IRDA (Investment) (Fourth Amendment) Regulations, 2008

~ Uo i\o $0-33004/99 REGD. NO. D. L.-33004/99 :111~ c I a:r. ~- ~ q,a ~he <GaLette of ~ndia 3H!TURUT EXTRAORDINARY ~III-Wls4 u. 127] No. 127] PART III-,Sectiod 4 . Ql~<liH ~ Q<lilftilii PUBLISHED BY AUTIIORITY ~ ~. tllllcITT, 3f'ffil 11, 2008/lJTTclUT 20, 1930 NEW DELHI, MONDAY, AUGUST II, 2008/SRAVANA 20, 1930 -.i\1!T P<lfll<1lll!fi aftt mm~ ~ ffl,ll1;, 30 ~' 2008 -afr..1 fi'lf'1<llll<li dTtr mm~(~) (-.rwI ,:i~il<R) ~, 2008 liir. ~- oit.ftfftfi;rr. P<lf.1<1111s;47;2oos.--inf'l'li<"l, fl o!f'IR'I'!, 1938 ( 1938 ~ 'lRT 4) 27'l>, 27&., 2TEI 3itt 114 ,t i;ro ~ "W'@1TI <1>1 'll'lT'T '1i«'I ~. -ai\ii, \-lclm"'" mlml ,t "tfU'm ;1 fl fqf.pi,q,., afu ~ w,mur cf.rem) f<1f1<111 ➔, 2000 f.;r,,,m ~ 16 wrnr , 2000 <ITT 'I>!. -.i. oft. m.m. m. fc!f.r,:rq;312000 = ,t = 11' -ai'\ R'IT'!> 31 ~. 2001 <ITT 'I>!. U. >ft. fc!.fc!. YI. fc!f.r,:rq/5/2001 milf,:ra 'llffi! ,t m<R i;ro !f;3ll 3itt R'IT'/, 2 3Ne!, 2002 TJil. U. >ft.fc!.fc!. YT. mR'14/3/2002 o'll 5 ~, 2004 <ITT 'I>!. U. >ft. fc!.fc!. 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I 5% TI q,q 'lt1 [(iii)'" c'-TT,,. ,i;'r m,;r <Zit s", J l_ __ _L_ _________________ --~-- ----- (2) ~""' """""""""-'\ _,..., - ll'I\ ,ft,n,.,,f f.mT i,;tit ""'~.....-~wt ..t f.mm -ii ,n""" ~. ffltm"DT ~ 1QcfflR ii a&IR-tfan m f.:rm ?RTrr:- ,rem R<m'flll<liR (i) ~ im'l'ilfll (ii) I ~ im'l'ilfll = 3RI 'lR@l = ~ I : (iii) flif.'l<l~~ 5 oft ~ c ij omni 'f-il fli~il><J:"I 1TT'fil><fi Wil'l ij 3l !um- il>1 3J:!'lfu f.ITT) ij f.!mr 1;T'Tf I -- ---- Alma ---~--- i I f.'lfu sS 20 % it q,q 'lt1 ~--.\ 40 - -- . I %"ff I mflrR m I q,q 'lt1 ( ~ ) : --··-- f.'lfu "fl 31fuq; 60% 'lt1 L_ f<urn : -.ftm ~ 1938 -.ii ,mr 271! (2) -ii r.m,, firi '1'I .. ..,., f.,,,,. "-ii 'filf ,ii f.mT m- fi!f.,-q,f * 1l'itaA * fl<1! 'filf ,11 filim ..-tr m, m ,11 f.!iil f.a'lifiT """" 11" -.ftm _,..., " t 11"' ri • ~•••·'"'"' ,r,;r wr 1!