Section 64H. Duration and dissolution of Executive Committees

64H. Duration and dissolution of Executive Committees. — (1) The duration of the Executive Committee of the Life Insurance Council or the General Insurance Council shall be three years from the date of its first meeting on the expiry of which it shall stand dissolved and a new Executive Committee constituted. (2) Notwithstanding the dissolution of the Executive Committee of the Life Insurance Council or the General Insurance Council, the outgoing members thereof shall continue to hold office and discharge 1. Subs. by Act 5 of 2015, s. 73, for "by nomination by the Authority" (w.e.f. 26-12-2014). such administrative and other duties as may be prescribed until such time as a new Executive Committee of the Life Insurance Council or the General Council, as the case may be, shall have been constituted. 64-I. [Power of Executive Committee of Life Insurance Councile to hold examinations for insurance agents.] — Omitted by Insurance Laws (Amendment) Act 2015 (5 of 2015) ( w.e.f. 26-12-2014) . insurance agents.] — Omitted by Insurance Laws (Amendment) Act 2015 (5 of 2015) s. 74