Chapter- 20 Miscellaneous

Section 153: Not to Make Insurance Transactions with Anyone Except Insurer

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1) Any person or organisation shall not make any transactions related to the insurance business with anyone except the insurer possessing a license pursuant to this Act.

2) The insurance of properties situated in Nepal and liabilities to be created within Nepal shall be made only with the insurer possessing a license pursuant to this Act.

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Section 153: Not to Make Insurance Transactions with Anyone Except Insurer

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