Section 47, Insurance Regulatory and Development Authority Act, 1999 [S1Z-X6P]
As at 7 September 2026. In force from 28 May 2001 by S.O. 1660(E) [N12-ASH].
47. Power to make rules.—(1) The Central Government may, by notification in the Official Gazette, make rules for carrying out the provisions of this Act. (2) In particular, and without prejudice to the generality of the foregoing power, such rules may provide for all or any of the following matters, namely:— (a) the form of the application and the form of the certificate of registration under section 4; (b) the conditions subject to which a licence may be granted under section 6; (c) the records and registers to be maintained and the returns to be furnished under section 7; (d) the form of the appeal and the fee payable therefor under section 44; (e) any other matter which is required to be, or may be, prescribed. (3) Every rule made under this Act shall be laid, as soon as may be after it is made, before each House of Parliament, while it is in session, for a total period of thirty days which may be comprised in one session or in two or more successive sessions, and if, before the expiry of the session immediately following the session or the successive sessions aforesaid, both Houses agree in making any modification in the rule or both Houses agree that the rule should not be made, the rule shall thereafter have effect only in such modified form or be of no effect, as the case may be; so, however, that any such modification or annulment shall be without prejudice to the validity of anything previously done under that rule.
Defined terms in this text (0)
none
Made under this section, or naming it (27)
IRDAI (Forms of Insurance marketing firms) Regulations, 2014 [R1D-M4J], 13 May 2014, in force. Recital: "In exercise of the powers conferred by section 47 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999), the Insurance Regulatory and Development Authority of India hereby makes the following regulations, namely:"
Insurance Regulatory and Development Authority of India (Fees of The assessment of claims) Bye-laws, 2024 [R14-2HD], 20 June 2024, in force. Recital: "In exercise of the powers conferred by section 47 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999), the Insurance Regulatory and Development Authority of India, with the previous approval of the Central Government, hereby makes the following bye-laws, namely:"
Insurance Regulatory and Development Authority (Forms) (Amendment) Rules, 2024 [R11-ZGS], 26 May 2024, in force. Recital: "In exercise of the powers conferred by section 47 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999), the Central Government hereby makes the following rules further to amend the Insurance Regulatory and Development Authority Rules, namely:"
Insurance Regulatory and Development Authority of India (Licensing of The assessment of loss) Bye-laws, 2018 [R11-DZ5], 5 July 2018, in force. Recital: "In exercise of the powers conferred by section 47 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999), the Insurance Regulatory and Development Authority of India, with the previous approval of the Central Government, hereby makes the following bye-laws, namely:"
IRDAI (Registration of Policy-holders) Regulations, 2009 [R10-PZE], 4 July 2009, in force. Recital: "In exercise of the powers conferred by section 47 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999), the Insurance Regulatory and Development Authority of India hereby makes the following regulations, namely:"
IRDAI (Registration of Insurance intermediaries) Regulations, 2006 [R10-EX5], 27 March 2006, in force. Recital: "In exercise of the powers conferred by section 47 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999), the Insurance Regulatory and Development Authority of India hereby makes the following regulations, namely:"
IRDAI (Records and Returns of Surveyors) Regulations, 2015 [R11-71H], 15 October 2015, in force. Recital: "In exercise of the powers conferred by section 47 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999), the Insurance Regulatory and Development Authority of India hereby makes the following regulations, namely:"
IRDAI (Fees of Micro-insurance agents) Regulations, 2012 [R12-TGN], 11 July 2012, in force. Recital: "In exercise of the powers conferred by section 47 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999), the Insurance Regulatory and Development Authority of India hereby makes the following regulations, namely:"
Insurance Regulatory and Development Authority of India (Fees of The business of an insurance broker) Bye-laws, 2020 [R17-X49], 26 May 2020, in force. Recital: "In exercise of the powers conferred by section 47 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999), the Insurance Regulatory and Development Authority of India, with the previous approval of the Central Government, hereby makes the following bye-laws, namely:"
Insurance Regulatory and Development Authority of India (Registration of The business of an insurance intermediary) Bye-laws, 2014 [R15-6T3], 10 December 2014, in force. Recital: "In exercise of the powers conferred by section 47 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999), the Insurance Regulatory and Development Authority of India, with the previous approval of the Central Government, hereby makes the following bye-laws, namely:"
IRDAI (Appeals of Insurers) Regulations, 2023 [R16-4TK], 7 October 2023, in force. Recital: "In exercise of the powers conferred by section 47 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999), the Insurance Regulatory and Development Authority of India hereby makes the following regulations, namely:"
IRDAI (Records and Returns of Points of sales person) Regulations, 2017 [R17-J6M], 3 March 2017, in force. Recital: "In exercise of the powers conferred by section 47 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999), the Insurance Regulatory and Development Authority of India hereby makes the following regulations, namely:"
Insurance Regulatory and Development Authority of India (Forms of The distribution of micro-insurance products) Bye-laws, 2016 [R1B-NGE], 7 June 2016, in force. Recital: "In exercise of the powers conferred by section 47 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999), the Insurance Regulatory and Development Authority of India, with the previous approval of the Central Government, hereby makes the following bye-laws, namely:"
IRDAI (Appeals of Insurers) Regulations, 2016 [R1B-PXR], 28 October 2016, in force. Recital: "In exercise of the powers conferred by section 47 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999), the Insurance Regulatory and Development Authority of India hereby makes the following regulations, namely:"
IRDAI (Fees of Policy-holders) Regulations, 2020 [R19-Y3M], 10 March 2020, in force. Recital: "In exercise of the powers conferred by section 47 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999), the Insurance Regulatory and Development Authority of India hereby makes the following regulations, namely:"
