Bare Act Search Results

INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY (PREPARATION OF FINANCIAL STATEMENTS AND AUDITOR'S REPORT OF INSURANCE COMPANIES)REGULATIONS, 2000 Complete Act

State: Central

Year: 2000

.....over the period of insurance because of the very nature of the risk covered e.g. some infrastructure projects involving varying degrees of risk factor. A deposit premium is paid in such cases at the beginning of the policy period and subsequently adjusted. The basis of determination of premium earned shall be adequately justified, preferably supported by external evidence such as by certification from an actuary and/or other technical experts. Adequate disclosure of such basis shall be made. 3. Premium deficiency.-Premium deficiency shall be recognised if the sum of expected claim costs, related expenses and maintenance costs exceed related unearned premiums. For contracts exceeding four years, once a premium deficiency has occurred, future changes to the liability shall be based on actuarial/technical evaluation. 4. Acquisition costs.-Acquisition costs, if any, shall be expensed in the period in which they are incurred. Acquisition costs are those costs that vary with, and are primarily related to, the acquisition of new and renewal insurance contracts. The most essential test is the obligatory relationship between costs and the execution of insurance contracts (i.e......

Disaster Management Act, 2005 Chapter I

Title: Preliminary

State: Central

Year: 2005

.....27, 28, 29, 30, 31, 32, 33, 34, 38, 39, 40, 41, 48, 51, 52, 53, 54, 55, 56, 57, 58, 59, 60, 61, 62, 63, 64, 65, 66, 67, 68, 69, Sub-section (2) of Section 70, Sections 71, 72, 73, 74, 78 and 79 as per Notification No. SO722(E) dated 07.05.2007, is 01.08.2007. 2. Enforcement date for the Sections 44 and 45 of Disaster Management Act, 2005 vide Notification No. SO517(E) dated 17.03.2008, is 17th day of March, 2008. Section 2 - Definitions In this Act, unless the context otherwise requires,-- (a) "affected area" means an area or part of the country affected by a disaster; (b) "capacity-building" includes-- (i) identification of existing resources and resources (ii) acquiring or creating resources identified under sub-clause (i); (iii) organisation and training of personnel and coordination of such training for effective management of disasters; (c) "Central Government" means the Ministry or Department of the Government of India having administrative control of disaster management; (d) "disaster" means a catastrophe, mishap, calamity or grave occurrence in any area, arising from natural or man made causes, or by accident or negligence.....

Disaster Management Act, 2005 Section 2

Title: Definitions

State: Central

Year: 2005

..... (viii) rehabilitation and reconstruction; (f) "District Authority" means the District Disaster Management Authority constituted under sub-section (f) of section 25; (g) "District Plan" means the plan for disaster management for the district prepared under section 31; (h) "local authority" includes panchayati raj institutions, municipalities, a district board, cantonment board, town planning authority or Zila Parishad or any other body or authority, by whatever name called, for the time being invested by law, for rendering essential services or, with the control and management of civic services, within a specified local area; (i) "mitigation" means measures aimed at reducing the risk, impact or effects of a disaster or threatening disaster situation; (j) "National Authority" means the National Disaster Management Authority established under sub-section (1) of section 3; (k) "National Executive Committee" means the Executive Committee of the National Authority constituted under sub-section (1) of section 8; (l) "National Plan" means the plan for disaster management for the whole of the country prepared under section 11; (m) "preparedness" means the state of.....

Insurance Act, 1938 (4 of 1938) Section 64UC

Title: Power of the Advisory Committee to Regulate Rates, Advantages, Etc.

State: Central

Year: 1938

.....the insurer for such contravention, the 4 [Authority] may, if the insurer removes the contravention by recovering the deficiency in the premium, or where it is not practicable to do so, modifies suitably or cancels the contract of insurance, compound the offence on payment to the Advisory Committee of such fine, not exceeding rupees one thousand, as he may decide in consultation with the Advisory Committee.] ______________________ 1. Substituted by Act 41 of 1999, section 30 and Schedule I, for "the Controller may, with the previous approval of the Central Government" (w.e.f. 19-4-2000). 2. Substituted by Act 41 of 1999, section 30 and Schedule I, for "him" (w.e.f. 19-4-2000). 3. Substituted by Act 41 of 1999, section 30 and Schedule I, for "he" (w.e.f. 19-4-2000). 4. Substituted by Act 41 of 1999, section 30 and Schedule I, for "Controller" (w.e.f. 19-4-2000).

