law: Insurance Regulatory and Development Authority Act, 1999
  18. Power of Central Government to issue directions
  (1) Without prejudice to the foregoing provisions of this Act,
  
  the Authority shall, in exercise of its powers or the performance of its
  
  functions under this Act, be bound by such directions on questions of policy,
  
  other than those relating to technical and administrative matters, as the
  
  Central Government may give in writing to it from time to time:
  PROVIDED that the Authority shall, as far as
  
  practicable, be given an opportunity to express its views before any direction
  
  is given under this sub-section.
  (2) The decision of the Central Government, whether a question
  
  is one of policy or not, shall be final.