Lawgist20Furnishing of returns, etc., to Central Government
(1) The Authority shall furnish to the Central Government at such time and in such form and manner as may be prescribed, or as the Central Government may direct to furnish such returns, statements and other particulars in regard to any proposed or existing programme for the promotion and development of the insurance industry as the Central Government may, from time to time, require.
(2) Without prejudice to the provisions of sub-section (1), the Authority shall, within nine months after the close of each financial year, submit to the Central Government a report giving a true and full account of its activities including the activities for promotion and development of the insurance business during the previous financial year.
(3) Copies of the reports received under sub-section (2) shall be laid, as soon as may be after they are received, before each House of Parliament.
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- 18 Power of Central Government to issued directions
- 19 Power of Central Government to supersede Authority
- 20 Furnishing of returns, etc., to Central Government
- 21 Chairperson, members, officers and other employees of Authority to be public servants
- 22 Protection of action taken in good faith
- 23 Delegation of powers
- 24 Power to make rules
- 25 Establishment of Insurance Advisory Committee
- 26 Power to make regulations
- 27 Rules and regulations to be laid before Parliament
- 28 Application of other laws not barred
- 29 Power to remove difficulties
- 30 Amendment of Act 4 of 1938
- 31 Amendment of Act 31 of 1956
- 32 Amendment of Act 57 of 1972
