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The 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
  • 40B
     Limitation of expenses of management in life insurance business
  • 40C
     Limitation of expenses of management in general insurance business
  • 41
     Prohibition of rebates
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