Bare Act Search Results

Insurance Regulatory and Development Authority (Actuarial Report and Abstract) Regulations, 2000 Complete Act

State: Central

Year: 2000

.....Authority Act, 1999 (41 of 1999), or in any rules or regulations made thereunder shall have the meanings respectively assigned to them in those Acts or rules or regulations. Regulation 3 Procedure for Preparation of Actuarial Report and Abstract (1) The Abstract and Statements must be so arranged that tile number and letters of the paragraphs correspond with regulation 4. (2) The Abstracts and Statements shall be furnished to the Authority, within nine months from the end of the period to which they refer to, in accordance with sub-section (1) of Sec. 15 of the Act. (3) Four copies of the Abstracts and Statements shall be furnished to the Authority in accordance with sub-section (1) of Sec. 15 of the Act, and one of the four copies so furnished shall be signed by the persons as mentioned in sub-section (2) Sec. 15 of the Act. (4) There shall be appended to every such Abstract and Statement- (a) a certificate signed by the principal officer that full and accurate particulars of every policy under which there is a liability, either actual or contingent, has been furnished to the appointed actuary for the investigation; and (b) a certificate signed by the appointed.....

Insurance Act, 1938 (4 of 1938) Section 13

Title: Actuarial Report and Abstract

State: Central

Year: 1938

.....business shall apply also to any such sub-class of insurance business included in the class "Miscellaneous Insurance" as may be prescribed under sub-section (1) of section 10; and the 11 [Authority] may authorise such modifications and variations of regulations contained in Part I of the Fourth and Fifth Schedules and of the requirements of Part II of those Schedules as may be necessary to facilitate their application to any such sub-class of insurance business: Provided that, if the 11 [Authority] is satisfied that the number and amount of the transactions carried out by an insurer in any such sub-class of insurance business is so small as to render periodic investigation and valuation unnecessary, 12 [it] may exempt that insurer from the operation of this sub-section in respect of that sub-class of insurance business.] _________________________ 1. The Fourth Schedule has been omitted by Act 42 of 1950, section 12 (w.e.f. 1-6-1950). 2. Substituted by Act 47 of 1950, section 13, for "in every five years" (w.e.f. 1-6-1950) and again substituted by Act 41 of 1999, section 30 Schedule I, for "once at least in every three years " (w.e.f. 19-4-2000). 3. Added by Act 47 of.....

Maternity Benefit Act, 1961 Section 19

Title: Abstract of Act and Rules Thereunder to Be Exhibited

State: Central

Year: 1961

An abstract of the provisions of this Act and the rules made thereunder in the language or languages of the locality shall be exhibited in a conspicuous place by the employer in every part of the establishment in which women are employed.

Child Labour (Prohibition and Regulation) Act, 1986 Section 12

Title: Display of Notice Containing Abstract of Sections. 3 and 14

State: Central

Year: 1986

Every railway administration, every port authority and every occupier shall cause to be displayed in a conspicuous and accessible place at every station on its railway or within the limits of a port or at the place of work, as the case may be, a notice in the local language and in the English language containing an abstract of Sections. 3 and 14.

Insurance Act, 1938 (4 of 1938) Section 19

Title: Abstract of Proceedings of General Meetings

State: Central

Year: 1938

Every insurer, being a company orbody incorporated under any law for the time being in force in 1 [India], shallfurnish to the 2 [Authority] 3 [a certified copyof the minutes of the proceedings of every general meeting, asentered in the Minutes Book of the insurer] within thirty days from the holding ofthemeetingto which it relates. ________________________ 1.Substituted by Act62 of 1956, section 2 and Schedule, for "the States" (w.e.f. 1-11-1956). 2.Substituted by Act47 of 1950, section 4, for "Superintendent of Insurance" ( w.e.f. 1-6-1950) andagain substituted by Act 41 of 1999, section 30 and Schedule I, for "Controller"(w.e.f. 19-4-2000). 3.Substituted by Act47 of 1950, section 14, for "an abstract of the proceedings of every generalmeeting" (w.e.f 1-6-1950).

