Insurance Regulatory and Development Authority Act, 1999

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Contents
CHAPTER I PRELIMINARY
1.    Short title, extent and commencement
2.     Definitions
CHAPTER II INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY
3.    Establishment and incorporation of Authority
4.    Composition   of Authority
5.    Tenure of office of Chairperson and other members
6.    Removal from office
7.    Salary and allowances of Chairperson and members
8.    Bar on future employment of members
9.    Administrative powers of Chairperson
10.  Meetings of Authority
11.  Vacancies, etc., not to invalidate proceedings of Authority  
12.  Officers and employees of Authority
CHAPTER III TRANSFER OF ASSETS, LIABILITIES, ETC., OF INTERIM INSURANCE
REGULATORY AUTHORITY
13.  Transfer of assets, liabilities, etc., of Interim Insurance Regulatory Authority
CHAPTER IV DUTIES,  POVVEHS AND FUNCTIONS   OF AUTHORITY
14.  Duties, powers and functions of Authority   
CHAPTER V FINANCE, ACCOUNTS AND AUDIT
15.  Grants by Central Government   
16.  Constitution of Fund
17.  Accounts and audit   
CHAPTER VI MISCELLANEOUS
18.  Power of Central Government to issue directions
19.  Power of Central Government to supersede Authority
20.  Furnishing of returns, etc., to Central Government
21.  Chairperson, members, officers and other employees of Authority to be public servants
22.  Protection of action taken in good faith
23.  Delegation of powers
24.  Power to make rules
25.  Establishment of Insurance Advisory Committee
26.  Power to make regulations
27.  Rules and regulations to be laid before Parliament
28.  Application of other laws not barred
29.  Power to remove difficulties
30.  Amendment of Act 4 of 1938                                           .         .
31.  Amendment of Act 31 of 1956                                         .
32.  Amendment of Act 57 of 1972
THE FIRST SCHEDULE.—     Amendments to the Insurance Act, 1938 (4 of 1938)
THE SECOND SCHEDULE.—Amendments to the Life Insurance Corporation Act, 1956 (31 of 1956)
THE THIRD SCHEDULE.—    Amendment to the General Insurance Business (Nationalisation) Act, 1972 (57 of 1972)
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