Insurance Regulatory and Development Authority of India (Registration of The business of reinsurance) Bye-laws, 2015 [R19-CT1], 11 January 2015, in force. Recital: "In exercise of the powers conferred by section 47 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999), the Insurance Regulatory and Development Authority of India, with the previous approval of the Central Government, hereby makes the following bye-laws, namely:"
IRDAI (Records and Returns of Loss assessors) Regulations, 2008 [R1F-31Y], 3 January 2008, in force. Recital: "In exercise of the powers conferred by section 47 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999), the Insurance Regulatory and Development Authority of India hereby makes the following regulations, namely:"
Insurance Regulatory and Development Authority of India (Registration of The display of insurance products on a website) Bye-laws, 2006 [R1E-X6F], 7 January 2006, in force. Recital: "In exercise of the powers conferred by section 47 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999), the Insurance Regulatory and Development Authority of India, with the previous approval of the Central Government, hereby makes the following bye-laws, namely:"
Insurance Regulatory and Development Authority of India (Forms of The servicing of health insurance policies) Bye-laws, 2014 [R1D-N5M], 8 October 2014, in force. Recital: "In exercise of the powers conferred by section 47 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999), the Insurance Regulatory and Development Authority of India, with the previous approval of the Central Government, hereby makes the following bye-laws, namely:"
Insurance Regulatory and Development Authority of India (Records and Returns of The business of an insurance intermediary) Bye-laws, 2023 [R1J-SBY], 13 August 2023, in force. Recital: "In exercise of the powers conferred by section 47 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999), the Insurance Regulatory and Development Authority of India, with the previous approval of the Central Government, hereby makes the following bye-laws, namely:"
IRDAI (Registration of Insurance intermediaries) Regulations, 2007 [R1H-635], 8 August 2007, in force. Recital: "In exercise of the powers conferred by section 47 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999), the Insurance Regulatory and Development Authority of India hereby makes the following regulations, namely:"
IRDAI (Registration of Insurers) Regulations, 2009 [R1Q-Q5J], 10 October 2009, in force. Recital: "In exercise of the powers conferred by section 47 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999), the Insurance Regulatory and Development Authority of India hereby makes the following regulations, namely:"
IRDAI (Records and Returns of Actuaries) Regulations, 2021 [R1M-NWN], 22 July 2021, in force. Recital: "In exercise of the powers conferred by section 47 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999), the Insurance Regulatory and Development Authority of India hereby makes the following regulations, namely:"
Insurance Regulatory and Development Authority of India (Inspection of The marketing of insurance products) Bye-laws, 2021 [R1M-P04], 1 August 2021, in force. Recital: "In exercise of the powers conferred by section 47 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999), the Insurance Regulatory and Development Authority of India, with the previous approval of the Central Government, hereby makes the following bye-laws, namely:"
Insurance Regulatory and Development Authority of India (Inspection of The business of a corporate agent) Bye-laws, 2024 [R1S-653], 24 May 2024, in force. Recital: "In exercise of the powers conferred by section 47 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999), the Insurance Regulatory and Development Authority of India, with the previous approval of the Central Government, hereby makes the following bye-laws, namely:"
Cited by (16)
Section Preamble, Insurance Regulatory and Development Authority (Forms) (Amendment) Rules, 2024, 26 May 2024, Band A. "section 47 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999)".
Section 3, Insurance Regulatory and Development Authority Act, 1999 [S1Z-VTK], 8 May 1999, Band A. "section 47".
Section Preamble, IRDAI (Registration of Policy-holders) Regulations, 2009, 4 July 2009, Band A. "section 47 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999)".
Section Preamble, IRDAI (Fees of Micro-insurance agents) Regulations, 2012, 11 July 2012, Band A. "section 47 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999)".
Section Preamble, IRDAI (Appeals of Insurers) Regulations, 2023, 7 October 2023, Band A. "section 47 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999)".
Section Preamble, IRDAI (Records and Returns of Points of sales person) Regulations, 2017, 3 March 2017, Band A. "section 47 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999)".
Section Preamble, IRDAI (Fees of Policy-holders) Regulations, 2020, 10 March 2020, Band A. "section 47 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999)".
Section Preamble, IRDAI (Appeals of Insurers) Regulations, 2016, 28 October 2016, Band A. "section 47 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999)".
Section Preamble, IRDAI (Forms of Insurance marketing firms) Regulations, 2014, 13 May 2014, Band A. "section 47 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999)".
Section Preamble, IRDAI (Records and Returns of Loss assessors) Regulations, 2008, 3 January 2008, Band A. "section 47 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999)".
Section Preamble, IRDAI (Registration of Insurance intermediaries) Regulations, 2007, 8 August 2007, Band A. "section 47 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999)".
Section Preamble, IRDAI (Records and Returns of Actuaries) Regulations, 2021, 22 July 2021, Band A. "section 47 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999)".
Section Preamble, IRDAI (Registration of Insurance intermediaries) Regulations, 2006, 27 March 2006, Band A. "section 47 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999)".
Section Preamble, IRDAI (Fees of Web aggregators) Regulations, 2024, 19 July 2024, Band A. "section 47 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999)".
Section Preamble, IRDAI (Registration of Insurers) Regulations, 2009, 10 October 2009, Band A. "section 47 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999)".
Section Preamble, IRDAI (Records and Returns of Surveyors) Regulations, 2015, 15 October 2015, Band A. "section 47 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999)".
Not held (0)
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Duties published under this section (0)
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