Act 51 of 1971

The Emergency Risks (Undertakings) Insurance Act, 1971

An Act to make certain provisions for the insurance of certain property in India against damage arising from emergency risks and for matters connected therewith or incidental thereto.

  • Ministry of Finance
  • Department of Financial Services
  • Enacted 1971-12-10
  • 18 sections
SectionTitle
1 Short title, extent and duration. RepealedRead
2 Definitions. RepealedRead
3 Emergency Risks (Undertakings) Insurance Scheme. RepealedRead
4 Employment of agents by the Central Government. RepealedRead
5 Duty of owners of undertakings to insure against emergency risks. RepealedRead
6 Restrictions on carrying on certain insurance business. RepealedRead
7 Emergency Risks (Undertakings) Insurance Fund. RepealedRead
8 Power of Central Government to obtain information. RepealedRead
9 Punishment for giving false information. RepealedRead
10 Payment towards cost of removal and reconstruction of insurable property. RepealedRead
11 Determination of premiums unpaid. RepealedRead
12 Limitation on prosecutions. RepealedRead
13 Composition of offences. RepealedRead
14 Bar of legal proceedings. RepealedRead
15 Power to exempt undertakings. RepealedRead
16 Refund of premiums in certain cases. RepealedRead
17 Removal of doubts. RepealedRead
18 Notification under section 15 to be laid before Parliament. RepealedRead
Scroll to Top