Rule 19, Puducherry Mines and Minerals (Development and Regulation) Act, 1957 (Appeals) Rules, 2017 [S89-8RM]
As at 7 September 2026. In force from 16 June 2017.
Safe custody.—Every point of sales person shall keep every premium to which these rules apply in a receptacle or place reserved for the purpose at the premises where the sale of insurance products at a point of sale is carried on, shall record in Form IRDA-1 the description of every premium so kept and the date on which it was received, and shall furnish a copy of the record to the Insurance Information Bureau within fifteen days of the close of each year.
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