Life Insurance Corporation Act : Corporation to be guided by the directions of Central Government.

Life Insurance Corporation Act,1956

Act No : 31

Section : Corporation to be guided by the directions of Central Government.

21. Corporation to be guided by the directions of Central Government. In the discharge of its functions under this Act, the Corporation shall be guided by such directions in matters of policy involving public interest as the Central Government may give to it in writing; and if any question arises whether a direction relates to a matter of policy involving public interest the decision of the Central Government thereon shall be final.