>TITI< -- "" ,m ~- -ii>R ""' """"" -.fim f.,ii, ~ f.m, '5l 'IIT'T -.,.l,ir ""' ~ - ii R1f>T * -qt,,..,-""'"' 3 4 THE GAZETfE OF INDIA: EXTRAORDINARY [PART lll-SEC. 4] <JJ~ 1Ra;;ftq-, _,,,,,,_ mu ,itm-..,,tf.my-.;tit,,.,, fuffitw,tn WR~ f.!fi,'"' ef-R m'""' f.!fu..,. ~ "' ,fl 'l1ffif\ trrnlt * fta1( ~ f.,; ,,t t ~ 'jf.iil,.,. ,,_. i.,,,,-""' t"" ~ .ft -!lui\ ,fl f<ra;-q t - ,mn.ft " "'"""""' i I fl..- ,it '¥f f/mr 3"" f.,,m -ii, m ,ii.., ~ 1938 .ft qm 27,i (2) -ii r.,lh, f.,;,l- ,,,\ t f<l;m_ mr<r ,ii T-{f.,!i,,/i-.,;r25% -,\ami.;'lt\~. 4. f.mt "' ~ ,ft-qi f•fao,qq; 311,- fl,,,;r,r ~ ( f.ml) ~. 2000 ~ fi,f.,Qq 4 ,.,- a,,rlfMf&a it '!rnlfua li,;,,r ,rr,l,n-1 4 (I) ,mm-vr ,nm_,,,,,,~ .ft um 27...- -,If.RT~~. mu~'"' ffllITT"T ;ftq-, .,.-;\ t, f.my .;tit""' f.ml-i!wt R"fmROnw,;J<-,\:- 1.m!TT! 3lT'ITf! t<e cm ~ ,t 'Its= fi;ffi , . .ts cm ~ i3fTqffi ,i;:ui ~ ,t ~ m m ~ 3fl<ITTl t<e it "" ~ "' ~ llRlill = m =~am 7fffi'\ = ~ (<tm ~ ~) flrf.\w! , 1999 ,t 3Rl'TT! tj.:;fiq;_c ~ ~ it '""' qft ~=mi 3.w<m'PTT it WM<! m/r>jf<'r ,t; WTT 3fl<ITTl ,i;:ui_ >'! ~ ,t 3Rl'TT! llff<lTT <f,1 ~ <lim ~ I Tf. ,,t,/1 Tfc l'R ij f.im,r . ( <-'<<e'i,,;,•1 : ~ m ~- ~ mu qft m\s cm m/r>jf<'r 20 %-it~~ -f.'!f.n ~ 30 5% -ff cpl{ -=rgl ! it w1ffir ~ ,t; m,:r 3l1"IR if ~ 'ff"m\ >'I ~ ,t; 10% it ""' 'It\ ~3W<l,i,\,fi I -;fl;n Rlf.1<11% SITT f<rim, ~ ( >11«fui -.frlT ~ <!>T ~ ) mnm ~ 2008) ,t ~ I <!>T 2 ~ ('fi1 ) ij ~ Tf71 u'MT Tfc ~ <!>T 310 I [ 2) 'fl,il,n _,,,,, - mu ~••1•,,.ai ,it ..,,,,- if ~ ~ t, f.,,m,.,;, ""' .....-, f.!ffl -ii wt WR f.,,m ~ am ""'1T-,\ ;;rnr .ft '3'I ~ (I) -ii ""1'11 '1'11 t m w,q -• ...,f.,; 1friiT<,;m 1ITl1 l'!* IBl( 3lWr ~ 'RT<> ,nit I ['ll'IIJI-i;Jui;-4] .ft,;, P,f.,,,,qq, 3itl ~ ~ ( f.!am) ~. 2000 ii,~ 4 '1ST ,nn (2) ii> 3R1 it 'lie~ f :RC -'l,i,fAP1i1 « ~f<.<IT"llWTI- fztqvJ - ~ 3 o'l!T 4 ii> ~ ii> ~ 1. W'1fum - ~~it~ f.!am ~ = '1ST = * 3!'J<lR t1m w'! "iR f.!;- ~ t. ~ m f.!am ~ me ii ""1 .r-ft~~.,,.~~t\z,iw'f;;rrw@e!~wi"!ITTw°!'flll 3.*-i\ ii> (~ tlm ~) ~ 1999 ii> 3R1'ffi ~ tw1 ~ TI W1 = f.rnllrcr .is = !rtw ~ rm: ,i - W'!'li;\~ ;,;\o'l![qotj\ 1-ii>-'l;i\ i'ffl ~ii,.rg,~. 