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Section 26 – The Life Insurance Corporation Act, 1956

The Life Insurance Corporation Act,1956

 

26. Actuarial valuations. –

 

The Corporation shall, once at least in every tow years, cause an investigation to be made by actuaries into the financial condition of the [life insurance business of the Corporation, including a valuation of the liabilities of the Corporation in respect thereto], and submit the report of the actuaries to the Central Government.

 

 

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The Life Insurance Corporation Act, 1956

 

Indian Laws – Bare Acts

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