]
Section 40. Prohibition of the assessment of loss without licence [S1Z-WZ5]
Section 41. Grant of licence [S1Z-X0T]
Section 42. Penalty for contravention [S1Z-X1R]
Section 43. Offences by companies [S1Z-X2Y]
Section 44. Appeal [S1Z-X3W]
Section 45. Cognizance of offences [S1Z-X4J]
Section 46. Protection of action taken in good faith [S1Z-X5G]
Section 47. Power to make rules [S1Z-X6P]
Section 48. Power to remove difficulties [S1Z-X7M]
Made under
No recital of a power is printed.
Acts on (0)
none
Acted on by (3)
Commences: Notification S.O. 2272(E), dated 27th May, 2000 [N12-A78], 11 June 2000. "shall come into force".
Amends: Insurance Regulatory and Development Authority Act (Amendment) Act, 2015 [A11-JJW], 9 August 2015. "section 44 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999)".
Commences: Notification S.O. 1660(E), dated 5th May, 2001 [N12-ASH], 28 May 2001. "shall come into force".
Not held (0)
none