Lawgist64GResignation and filling up of casual vacancies
(1) Any member of the Executive Committee of the Life Insurance Council or of the General Insurance Council may resign his membership of the Committee by notice in writing addressed to the chairman of the Committee to that effect.
(2) Casual vacancies in the Executive Committee of the Life Insurance Council or of the General Insurance Council, whether caused by resignation, death or otherwise, shall be filled 1[in such manner as may be laid down in the bye-laws of the Council concerned], and any person so nominated to fill the vacancy shall hold office until the dissolution of the Committee to which he has been nominated.
(3) No act of the Executive Committee of the Life Insurance Council or of the General Insurance Council shall be called in question on the ground merely of the existence of any vacancy in, or defect in the constitution of the Committee concerned.
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1. Subs. by Act 5 of 2015, s. 73, for "by nomination by the Authority" (w.e.f. 26-12-2014).
- 64A [Omitted.]
- 64B [Omitted.]
- 64C Councils of Life Insurance and General Insurance
- 64D Authorisation to represent in Councils
- 64E Authorities of the Life Insurance Council and the General Insurance Council
- 64F Executive Committees of the Life Insurance Council and the General Insurance Council
- 64G Resignation and filling up of casual vacancies
- 64H Duration and dissolution of Executive Committees
- 64-I Omitted.
- 64J Omitted
- 64K Omitted
- 64L Functions of Executive Committee of General Insurance Council
- 64M Executive Committee of General Insurance Council may advise in controlling expenses
- 64N Power of the Executive Committees to act together in certain cases
- 64-O Omitted.
- 64P [Omitted.]
- 64Q [Omitted.]
- 64R General power of Life Insurance Council and General Insurance Council
- 64S [Omitted.]
- 64T [Omitted.]
