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1[3A. Payment of annual fee by insurer.-- (1) An insurer who has been granted a certificate of
registration under section 3 shall pay such annual fee to the Authority in such manner as may be specified
by the regulations.
(2) Any failure to deposit the annual fee shall render the certificate of registration liable to be
cancelled.]
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1. Subs. by Act 5 of 2015, s. 7, for section 3A (w.e.f. 26-12-2014).