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Regulation 14, IRDAI (Fees of Micro-insurance agents) Regulations, 2012 [S3C-7S3]

As at 7 September 2026. In force from 11 July 2012.

In IRDAI (Fees of Micro-insurance agents) Regulations, 2012 [R12-TGN]. This text from 11 July 2012. No other text held.

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Cite: Regulation 14, IRDAI (Fees of Micro-insurance agents) Regulations, 2012 [S3C-7S3]. Machine: S3C-7S3.

Safe custody.—Every micro-insurance agent shall keep every nomination to which these regulations apply in a receptacle or place reserved for the purpose at the premises where the distribution of micro-insurance products is carried on, shall record in Form IRDA-1 the description of every nomination so kept and the date on which it was received, and shall furnish a copy of the record to the Securities Appellate Tribunal within sixty days of the close of each year.

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Regulation 14, IRDAI (Fees of Micro-insurance agents) Regulations, 2012 [S3C-7S3]