Air Corporations Act, 1953 Complete Act

State: Central

Year: 1953

.....assemble or recondition aircraft, vehicles or other machines and parts, accessories and instruments thereof or therefore and also to manufacture such parts, accessories and instruments, whether the aircraft, vehicles or other machines are owned by the Corporation or by any other person; (f) to enter into and perform all such contracts as are calculated to further the efficient performance of its duties and the exercise of its powers under this Act; (g) to perform any functions as agent or contractor in relation to an air transport service operated by any other person; (h) with the previous approval of the Central Government, to enter into agreements with any person engaged in air transportation with a view to enabling such person to provide air transport services on behalf of or in association with the Corporation; (i) with the previous approval of the Central Government, to determine and levy fares and freight rates and other charges for or in respect of the carriage of passengers and goods on air transport services operated by it; 9[(ii) to make such grants as it thinks fit as contribution or donation, in furtherance of the interests of the Corporation, to any.....

Cinematograph Act, 1918 Complete Act

State: Central

Year: 1918

.....a house, building,5[tent or any description of transport, whether by sea, land or air;] and "prescribed" means prescribed by rules made under this Act. SECTION 02A: RULE OF CONSTRUCTION IN THE APPLICATION OF ACT TO PART B STATES In the application of this Act to any7[Part B State], unless there is anything repugnant in the subject or context,- 7[(a) * * * * *] (b) references to the District Magistrate shall be construed as references to the corresponding authority in the7[Part B State]; and 6[(c) * * * *]]. SECTION 03: CINEMATOGRAPH EXHIBITIONS TO BE LICENSED Save as otherwise provided in this Act, no person shall give an exhibition by means of a cinematograph elsewhere than in a place licensed under this Act or otherwise than in compliance with any conditions and restrictions imposed by such licence. SECTION 04: LICENSING AUTHORITY The authority having power to grant licences under this Act (hereinafter referred to as the "licensing authority") shall be the District Magistrate, or, in a presidency town the Commissioner of Police: Provided that the8[State Government] may, by notification in the9[Official Gazette,], constitute for the whole or any part of.....

Disaster Management Act, 2005 Complete Act

State: Central

Year: 2005

.....case of emergency, have power to exercise all or any of the powers of the National Authority but exercise of such powers shall be subject to ex post facto ratification by the National Authority. SECTION 7: Constitution of advisory committee by National Authority: (1) The National Authority may constitute an advisory committee consisting of experts in the field of disaster management and having practical experience of disaster management at the national, State or district level to make recommendations on different aspects of disaster management. (2) The members of the advisory committee shall be paid such allowances as may be prescribed by the Central Government in consultation with the National Authority. SECTION 8: Constitution of National Executive Committee: (1) The Central Government shall, immediately after issue of notification under sub-sec. (1) of (S.3), constitute a National Executive Committee to assist the National Authority in the performance of its functions under this Act. (2) The National Executive Committee shall consist of the following members, namely: (a) the Secretary to the Government of India in charge of the Ministry or Department of the Central.....

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.....

Wildlife Protection Act Complete Act

State: Central

Year: 1887

....."lives stock" includes buffaloes, bulls, bullocks, camels, cows, donkeys goats, horses, mules, pigs, sheeps, yaks and also their young;] (19) "Manufacturer" means a manufacturer of animal articles; (20) "Meat" includes blood, bones, sinew, eggs, fat and flesh, whether raw or cooked, of any wild animal, other than vermin; (21) "National Park" means an area declared, whether under setion 35 of section 38, or deemed, under sub-section (3) of section 66, to be declared, as a National Park; (22) "Notification" means a noification published in the Official Gazette; (23) "Permit" means a permit granted under this Act or any rule made thereunder; (24) "Person" includes a firm; (25) "Prescribed" means by rules made under this Act; 1[(25A) "recognised zoo" means a zoo recognised under section 38H; (25B) "reserve forest" means the forest declared to reserved by the State Government under section 20 of the Indian Forest Act,1927 (16 of 1927);] (26) "sanctuary" means an area declared, whether under section 2[26A] or section 66, to be declared as wild life sanctuary; 2[(27) "specified plant" means any plant specified in Schedule VI;] (28) "special game" means any animal specified in Schedule.....

The Chhattisgarh Krishi Upaj Mandi (Amendment) Adhiniyam, 2005 Complete Act

State: Chattisgarh

Year: 2005

.....the produce to the party of the Second part at a mutually renegotiated price. OR (b) In open market (to bulk Buyer viz exporter/processor/manufacturer etc.) and if he gets a price less than the price contracted he will pay to the party of the Second part for his investment proportionately less. OR (c) In the Market yard and if the price obtained by him is less than contracted price then he will return proportionately less for the party of the Second investment. In the event the party of the Second part refuses/fails to take the delivery of the contracted produce for his own reasons then the party of the First part will be free to sell the produce in the open market and if the price received is lower than the contracted price the difference will be on account of the party of the Second part and the party of the second part shall pay the said difference to the party of the First part within a period of........................................days from asserting the said difference. Clause-5 The party of the First part agrees to adopt instructions/practices in respect of Land preparation, nursery, fertilization, pest management, irrigation, harvesting and any other,.....