Bare Act Search Results

Insurance Regulatory and Development Authority Act, 1999 Complete Act

State: Central

Year: 1999

.....thereto and further to amend the Insurance Act, 1938, the Life Insurance Corporation Act, 1956 and the General Insurance Business (Nationalisation) Act, 1972. Be it enacted by Parliament in the Fiftieth Year of the Republic of India as follows: STATEMENT OF OBJECTS AND REASONS 1. The insurance industry requires a high degree of regulation. The Insurance Act, 1938 provides for the institution of the Controller of Insurance to act as a strong and powerful supervisory and regulatory authority with powers to direct, advise, caution, prohibit, investigate, inspect, prosecute, search, seize, fine, amalgamate, authorise, register and liquidate insurance companies. However, after the nationalisation of the life insurance industry in 1956 and the general insurance industry in 1972, the role of the Controller of Insurance diminished in significance over a period of time. 2. In April, 1993, the Government set up a high-powered Committee headed by Shri R.N. Malhotra, former Governor, Reserve Bank of India, to examine the structure of the insurance industry and recommend changes to make it more efficient and competitive keeping in view the structural changes in other parts of the financial.....

National Trust for Welfare of Persons with Autism, Cerebral Palsy, Mental Retradation and Multiple Disabilities Act, 1999 Complete Act

State: Central

Year: 1999

.....other officers and employees of the Trust shall be such as may be determined by regulations. SECTION 09: VACANCIES IN BOARD NOT TO INVALIDATE ACTS, ETC -No act or proceeding of the Board shall be called in question on the grounds merely of the existence of any vacancy in, or any defect in the constitution of, the Board. SECTION 10: OBJECTS OF TRUST -The objects of the Trust shall be- (a) to enable and empower persons with disability to live as independently and as fully as possible within and as close to the community to which they belong; (b) to strengthen facilities to provide support to persons with disability to live within their own families; (c) to extend support to registered organisations to provide need based services during the period of crisis in the family of persons with disability; (d) to deal with problems of persons with disability who do not have family support: (e) to promote measures for the care and protection of persons with disability in the event of death of their parent or guardian; (f) to evolve procedure for the appointment of guardians and trustees for persons with disability requiring such protection; (g) to facilitate the realisation of equal.....

Geographical Indications of Goods (Registration and Protection) Act, 1999 Complete Act

State: Central

Year: 1999

.....expressions used and not defined in this Act but defined in the Trade Marks Act, 1999shall have the meanings respectively assigned to them in that Act. (3) In this Act, unless the context otherwise requires, any reference- (a) to the use of a geographical indication shall be construed as a reference to the use of a printed or other visual representation of the geographical indication; (b) to the use of a geographical indication in relation to goods shall be construed as a reference to the use of the geographical indication upon, or in any physical or in any other relation whatsoever, to such goods; (c) to a registered geographical indication shall be construed as including a reference to a geographical indication registered in the register; (d) to the Registrar shall be construed as including a reference to any officer when discharging the functions of the Registrar in pursuance of sub-section (2) of section 3-; (e) to the Geographical Indications Registry shall be construed as including a reference to any office of the Geographical Indications Registry. SECTION 03: REGISTRAR OF GEOGRAPHICAL INDICATIONS (1) The Controller-General of Patents, Designs and Trade Marks appointed.....

Insurance Regulatory and Development Authority Act, 1999 Chapter 4

Title: Duties, Powers and Functions of Authority

State: Central

Year: 1999

.....of insurance claim, surrender value of policy and other terms and conditions of contracts of insurance; (c) specifying requisite qualifications, code of conduct and practical training for intermediary or insurance intermediaries and agents; (d) specifying the code of conduct for surveyors and loss assessors; (e) promoting efficiency in the conduct of insurance business; (f) promoting and regulating professional organisations connected with the insurance and re-insurance business; (g) levying fees and other charges for carrying out the purposes of this Act; (h) calling for information from, undertaking inspection of, conducting enquiries and investigations including audit of the insurers, intermediaries, insurance intermediaries and other organisations connected with the insurance business; (i) control and regulation of the rates, advantages, terms and conditions that may be offered by insurers in respect of general insurance business not so controlled and regulated by the Tariff Advisory Committee under section 64U of the Insurance Act, 1938; (j) specifying the form and manner in which books of account shall be maintained and statement of accounts, shall be.....

Insurance Regulatory and Development Authority Act, 1999 Section 14

Title: Duties, Powers and Functions of Authority

State: Central

Year: 1999

.....of insurance claim, surrender value of policy and other terms and conditions of contracts of insurance; (c) specifying requisite qualifications, code of conduct and practical training for intermediary or insurance intermediaries and agents; (d) specifying the code of conduct for surveyors and loss assessors; (e) promoting efficiency in the conduct of insurance business; (f) promoting and regulating professional organisations connected with the insurance and re-insurance business; (g) levying fees and other charges for carrying out the purposes of this Act; (h) calling for information from, undertaking inspection of, conducting enquiries and investigations including audit of the insurers, intermediaries, insurance intermediaries and other organisations connected with the insurance business; (i) control and regulation of the rates, advantages, terms and conditions that may be offered by insurers in respect of general insurance business not so controlled and regulated by the Tariff Advisory Committee under section 64U of the Insurance Act, 1938; (j) specifying the form and manner in which books of account shall be maintained and statement of accounts, shall be.....

