The Insurance Act

Prohibition of payment by way of commission or otherwise for procuring business

[Omitted.]

Limitation of expenses of management in life insurance business

Limitation of expenses of management in general insurance business

Prohibition of rebates

Appointment of insurance agents

Prohibition of insurance business through principal agent, special agent and multilevel    marketing

Issue of registration to intermediary or insurance intermediary

Commission, brokerage or fee payable to intermediary or insurance intermediary

Register of insurance agents

Power to call for information


COMMISSION AND REBATES AND LICENSING OF AGENTS 


1[42E. Condition for intermediary or insurance intermediary. --Without prejudice to the
provisions contained in this Act, the Authority may, by regulations made in this behalf, specify the
requirements of capital, form of business and other conditions, to act as an intermediary or an insurance
intermediary.] 

LAWGIST

# 42E Commission, brokerage or fee payable to intermediary or insurance intermediary