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THE INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY ACT, 1999.ACT NO. 41 OF 1999.[29th December, 1999]
An Act to provide for the establishment of an Authority to protect the interests of holders of insurance policies, to regulate, promote and ensure orderly growth of the insurance industry and for matters connected therewith or incidental thereto and f rther to amend the
Insurance Act, 1938, the Life Insurance Corporation Act, 1956 and the
General Insurance Business (Nationalisation) Act, 1972.BE it enacted by Parliament in the Fiftieth Year of the Republic of India as follows:-