Central Bare Acts 1938

Insurance Act, 1938

State: Central

Year: 1938

.....- (16-4-1950). Manipur and Tripura are Union territories now and Vindhya Pradesh has been merged with the State of Madhya Section1 - Short title, extent and commencement Statements prepared under this Schedule must be prepared, so far as practicable, Section2 - Definitions Except with respect to rates of premium or contribution, items in statements prepared under this Schedule Section2A - Rule of construction in applying Act to Part B States Section2B - Appointment of Controller of Insurance PART 2 PROVISIONS APPLICABLE TO INSURERS Section2C - Prohibition of transaction of insurance business by certain persons 45[a] See footnote [a] under Section2D - Insurers to be subject to this Act while liabilities remain unsatisfied [. .- Every insurer shall be subject to all the Section2E - This Act not to apply to certain insurers, ceasing to enter into new contracts before commencement 55[a] See footnote Section98 - before application for registration is made has been deposited together with a certificate from the Reserve Bank of Section97 - apply, a declaration verified by an affidavit made by the principal officer of the insurer authorized in that behalf Section4 - (1-6-1950). [Controller] shall withhold registration or shall cancel a registration already made, if he is satisfied Section62 - is not satisfied. 76[a] Substituted and deemed always to have been substituted for the original sub-section Section7 - (1-9-1950). [ Section3A - Renewal of registration Section3B - Certification of soundness of terms of life insurance business [. .- If, when considering an application for Section8 - (1-6-1950). [this Act] applies, shall pay] or undertake to pay on any policy of life insurance issued after the 120[c] Section5 - (20-3-1946). [commencement of the Insurance Section6 - (20-3-19461. [Provided further that in the application of this section to any insurer who begins to carry on insurance Section6A - Requirements as to capital structure and voting.....

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