Bare Act Search Results

INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY (PROTECTION OF POLICY HOLDERS'INTERESTS) REGULATIONS, 2002 Complete Act

State: Central

Year: 2002

.....and Development Authority Act, 1999 (41 of 1999) or the Insurance Rules, 1939 shall have the meanings respectively assigned to them in those Acts or the rules. Regulation 3 Point of Sale (1) Notwithstanding anything mentioned in Regulation 2(e) above, a prospectus of any insurance product shall clearly state the scope of benefits, the extent of insurance cover and in an explicit manner explain the warranties, exceptions and conditions of the insurance cover and, in case of life insurance, whether the product is participating (with profits) or non-participating (without profits). The allowable rider or riders on the product shall be clearly spelt out with regard to their scope of benefits, and in no case, the premium relatable to all the riders put together shall exceed 30% of the premium of the main product. Explanation. The rider or riders attached to a life policy shall bear the nature and character of the main policy, viz. participating or non-participating and accordingly the life insurer shall make provisions, etc. in its books. (2) An insurer or its agent or other intermediary shall provide all material information in respect of a proposed cover to the prospect.....

Maharashtra Luxurycumentertainment Amusement Tax on Holders of Television Sets (Repeal) Act, 1982 Complete Act

State: Maharashtra

Year: 1982

.....that the rule should not he made, and notify such decision in the Official Gazette, the rule shall from the date of publication of such notification, have effect in such modified form or be of no effect, as the case may be; so, how ever, that any such modification or annulment shall be without prejudice to the validity of anything previously done or omitted to be done under that rule. SECTION 05: SAVINGS The provisions of Section 7 of the Bombay General Clauses Act, 1904, with regard to effect of repeal, shall apply. SECTION 06: POWER TO REMOVE DIFFICULTIES If any difficulty arises in giving effect to any of the provisions of this Act, the State Government may, as occasion arises, by order, do anything which appears to it to be necessary or expedient for the put poses of removing the difficulty Provided that no such order shall be made, after the expiry of a period of two years from the date of commencement of this Act. Maharashtra State Acts

Government Securities Act, 2006 Section 9

Title: Nomination by Holders of Government Securities

State: Central

Year: 2006

.....and the amount for the time being due thereon shall be paid accordingly. (4) A transfer of a Government security made in accordance with sub-section (2) of section 5 shall automatically cancel the nomination previously made: Provided that where a Government security is in the possession of a person either as a pledge or by way of security for any purpose, such possession shall not have the effect of cancelling the nomination, but the right of the nominee shall be subject to the right of the person so possessing it. (5) The Government may, on the recommendation of the Bank, by notification in the Official Gazette, extend the facility of nomination to any Government security as may be specified therein. (6) Nothing contained in sub-section (1) shall affect the right or claim which any person may have against the person whose right and title to a Government security is recognised by the Government or the Bank or to whom the payment of the amount due on the Government security is made by the Government or the Bank under sub-section (1). (7) No notice of any claim of any person, other than the person or persons in whose name a Government security is held or the.....

Karnataka] Village Offices Abolition Act, 1961 Section 9

Title: Relief to Holder of a Village Office

State: Karnataka

Year: 1961

.....cash allowance or other annual payment of money (not being the rent of land resumed under clause (b) of Section 12 of the Bombay Hereditary Offices Act, 1874 Bombay Act III of 1874), or a like provision under any existing law relating to village offices) made by the State Government to the holder under the existing law relating to village offices: Provided that where the land granted or continued in respect or annexed to a village office is not less than three acres in extent, the sum payable shall be three times the amount specified in this clause: Provided further that in determining the amount of annual cash allowance or other annual payment of money made by the State Government under this clause, the enhancement in such allowance or money ordered.-- (i) in the Mysore Area, excluding the Bellary District, by G.O. No. R. 23--77/L.R. 69--42--17, dated 18th October 1942, G.O. No. R. 3919--4007/L.R. 155--47, dated 24th September 1947 and G.O. No. RDF 111 VOA 57, dated 8th June 1957; (ii) in the Bombay Area, by G.O. No. G.R.R.D. No. 9790/33, dated 24th May 1944, G.R.R.D. No. 5741/45, dated 3rd July 1948 and G.O. R.D. No. RDF 111 VOA 57, dated 8th June 1957; (iii) in the.....

Income Tax Act, 1961 Section 115R

Title: Tax on Distributed Income to Unit Holders

State: Central

Year: 1961

.....stood as under: (i) twelve and one-half per cent on income distributed to any person being an individual or a Hindu undivided family ; and (ii) twenty per cent on income distributed to any other person : 6. Words open-ended omitted by the Finance Act, 2006, with effect from 1st June, 2006. 7. The expression for a period of one year commencing from the 1st day of April, 2003 omitted by the Finance (No. 2) Act, 2004, with retrospective effect from 1st April, 2004. 8. Inserted by the Finance Act, 2000, with effect from 1st June, 2000. 9. See rule 12B(1). For analysis, see Mashbras Income-tax Rules. 10. See rule 12B and Form Nos. 63 and 63A. For analysis, see Mashbras Income-tax Rules.

