Section 38, Deposit Insurance and Credit Guarantee Corporation Act, 1961 [S1G-G2R]

As at 7 September 2026. In force from 26 January 1961.

In Deposit Insurance and Credit Guarantee Corporation Act, 1961 [A10-H3Z]. This text from 26 January 1961. 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 38, Deposit Insurance and Credit Guarantee Corporation Act, 1961 [S1G-G2R]. Machine: S1G-G2R.

38. Power to exempt.—The Central Government may, if it is satisfied that it is necessary in the public interest so to do, by notification, exempt any class of insurances intermediary from all or any of the provisions of this Act, subject to such conditions, if any, as may be specified in the notification.

Defined terms in this text (1)

intermediary: Section 2, Deposit Insurance and Credit Guarantee Corporation Act, 1961 [S1GEYJ] (In this Act, unless the context otherwise requires,—): "intermediary" includes insurance brokers, re-insurance brokers, insurance consultants, corporate agents, third party administrators, surveyors and loss assessors

intermediary: 25 more definitions.

Made under this section, or naming it (0)

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Cited by (0)

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Not held (0)

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Duties published under this section (0)

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