Section 1
Short title and commencement.
The Life Insurance Corporation Act, 1956
About this Act
An Act to provide for the nationalisation of life insurance business in India by transferring all such business to a Corporation established for the purpose and to provide for the regulation and control of the business of the Corporation and for matters connected therewith or incidental thereto.
(1) This Act may be called the Life Insurance Corporation
Act, 1956.
(2) It shall come into force on such date 1 as the Central Government may, by notification in the Official Gazette, appoint.
(2) It shall come into force on such date 1 as the Central Government may, by notification in the Official Gazette, appoint.
Notes
1 1st July, 1956, vide notification No. S. R. O. 1456, dated 26th June, 1956, see Gazette of India, Extraordinary, Part II, sec. 3.