Insurance Act, 1938 (4 of 1938) Section 39

Title: Nomination by Policy-holder

State: Central

Year: 1938

.....section 6 of the Married Women's Property Act, 1874 ( 3 of 1874 ) applies8[or has at any time applied: Provided that where a nomination made whether before or after the commencement of the Insurance (Amendment) Act, 1946 , in favour of the wife of the person who has insured hi s life or of hi s wife and children or any of them is expressed, whether or not on the face of the policy, as being made under this section, the said section 6 shall be d eemed not to apply or not to have applied to the policy.] ________________________ 1. Insert by Act 11 of 1939, section 15. 2. The words "not being an absolute assignee of the benefits under the policy" omitted by Act 13 of 1941, section 26 (w.e.f. 8-4-1941). 3. Added by Act 47 of 1950, section 29 (w.e.f. 1-6-1950). 4. Substituted by Act 11 of 1939, section 15, for sub-section (3). 5. Added by Act 13 of 1941, section 26 (w.e.f. 8-4-1941). 6. Substituted by Act 11 of 1939, section 15, for "lifetime of the policy-holder". 7. Substituted by Act 11 of 1939, section 15, for "policy-holder". 8. Added by Act 6 of 1946, section 20 (w.e.f. 2-3-1946).

Karnataka (Belgaum and Gulbarga Areas) Religious and Charitable Inams Abolition Act, 1973 Section 8

Title: Lands and Buildings to Vest in the Holder of a Minor Inam

State: Karnataka

Year: 1973

.....beds, mines, quarries, rivers, streams, tanks and irrigation works; (ii)lands in respect of which any person is entitled to be registered under section4 or section 5 or section 7 or is entitled to be continued as a tenant undersection 6 and also the extent of land in respect of which the said person is notentitled to be registered in view of the restrictions in section 10 or section25 as the case may be; and (iii)lands upon which buildings owned by any person other than the holder of theminor inam have been erected. (2)Subject to the provisions of sub-section (3) every building situated within thelimits of the minor inam and which was owned immediately before the appointeddate by the holder of the minor inam shall, with effect from and on theappointed date, vest in the holder of the minor inam. (3)Notwithstanding anything contained in any law for the time being in force, theholder of a minor inam shall not be entitled to alienate the lands or thebuilding vesting in him under sub-section (1) or sub-section (2), except by wayof a simple mortgage to a society or a bank registered under the 1 [Karnataka]Co-operative Societies Act, 1959 (1 [Karnataka] Act 11 of 1959) or to.....

State Bank of India Subsidiary Banks Act, 1959 Section 13

Title: Compensation to Shareholders of Existing Banks Other Than the Bank of Patiala

State: Central

Year: 1959

.....in consultation with the Reserve Bank, and shall be offered by it to all those to whom compensation is payable under sub-section (1) in full satisfaction thereof. (3) If the amount of compensation offered by the State Bank in terms of sub-section (2) is not acceptable to any shareholder of an existing bank, such share-holder may, before such date as may be notified by the Central Government in the Official Gazelle, request the Central Government, in writing to have the mailer referred to the Tribunal. (4) If, before the date notified under sub-section (3), the Central Government receives request, in terms of that sub-section, from not less than one-fourth in number of the shareholders, holding not less than one-fourth in value of the paid-up share capital of the existing bank, the Central Government shall have the matter referred to the Tribunal for decision. (5) If, before the date notified under sub-section (3) the Central Government docs not receive requests as provided in that sub-section, the amount of compensation offered by the State Bank, and where a reference has been made to the Tribunal, the amount determined by it, shall be the compensation payable under.....

Companies Act, 1956 Section 152

Title: Register and Index of Debenture-holders

State: Central

Year: 1956

.....indication to enable the entries relating to that holder in the register to be readily found. (3) If default is made in complying with sub-section (1) or (2), the company, and every officer of the company who is in default, shall be punishable with fine which may extend to 3 [five hundred rupees]. (4) Sub-sections (1) to (3) shall not apply with respect of debentures which, ex facie, are payable to the bearer thereof: ____________________ 1. The words "distinguishing each share by its number" omitted by Act 22 of 1996, sec. 30 and Schedule (w.r.e.f. 20-9-1995). 2. Inserted by Act 8 of 1997, Section 12 (w.r.e.f. 15-1-1997). 3. Substituted by Act 53 of 2000, Section 62, for "fifty rupees" (w.e.f. 13-12-2000).

Karnataka] Village Offices Abolition Act, 1961 Section 5

Title: Re--grant of Land Resumed Under Section 4 to the Holder of the Village Office

State: Karnataka

Year: 1961

.....shall primarily be liable to pay land revenue to the State Government from the appointed date in accordance with the provisions of the Code and the rules and orders made thereunder; and all the provisions of the Code and the rules and orders relating to unalienated land or ryotwari land shall, subject to the provisions of this Act, apply to the said land: Provided that in respect of land which was not assigned under an existing law relating to the village office as the remuneration of the village office, an occupancy price equal to the amount of the full assessment of such land in the case of holders of inferior village offices and three times such amount in the case of holders of other village offices, shall be paid by or on behalf of the holder for its re--grant. (2) If there is a failure to pay the occupancy price under sub--section (1) within the prescribed period and in the prescribed manner, the holder shall be deemed to be unauthorisedly occupying the land and shall be liable to be summarily evicted therefrom by the Deputy Commissioner in accordance with the provisions of the Code. (3) The occupancy or the ryotwari patta of the land, as the case may be, re--granted.....