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The Insurance Act, 1938

Part II — PROVISIONS APPLICABLE TO INSURERS

Section 42ECommission, brokerage or fee payable to intermediary or insurance intermediary

Read in the full Act
Section 42E: Commission, brokerage or fee payable to intermediary or insurance intermediary

42E. Commission, brokerage or fee payable to intermediary or insurance intermediary

[42E. Condition for intermediary or insurance intermediary. —Without prejudice to the provisions contained in this Act, the Authority may, by regulations made in this behalf, specify the requirements of capital, form of business and other conditions, to act as an intermediary or an insurance intermediary.]

Amendment notes (1)
  1. Subs w.e.f. 26-12-2014 . Subs. by s. 51, ibid., for section 42E (w.e.f. 26-12-2014).