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INSURANCE LAWS (AMENDMENT) ACT, 2015
Section
Section Title
PREAMBLE
CHAPTER I: PRELIMINARY
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1
Short title and commencement
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CHAPTER II: AMENDMENTS TO THE INSURANCE ACT, 1938
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2
Substitution of references to certain expressions by certain other expressions
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3
Amendment of section 2
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4
Insertion of new section 2CB
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5
Omission of section 2E
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6
Amendment of section 3
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7
Substitution of new section for section 3A
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8
Substitution of new section for section 4
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9
Amendment of section 5
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10
Substitution of new section for section 6
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11
Amendment of section 6A
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12
Omission of section 6AA
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13
Amendment of section 6B
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14
Omission of sections 6C, 7, 8 and 9
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15
Amendment of section 10
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16
Substitution of new section for section 11
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17
Substitution of new section for section 12
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18
Amendment of section 13
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19
Substitution of new section for section 14
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20
Substitution of new section for section 15
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21
Omission of section 16
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22
Omission of sections 17 and 17A
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23
Amendment of section 20
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24
Amendment of section 21
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25
Amendment of section 22
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26
Substitution of new sections for sections 27, 27A, 27B, 27C and 27D
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27
Substitution of new section for section 28, section 28A and section 28B
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28
Substitution of new section for section 29
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29
Substitution of new section for section 30
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30
Amendment of section 31
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31
Amendment of section 31A
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32
Substitution of new section for section 31B
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33
Omission of section 32
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34
Amendment of section 32A
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35
Amendment of section 32B
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36
Insertion of new section 32D
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37
Substitution of new section for section 33
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38
Amendment of section 34B
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39
Nomination by policyholder
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40
Prohibition of payment by way of commission or otherwise for procuring business
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41
Amendment of section 34H
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42
Amendment of section 35
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43
Substitution of new section for section 36
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44
Amendment of section 37A
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45
Substitution of new sections for sections 38, 39 and 40
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46
Omission of section 40A
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47
Substitution of new sections for sections 40B and 40C
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48
Amendment of section 41
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49
Substitution of new section for section 42
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50
Substitution of new section for sections 42A, 42B and 42C
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51
Amendment of section 42D
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52
Substitution of new section for section 42E
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53
Substitution of new section for section 43
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54
Omission of section 44
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55
Substitution of new sections for sections 44A and 45
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56
Omission of sections 47A and 48
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57
Substitution of new section for section 48A
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58
Amendment of section 49
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59
Substitution of new sections for sections 52 and 52A
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60
Amendment of section 52BB
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61
Substitution of new section for section 52D
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62
Amendment of section 52E
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63
Amendment of section 52F
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64
Amendment of section 52G
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65
Omission of sections 52H, 52-I, 52J, 52K, 52L, 52M and 52N
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66
Amendment of section 53
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67
Amendment of section 58
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68
Omission of section 59
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69
Amendment of heading
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70
Omission of sections 64A and 64B
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71
Substitution of new sections for sections 64C and 64D
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72
Substitution of new section for section 64F
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73
Amendment of section 64G
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74
Omission of section 64-I
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75
Amendment of section 64J
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76
Amendment of section 64L
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77
Amendment of section 64N
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78
Amendment of section 64R
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79
Omission of sections 64S and 64T
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80
Omission of sections 64U, 64UA, 64UB, 64UC, 64UD, 64UE, 64UF, 64UG, 64UH, 64U-I, 64UJ, 64UK and 64UL
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81
Insertion of new section 64ULA
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82
Substitution of new section for section 64UM
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83
Substitution of new sections for sections 64V and 64VA
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84
Substitution of new section for section 64VC
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85
Omission of Part III and Part IIIA
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86
Omission of Part IV
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87
Amendment of section 102
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88
Substitution of new sections for sections 103 and 104
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89
Amendment of section 105
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90
Substitution of new sections for sections 105B and 105C
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91
Amendment of section 106A
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92
Omission of section 107 and 107A
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93
Substitution of new section for section 109
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94
Substitution of new section for section 110
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95
Omission of section 110E
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96
Omission of sections 110G and 110H
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97
Insertion of new section 110HA
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98
Amendment of section 111
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99
Substitution of new section for section 113
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100
Amendment of section 114
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101
Amendment of section 114A
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102
Omission of Fifth, Sixth and Eighth Schedules
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Chapter III - AMENDMENTS TO THE GENERAL INSURANCE BUSINESS (NATIONALISATION) ACT, 1972
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103
Insertion of a new section 10B
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104
Omission of section 25
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Chapter IV - AMENDMENTS TO THE INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY ACT, 1999
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105
Amendment of section 2
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106
Amendment of section 3
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107
Amendment of section 16
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108
Repeal and savings
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