The Insurance Regulatory and Development Authority Act

Power of Central Government to issued directions

Power of Central Government to supersede Authority

Furnishing of returns, etc., to Central Government

Chairperson, members, officers and other employees of Authority to be public servants

Protection of action taken in good faith

Delegation of powers

Power to make rules

Establishment of Insurance Advisory Committee

Power to make regulations

Rules and regulations to be laid before Parliament

Application of other laws not barred

Power to remove difficulties

Amendment of Act 4 of 1938

Amendment of Act 31 of 1956

Amendment of Act 57 of 1972


MISCELLANEOUS


No suit, prosecution or other legal proceedings shall
lie against the Central Government or any officer of the Central Government or any member, officer or
other employee of the Authority for anything which is in good faith done or intended to be done under
this Act or the rules or regulations made thereunder:

Provided that nothing in this Act shall exempt any person from any suit or other proceedings which
might, apart from this Act, be brought against him.

LAWGIST

# 22 Protection of action taken in good faith