IRDAI circular · 13 May 2016
• ~·~ 'llRJl<l ai\rii1 fclf.l<llll<fi Jffi fcl<fiH-1 ~ a11nmw INSURANCE REGULATORY AND inlai DEVELOPMENT AUTHORITY OF INDIA CIRCULAR Ref : I RDAI/N UC I RC/MI SC/095/05/2016 To Date: 13.05.2016 All General Insurance Companies transacting Motor Insurance Business Re: Allowance of up to 5% limit on Gross Vehicle Weight (…
• ~·~ 'llRJl<l ai\rii1 fclf.l<llll<fi Jffi fcl<fiH-1 ~ a11nmw INSURANCE REGULATORY AND inlai DEVELOPMENT AUTHORITY OF INDIA CIRCULAR Ref : I RDAI/N UC I RC/MI SC/095/05/2016 To Date: 13.05.2016 All General Insurance Companies transacting Motor Insurance Business Re: Allowance of up to 5% limit on Gross Vehicle Weight (GVW) This refers to the Ministry of Road Transport and Highways notification dated 07.01 .2016, which states that the tolerance up to 5% in the gross vehicle weight and safe axle weight may be allowed for the purpose of compliance to sub-section 3 of sec.113 of the Motor Vehicles Act, 1988 (59 of 1988). The insurers are hereby advised to take a note of the above notification. h~ (N M Behera) 11~ 11.. Dy. Director- NL -m.?-..m~, mwr~, ~. ~-soo 004. 'ITIUf rt : 91-040-2338 1100, tlicm: 91-040-6682 3334 t-irc-f: irda@irda.gov.in ~ : www.irda.gov.in Parisharam Bhavan, 3rd Floor, Basheer Bagh, Hyderabad-500 004. India. Ph.: 91-040-2338 1100, Fax: 91-040-6682 3334 E-mail : irda@irda.gov.in Web.: www.irda.gov.in
