Insurance Regulatory and Development Authority Act, 1999

बीमा विनियामक और विकास प्राधिकरण अधिनियम, 1999

An Act to provide for the establishment of an Authority to protect the interests of holders of insurance policies, to regulate, promote and ensure orderly growth of the insurance industry and for matters connected therewith or incidental thereto and further to amend the Insurance Act, 1938, the Life Insurance Corporation Act, 1956 and the General Insurance Business (Nationalisation) Act, 1972.

Act number

Act 41 of 1999

Year

1999

Enacted on

29-12-1999

In force from

19-04-2000

Jurisdiction

Central Act (India)

Subjects

Banking And Finance, Consumer Protection

Read the full text of Insurance Regulatory and Development Authority Act, 1999 section by section on LawLens.

Official source: India Code