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Union of India - Section

Section 51 in Insurance Regulatory and Development Authority of India (Unit Linked Insurance Products) Regulations, 2019

51. Power to issue clarifications.

(a)In order to remove any difficulties in respect of the application or interpretation of any of the provisions of these Regulations, the Chairperson may issue appropriate circulars, clarifications or guidelines, as and when required.
(b)The Chairperson may also issue circulars or guidelines relating to the Regulation of Unit Linked insurance products including, but not limited to, their administration, market conduct and disclosure norms, etc., as may be required.