1[32B. Insurance business in 2[rural and social sectors].--Every insurer shall, after the
commencement of the Insurance Regulatory and Development Authority Act, 1999 , undertake such
percentages of life insurance business and general insurance business in the 2[rural and social sectors], as
may by specified, in the Official Gazette by the Authority, in this behalf.]
1. Ins. by Act 41 of 1999, s. 30 and the First Schedule (w.e.f. 19-4-2000).
2. Subs. by Act 5 of 2015, s. 35, for "rural or social sector" (w.e.f. 26-12-2014).