Section 40C

Limitation of expenses of management in general insurance business.

The Insurance Act, 1938

  • Act 4 of 1938
  • Ministry of Finance
  • Department of Financial Services
About this Act

An Act to consolidate and amend the law relating to the business of insurance.

All sections
    1[40C. Limitation of expenses of management in general, health insurance and re-insurance business. --Every insurer transacting insurance business in India shall furnish to the Authority, the details of expenses of management in such manner and form as may be specified by the regulations made under this Act.]

Notes

1. Subs. by Act 5 of 2015, s. 47, for sections 40B and 40C (w.e.f. 26-12-2014).

Source: India Code (Legislative Department, Govt. of India). Check the official Gazette before relying on it in court. Not legal advice. Free legal aid: 15100 (NALSA) · Know your rights

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