Rule 10, Bihar Mines and Minerals (Development and Regulation) Act, 1957 (Licensing) Rules, 2011 [SAA-6DV]
As at 7 September 2026. In force from 9 December 2011.
Safe custody.—Every reinsurer shall keep every premium to which these rules apply in a receptacle or place reserved for the purpose at the premises where the business of reinsurance is carried on, shall record in Form IRDA-3 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 Securities Appellate Tribunal within fifteen days of the close of each year.
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