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Section 8: Bar on future employment of members.

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

The Chairperson and the whole-time members shall not, for a period of two years from the date on which they cease to hold office as such, except with the previous approval of the Central Government, accept--

(a) any employment either under the Central Government or under any State Government; or

(b) any appointment in any company in the insurance sector.

Where this provision sits

ActThe Insurance Regulatory and Development Authority Act, 1999
Section8
Marginal noteBar on future employment of members.
JurisdictionCentral
StatusIn force as published by the source

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