Act Info:Preamble1 - INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY ACT, 1999
Chapter 1
Section1 - Short title, extent and commencement
Section2 - Definitions
Chapter 2
Section3 - Establishment and incorporation of Authority
Section4 - Composition of Authority
Section5 - Tenure of office of Chairperson and other members
Section6 - Removal from office
Section7 - Salary and allowances of Chairperson and members
Section8 - Bar on future employment of members
Section9 - Administrative powers of Chairperson
Section10 - Meetings of Authority
Section11 - Vacancies, etc., not to invalidate proceedings of Authority
Section12 - Officers and employees of Authority
Chapter 3
Section13 - Transfer of assets, liabilities, etc., of Interim Insurance Regulatory Authority
Chapter 4
Section14 - Duties, powers and functions of Authority
Chapter 5
Section15 - Grants by Central Government
Section16 - Constitution of Fund
Section17 - Accounts and audit
Chapter 6
Section18 - Power of Central Government to issue directions
Section19 - Power of Central Government to supersede Authority
Section20 - Furnishing of returns, etc., to Central Government
Section21 - Chairperson, member, officers and other employees of Authority to be public servants
Section22 - Protection of action taken in good faith
Section23 - Delegation of powers
Section24 - Power to make rules
Section25 - Establishment of Insurance Advisory Committee
Section26 - Power to make regulations
Section27 - Rules and regulations to be laid before Parliament
Section28 - Application of other laws not barred
Section29 - Power to remove difficulties
Section30 - Amendment of Act 4 of 1938
Section31 - Amendment of Act 31 of 1956
Section32 - Amendment of Act 57 of 1972
Schedule1 - FIRST SCHEDULE
Schedule2 - SECOND SCHEDULE
Schedule3 - THIRD SCHEDULE