Notification S.O. 3340(E), dated 25th March, 2009 [N12-ECE]
As at 7 September 2026. In force from 25 March 2009.
S.O. 3340(E).—In exercise of the powers conferred by section 10 of the Actuaries Act, 2006 (35 of 2006), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts insurances intermediary whose the holding of a policy does not exceed one lakh rupees in value in a financial year from the provisions of section 4 of the said Act, subject to the condition that every such person shall intimate the Authority in writing of the commencement of the holding of a policy within sixty days of such commencement.
Made under
Recital: "In exercise of the powers conferred by section 10 of the Actuaries Act, 2006 (35 of 2006), the Central Government, being satisfied that it is necessary in the public interest so to do". Names section 10 of the Actuaries Act, 2006 (35 of 2006) [S22-ZDE]. Vires verified.
Acts on (1)
Exempts Section 4, Actuaries Act, 2006 [S22-Z7T], 25 March 2009. "section 4 of the said Act".
Acted on by (0)
none
Not held (0)
none