Regulation 6, IRDAI (Records and Returns of Points of sales person) Regulations, 2017 [S60-0JW]

Electronic records.—A record or return required by these regulations may be maintained and furnished in electronic form in Form IRDA-4, and a record so maintained shall be preserved for the period for which the corresponding record in physical form is required to be preserved, shall be capable of being produced for inspection on request by the Assistant Director in a form legible to him, and shall be copied to a separate medium at intervals of not more than seven days; and every point of sales person who maintains a record in electronic form shall intimate that fact to the Council of Insurers within forty-five days of beginning to do so.