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'iJ1'f'f Wff"'"'8 TTllT•;<i'Jfl/w;m""'.,,, ,,_ ,,.,,,,.,, m <rr ""'; r.,11Ab1 ,;/ "lR ,t """!ff '5T .,,,,, Rffl '" mfir,r fi,;w ;;m/,,r, " ,fir ,i\,rr ~ aft< ~ "'""""" ( f.!<m) ~. 2000 ~ I ,s\ r.,f.,,ayf..f(.j.mfqma J ~ f'l;,n ,wl,n 1 37'f'f'l/ l (~ flJf.ro,r 3) ~ 'lf>'t l!fTn' 17""' 3T'lf'f,,- ~ firfif<m,, ,,.,/fr.Ira"~ mr, o.) ~ 'lf>'t l!fTn' 17 '! ,.. 3T'if'(,r ~ ,r,11 ~ """"- (1) ~ '1ir '1m 27'[ -q, .JR1Wf ,ft (IJJ)-q, '3'llft (/)17' (ii) 3A f.,;,ft ~ it fu,ra """' m,f/f ~ """ ,iQq;' fl.or "'1t p ,Am -.ft 31fuf.w, -.ft >ml 27 ~ $ ~ amii:..- (I) * """'ffl (~)it-""' t, .. ~ q\'\ <ITTT i.l .. q\'\ '3'l'1'RI (I) Ii ~ .,.it =m * 31:Pfi ~ <fi1 fl!AA= ~ cf, ~ f.rffl ,t 3ffiifun f.f,) ~ .,.it f.rffl ~ ~ ;j\ 'lR -;;n,tit I (i) ff~ 1938 q\ ~ <l'ft W<'fi n"T ~ ~- ~ ,rril', 'fl'll 3R1 n"l fi'mm ~ 'TTc <f; 31:JfflR ~ ,ft 'TT t ;;i\ ~ 3 elm 4 'fi1 ~ t I ~ cm ~ 3025G108-2 9 10 THE GAZETTE OF INDIA: EXTRAORDINARY [PART IIl~SEc. 4] oo = ~ ~ ~ 3!ft@ 'lffilTTl f<tfta<I mo.mil it vfRT filIT:rr t ~ 'lffilTTl RvTT! ~ <I l!RIBT l!1'<I t - f.rffi q;'\ f.rffi I¾\ ~,11f.'14,i1 J; 3f'.l'ITT fi!>m "lT'JT ~ I "'1'lr<li c'-!T ;:;ftfwi 1lmlR 'IA'!> ,t; 3Rl'TTI, WIT~ ,l1-,1e,;ct1[ ,t; f.rfflrq; ~ it ~ /$!rr ITT I (ii) m = ~ ~ WI q/qf.t,/f am vfRT /$!rr 7f1IT i?t ~ ~ = ,1 = ~ 1': m ~ offiiR j': <1'!11 qt 1 3l2l'!T ~Of~ me, Wfl! <f; ill« <f; ~ i_ ~- vf'IT <f; lPWfQ, ""' qlfilt"'l<h q,r ~ ~ ~ ~ am vii ~ ,t; ~ ~ ~ J ~ I 999 cis 3Rl'TTI "ITT q;) ~ f.rffi 'fl'TT aw!'TT I (iii) ,11.,,e,;ro[ J; f.tfflrq; ~am~ 'lRqSj = wrr3li .;'t = it ffl"il s11 = . fvPP'i -.j\,n 3lfuf.nr,i 1938 <!l\ 'Im 27 <h" (9) ,t; ~ vf'IT mJi'rar ~ ~ <f; &,21 /"'1 fc!s <ITTj ~ it "ITT. <!>Tc! vf'IT, ~ vf'IT, vf'IT <hT lf'!TUT Q,' ~ .) q;) ~ mfitR /$!rr >nn f, ~ fM'I ~ ~ / 9 3 4 ( I 9 3 4 <hT 2 ) ,t; ¢ = it <1'!11 ;rn vPTT /$!rr 7f1IT lIT'1fi'rq; ~ ,t; QR! ~ rmft,i ft;:;fq ~ <I '!R@T l!l'cf t I (iv) ~ ""1'R <1'!11 ,Rt~~ =m ~a/T )R;rn-atr ,"lltRT ~ e,;,4lhH = m,n em <!l\ ~ t = ~ rmft,i fM'I ~ am 'i'-<@T = t c"1 fum<hT ~ flrR. u!