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[Cites 0, Cited by 1] [Section 29(3)] [Section 29] [Entire Act]

Union of India - Subsection

Section 29(3)(a) in The Insurance Act, 1938

(a)any loans or temporary advances either on hypothecation of property or on personal security or otherwise, except such loans as may be specified by the regulations including the loans sanctioned as part of their salary package to the full-time employees of the insurer as per the scheme duly approved by its Board of Directors;