# 33 Requirement of foreign laws to be complied with in certain cases
Where any property or rights appertaining to the controlled business of an insurer are transferred to and vested in the Corporation under this Act or would be so transferred and vested but for the fact that such transfer and vesting are governed otherwise than by the law of India, the insurer shall comply with such directions as may be given to him by the Corporation for the purpose of securing that the ownership of the property or, as the case may be, that the right is effectively transferred to the Corporation.
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30
Corporation to have the exclusive privilege of carrying on life insurance business30A
Exclusive privilege of Corporation to cease31
Exception in the case of insurance business in respect of persons residing outside India32
Power of Corporation to have official seal in certain cases34
Revesting of certain shares vested in the Administrator General35
Repatriation of assets and liabilities in the case of foreign insurers in certain cases36
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