Section 18: Power of Central Government to issued directions.

The Insurance Regulatory and Development Authority Act, 1999Central Act · Act 41 of 1999

(1) Without prejudice to the foregoing provisions of this Act, the Authority shall, in exercise of its powers or the performance of its functions under this Act, be bound by such directions on questions of policy, other than those relating to technical and administrative matters, as the Central Government may give in writing to it from time to time:

Provided that the Authority shall, as far as practicable, be given an opportunity to express its views before any direction is given under this sub-section.

(2) The decision of the Central Government, whether a question is one of policy or not, shall be final.

Where this provision sits

Act	The Insurance Regulatory and Development Authority Act, 1999
Section	18
Marginal note	Power of Central Government to issued directions.
Jurisdiction	Central
Status	In force as published by the source

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