64C. Councils of Life Insurance and General Insurance
64C. Councils of Life Insurance and General Insurance.—On and from the date of commencement of this Act, —
(a)
the existing Life Insurance Council, a representative body of the insurers, who carry on the life insurance business in India; and
(b)
the existing General Insurance Council, a representative body of insurers, who carry on general, health insurance business and re-insurance in India, shall be deemed to have been constituted as the respective Councils under this Act.
Amendment notes (1)
- Subs w.e.f. 26-12-2014 . Subs. by s. 71, ibid., for sections 64C and 64D (w.e.f. 26-12-2014).