[Limitation of expenditure on commission.] -- Omitted by the Insurance Laws (Amendment) Act, 2015 (5 of 2015), s. 46 (w.e.f. 26-12-2014)].
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Sec 40 — Prohibition of payment by way of commission or otherwise for procuring business.
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Sec 40B — Limitation of expenses of management in life insurance business.
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