64C. Councils of Life Insurance and General Insurance
On and from the date of commencement of this Act,--(a)the existing Life Insurance Council, a representative body of the insurers, who carry on the life insurance business in India; and(b)the existing General Insurance Council, a representative body of insurers, who carry on general, health insurance business and re-insurance in India,shall be deemed to have been constituted as the respective Councils under this Act.
