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Section 29: Business of an insurer

Insurance Rules, 1939Central Rules · 1938

For the purpose of the Act, thebusiness of an insurer shall be deemed to be transacted-

(c) in India, if the insurance business, wherever effected,relates to any property situate in India or to any vessel or aircraftregistered in India;

(d) in India or the States, according as the premiums in respectof those transactions are ordinarily paid in India or the States, asthe case may be:

Provided that if any question arises whether any premiums areordinarily paid inside or outside the States of India, the Controllershall decide the question and his decision shall be final.

Where this provision sits

ActInsurance Rules, 1939
Section29
Marginal noteBusiness of an insurer
JurisdictionCentral
StatusIn force as published by the source

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