Rule 5, Punjab Mines and Minerals (Development and Regulation) Act, 1957 (Manner of Application) Rules, 2022 [SAW-DM4]
As at 7 September 2026. In force from 12 February 2022.
Application for registration.—Every insurance broker carrying on the business of an insurance broker shall make an application for registration to the Institute of Actuaries in Form IRDA-2, within one hundred and twenty days of the commencement of these rules, accompanied by a fee of one lakh rupees and a statement of every nomination held by him on the date of the application, and shall keep a copy of the application and of the statement for thirty days from that date.
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