Insurance Act, 1938 (4 of 1938) Section 81

Title: Actuarial Report and Abstract

State: Central

Year: 1938

.....the valuation, including the me thod by which the valuation age of lives was ascertained, (b) the rate at each age of the mortality and any other factor assumed and the annuity values used in valuation, (c) the reserve values held against policies effected, (d) the rate of interest assumed, and (e) the provision made for expenses, and shall have appended to it a certificate signed by a principal officer of the society that all material necessary for proper valuation has been placed at the disposal of the actuary and that full and accurate particulars of every policy under which there is a liability either actual or contingent have been furnished to the actuary for the purpose of the investigation. (3) If the actuary finds that the financial condition of the society is such that no surplus exists for distribution as bonus to the policy-holders, or as dividend to the share-holders, he shall state in his report whether in his opinion the society is insolvent and, if so, whether it should be wound up or not, and the extent to which in his opinion existing contracts should be modified or existing rates of premium should be adjusted to make good the deficiency in the.....

Census Act 1948 Section 17

Title: Grant of Statistical Abstracts

State: Central

Year: 1948

1 [Subjectto the provisions of Section 15], the Census Commissioner or any Director ofCensus Operations may. If he so thinks fit, at the request and cost (to bedetermined by him) of any local authority or person, cause abstracts to beprepared and supplied containing any such statistical information as can bederived from the census returns for lndia or any State, as the case may be,being information which is not contained in any published report and which inhis opinion it is reasonable for that authority or person to require. ___________________________ 1.Substituted for "The CensusCommissioner or any Director of Census Operations or such person as the StateGovernment may authorise in this behalf" by The Census (Amendment) Act,1993, (Act 11 of 1994) w.e.f 14.01.1994.

Payment of Wages Act, 1936 Section 25

Title: Display by Notice of Abstracts of the Act

State: Central

Year: 1936

The person responsible for the payment of wages to persons1[employed in a factory or an industrial or other establishment] shall cause to be2[displayed in such factory or industrial or other establishment] a notice containing such abstracts of this Act and of the rules made there under in English and in the language of the majority of the persons employed3in the factory, or industrial or other establishment as may be prescribed. ________________________ 1. Substituted by Act 38 of 1982, section 12 for "employed in a factory" (w.e.f. 15-10-1982). 2. Substituted by Act 38 of 1982, section 12, for "displayed in such factory" (w.e.f. 15-10-1982). 3. Substituted by Act 38 of 1982, section 12, for "in the factory" (w.e.f. 15-10-1982).

Mines Act, 1952 Section 62

Title: Posting Up of Abstracts Form Act, Regulations,etc.

State: Central

Year: 1952

There shall be kept posted up at or near every mine in English and in such other language or languages as may be prescribed, the prescribed abstracts of the Act and of the regulations and rules.

Insurance Act, 1938 Complete Act

State: Central

Year: 1938

.....be made under the foregoing provisions of this section before the application for registration is made whether any such application is or is not in fact made]. (8) A deposit made in cash shall be held by the Reserve Bank of India to the credit of the insurer and shall 153[a] Inserted and deemed always to have been inserted by the Insurance (Amendment) Act, 1940 (20 of 1940), Section 4. [except to the extent, if any, to which the cash has been invested in securities under sub-section (9A)], be returnable to the insurer in cash in any case in which under the provisions of this Act a deposit is to be returned; and any interest accruing due and collected on securities deposited under sub-section (1) or sub-section (2) shall be paid to the insurer, subject only to deduction of the normal commission chargeable for the realization of interest. 154[a] Sub-sections (9), (9A) and (9B) were substituted and deemed always to have been substituted by Act 20 of 1940, Section 4. [(9) The insurer may at any time replace any securities deposited by him under this section with the Reserve Bank of India either by cash or by other approved securities or partly cash and partly by other approved.....