\ wr, . = <I'm ~ f.\fu ,'t t = '!l' ~ f.rffi <ITT ,;pr t vii <!l\ ~ '1 ,m w.-cr ii v!RT f<oit 'f4 ,t; 3f'.l'ITT ~ f.\fu Mf j': tiTT fil; 1/<h" WI ilJ"1R fuml 'c f.\im t I (v) -.j\,n ~f.'141-,e,; f<lq,rn ~ ('1ml\4' -.j),n q/qf.t,/f <1>1 <iRlie,;,,, J mnRrn ~ ]IJ08 <i; fltf.\WR 2 <!l\ Elm ~ } ,t; 3Rffil ~ im'r>J.ft'! ,l ~ cf"1 'Jo ,;:ur ;j; &,21 3l'-l<TT ~ <ITT!!'@ m1i'tm t ~ ~ '@ ~ ,t; ""' it ~ rlIT:rr 7f1IT t (vi) fll,,ft q;q,fr am v!RT f<oit Tf4 s,fil,,,,e,; it'!'<= 3!ftrR ~ m<TT fum<hT ~ ft;:;fq ~=· ~~~am ~,t; ~~~ )~ 1999,r; JRPTT!l'T <hT ~ f.rffi I. -itc: it m1i'rar <f'fi ~ ' ~ ' fltf.iWR 3 1l'IT ./ <hT 31-Jffi'f'[ rlIT:rr 'C!lWTT I 10. ar,pp/tll ,(Ir,, ~ 31lr !ir,,;r,, w/Wim ( f.,,m I /i,f-r,,,;, 2000 "1'['11 !I ..I f-1'-rfi.if&rl '1 'lITTTfiffl fi.'lT ,rriro 1 ~II (W'M-,..,.3) ... 3JAA,@ <!l\ 'Im 27 'l! it ~ Tfll <flfi f.'r<m ~ j': 3TQ<lT1:' • [WIIll-l§,rg4] ~ "!f;T"""'"' : -= (ii) 3Fl! fli;m ~ it fi>m 3f'R'f WITT!~ lll<!ll -.j'l'I, ll!;.rr l!lTT it~ '!SI~ '!SI 'ITTT 27 i;: ii; 3R,'11'! ~ (I) ii; <IT'f'ITT'T (i,.,) it "i@Tllf lJlTT t;-I i,i. 3lNR'!lf <!SI 'ITTT 27 i,i <!SI =. 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R"T"I ~ .m tn=T = t - ~ ~ fir.c:, aft ,'la,; - o{"ff ~RN~ t ,it fe!; i;:a,; 'A .r;m: ITTl'lcl Rim k I (vi)-.i\m f«f-,,Ma,; mm~ (,mm,:r -.i\m ~ s\1 ~) mili>ffi ~ 2008, ssr 'ITTT i'c'I) if; 3R!'IB wrirn<ir >l@'l.@ TI ~ - 'Ji' "'1'T if; '11'[ = f;Rit ~ ~ t ~ ~ ~ if; ,<q ii 'lR:'llTI'IB M '1'l[ k I (vii) flnm <i>'Rt .m ;;irtt f<wt ,,,l .,fu,"'<a,; '1'11: =' ~ 'lffiW! lTT'I! f;rna,;J "ITTi'TT'1 ftzj -ira,; = iFfuc &'! rrifm ;;m air ~ ii; (llmR: WT ¢;ml)~ 1999 ii; 3Rl'Tff it s\1 ~ Rem 1 (Viii) ~ ii; ~ 2 (TP1) it ~ 'A 'ir'lR r.rlffir I 11 12 TIIB GAZETTE OF INDIA: EXTRAORDINARY [PART Ill-Sec.4] ., g m I t &!, ; - 1:'; I g i ~ i ,.., , ., ~ I i i I ~ t. ! i g I &!, ~ - i ~ g "' , i ,.., 1:'; "' ~ i ; ! i ~ € ~ ; ~ &!, ~ -I g . ! If i ,.., ,ttc, ,,.~ a i ~ 'W ~ " ! K ·~ i "' i ~. 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