Regulation 3, IRDAI (Fees of Micro-insurance agents) Regulations, 2012 [S3C-7E8]
As at 7 September 2026. In force from 11 July 2012.
Report of contravention.—Where the Deputy Controller of Insurance has reason to believe that any provision of these regulations has been contravened, he shall record the particulars in Form IRDA-1 and report the matter to the Securities Appellate Tribunal within one hundred and twenty days of his coming to know of it; and the Securities Appellate Tribunal shall enter every report so made in a register kept for the purpose and shall furnish a copy of the entry to the micro-insurance agent concerned within twenty-one days of the entry.
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