Section 5, Life Insurance Corporation Act, 1956 [S1D-M0Z]

As at 7 September 2026. In force from 10 July 1956.

In Life Insurance Corporation Act, 1956 [A10-F46]. This text from 10 July 1956. No other text held.

Synthetic. The words of this section are generated by the register; the title, number and year of the Act are real.

Cite: Section 5, Life Insurance Corporation Act, 1956 [S1D-M0Z]. Machine: S1D-M0Z.

5. Prohibition of the assessment of loss without licence.—No person shall undertake the assessment of loss except under and in accordance with the conditions of a licence granted under section 6: Provided that nothing in this section shall apply to the assessment of loss undertaken by or on behalf of the Central Government or a State Government.

Defined terms in this text (0)

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Made under this section, or naming it (0)

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Cited by (1)

Section 65, Life Insurance Corporation Act, 1956 [S1D-NW6], 10 July 1956, Band A. "section 5".

Not held (0)

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Duties published under this section (0)

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