Life Insurance Corporation Act,1956 |
Act No : 31 of 1956 |
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Contents of Act: |
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| SECTION( CHAP ) TRANSFER OF EXISTING LIFE INSURANCE BUSINESS TO THE CORPORATION |
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| SECTION( 7. ) Transfer of assets and liabilities of existing insurers carrying oncontrolled business. |
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| SECTION( 8. ) Provident, superannuation and other like funds. |
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| SECTION( 9. ) General effect of vesting of controlled business. |
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| SECTION( 10. ) Provisions as to composite insurers. |
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| SECTION( 11. ) Transfer of service of existing employees of insurers to theCorporation. |
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| SECTION( 12. ) Transfer of services of existing employees of chief agents of insurersto the Corporation in certain cases. |
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| SECTION( 13. ) Duty to deliver possession of property and documents relating thereto. |
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| SECTION( 14. ) Power of Corporation to modify contracts of life insurance in certaincases. |
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| SECTION( 15. ) Right of Corporation to seek relief in respect of certain transactionsof the insurer. |
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