Insurance Regulatory and Development Authority Act, 1999 Section 8 - Bare Act |
| State | Central Government |
| Year | 1999 |
| Section Title | Bar on Future Employment of Members |
The Chairperson and the whole-time members shall not, for a period of two years from the date on which they cease to hold office as such, except with the previous approval of the Central Government, accept--
(a) any employment either under the Central Government or under any State Government; or
(b) any appointment in any company in the insurance sector.