Insurance Regulatory and Development Authority Act, 1999 Schedule 1

Title: First Schedule

State: Central

Year: 1999

.....the expressions "group" and "same management" shall have the same meanings respectively assigned to them in the Monopolies and Restrictive Trade Practices Act, 1969 (54 of 1969)."; (b) in sub-section (11),-- (i) for "Explanation 1", substitute "Explanation"; (ii) omit Explanation 2. 11. After section 6A, insert the following:-- "6AA. Manner of divesting excess shareholding by promoter in certain cases. (1) No promoter shall at any time hold more than twenty-six per cent. or such other percentage as may be prescribed, of the paid-up equity capital in an Indian insurance company: Provided that in a case where an Indian insurance company begins the business of life insurance, general insurance or re-insurance in which the promoters hold more than twenty-six per cent. of the paid-up equity capital or such other excess percentage as may be prescribed, the promoters shall divest in a phased manner the share capital in excess of the twenty-six per cent, of the paid-up equity capital or such excess paid-up equity capital as may be prescribed, after a period of ten years from the date of the commencement of the said business by such Indian insurance company or within such.....

Karnataka Electricity Reform Act, 1999 Section 5

Title: Conditions for Appointment as Member of the Commission

State: Karnataka

Year: 1999

.....transmission, distribution or supply of electricity; (ii)manufacture, sale or supply of any fuel for generation of electricity; (iii)manufacture, sale, lease, hire, supply or otherwise dealing in machinery, plant, equipment, apparatus or fittings for the generation, transmission, distribution, supply or use of electricity; and (iv)any entity providing professional services to any of the businesses referred to in clauses (i), (ii) and (iii) above; and (b) of such other details and information as may be prescribed. Explanation.--For the purpose of this section, the term "relative" shall have the same meaning as defined under section 6 of the Companies Act, 1956 and a member and his relatives shall not be taken as holding financial interest in any business of a public company if they are shareholders holding in aggregate less than two percent of the issued share capital in that public company. (4) The details received from the persons shall be placed for consideration of the selection committee at the time of selection and recommendation of the persons for appointment as member. (5) Before recommending any person as a member, the selection committee shall.....

The Kerala Revenue Card Act, 1999 [1] Complete Act

State: Kerala

Year: 1999

.....suit or other proceedings shall lie against any officer or authority for anything which is done or purports to be done in good faith under this Act or the rules made thereunder. 18. Exemption ."Nothing contained in this Act shall apply to any land owned by the Central Government or the State Government or any local authority. 19. Power of the State Government to direct that the Revenue Card may be accepted in lieu of various certificates issued by Government Departments etc." (1) Notwithstanding anything contained in this Act or in any other law for the time being in force the State Government may, by notification in the Gazette, direct that the entries in the Revenue Card issued under this Act maybe used by the holder of such card as an authoritative document in lieu of the various certifi cates issued by the Government departments, local bodies and other institutions of the Government specified therein. (2) When a notification under sub-section (1) is issued the officers of the Government department or the local bodies concerned shall accept the entries in the card as an authoritative document in lieu of the various certificates mentioned in such.....

The Kerala Lok Ayukta Act, 1999 Complete Act

State: Kerala

Year: 1999

.....to have come into force on the 15th day of November, 1998. 2. Definitions - In this Act, unless the context otherwise requires,- (a) "action" means any action including administrative action taken by way of decision, recommendation or finding or in any other manner and includes wilful failure or omission to act and all other expressions relating to such action shall be construed accordingly; (b) "allegation", in relation to a public servant, means any affirmation that such public servant,- (i) has abused his position as such public servant to obtain any gain or favour to himself or to any other person or to cause undue harm or hardship to any other person; (ii) was actuated in the discharge of his functions as such public servant by persosnal interest or improper or corrupt motives; or (iii) is guilty of corruption, favouritism, nepotism or lack of integrity in his capacity as such public servant; (c) "Chief Minister" means the Chief Minister of the State; (d) "competent authority", in relation to a public servant, means- (i) in the case of the Chief Minister or a Member of the State Legislature, or an.....

The Kerala Infrastructure Investment Fund Act, 1999 Complete Act

State: Kerala

Year: 1999

THE KERALA INFRASTRUCTURE INVESTMENT FUND Act, 1999 THE KERALA INFRASTRUCTURE INVESTMENT FUND Act, 1999 (Act 4 Of 2000) [1] An Act to provide for the constitution of a fund for investments in the infrastructure projects in the State and for matters connected therewith or incidental thereto. Preamble. " Whereas it is expedient to constitute a fund for investments in the infrastructure projects in the State and for matters connected therewith or incidental thereto. be it enacted in the Fiftieth Year of the Republic of India as follows:" 1, Short title, extent and commencement. " (1) This Act may be called the Kerala Infrastructure Investment Fund Act, 1999. (a).It extends to the whole of the State of Kerala . (b). It shall be deemed to have come into force on the 11th day of November, 1999. 2. Definitions. " In this Act, unless the context otherwise requires, " (a). 'Board' means the Kerala Infrastructure Investment Fund Board constituted under section 4; (b). 'Financial assistance' means the types of assistance speci fied in the Scheme; (c). 'Fund' means the Kerala Infrastructure Investment Fund, established under section 3 and the scheme; (d). 'Fund Manager' means the.....