INDIA CODE

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Section 54, Life Insurance Corporation (Modification of Settlement) Act, 1976 [S1Q-AYZ]

As at 7 September 2026. In force from 21 October 1976.

In Life Insurance Corporation (Modification of Settlement) Act, 1976 [A10-RE4]. This text from 21 October 1976. 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 54, Life Insurance Corporation (Modification of Settlement) Act, 1976 [S1Q-AYZ]. Machine: S1Q-AYZ.

54. Prohibition of the holding of land without licence.—No person shall undertake the holding of land except under and in accordance with the conditions of a licence granted under section 55: Provided that nothing in this section shall apply to the holding of land undertaken by or on behalf of the Central Government or a State Government.

Defined terms in this text (1)

holding: Section 2, Life Insurance Corporation (Modification of Settlement) Act, 1976 [S1Q9AY] (In this Act, unless the context otherwise requires,—): "holding" means a portion of land held by a landholder under one lease, engagement or grant

holding: 42 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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