LawgistThe Insurance Act
40A[Omitted.]
[Limitation of expenditure on commission.] -- Omitted by the Insurance Laws (Amendment) Act, 2015 (5 of 2015), s. 46 (w.e.f. 26-12-2014)].
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COMMISSION AND REBATES AND LICENSING OF AGENTS
- 40 Prohibition of payment by way of commission or otherwise for procuring business
- 40A [Omitted.]
- 40B Limitation of expenses of management in life insurance business
- 40C Limitation of expenses of management in general insurance business
- 41 Prohibition of rebates
- 42 Appointment of insurance agents
- 42A Prohibition of insurance business through principal agent, special agent and multilevel marketing
- 42D Issue of registration to intermediary or insurance intermediary
- 42E Commission, brokerage or fee payable to intermediary or insurance intermediary
- 43 Register of insurance agents
- 44 [Omitted.]
- 44A Power to call for information
