law: Insurance Regulatory and Development Authority Act, 1999
  24. Power to make rules
  (1) The Central Government may, by notification, make rules for
  
  carrying out the provisions of this Act.
  (2) In particular, and without prejudice to the generality of
  
  the foregoing power, such rules may provide for all or any of the following
  
  matters, namely:-
  (a) the salary and allowances payable to, and
  
  other terms and conditions of service of, the members other than part-time
  
  members under sub-section (1) of section 7;
  (b) the allowances to be paid to the part-time
  
  members under sub-section (2) of section 7;
  (c) such other powers that may be exercised by
  
  the Authority under clause (q) of sub-section (2) of section 14;
  (d) the form of annual statement of accounts
  
  to be maintained by the Authority under sub-section (1) of section 17;
  (e) the form and the manner in which and the
  
  time within which returns and statements and particulars are to be furnished to
  
  the Central Government under sub-section (1) of section 20;
  (f) the matters under sub-section (5) of
  
  section 25 on which the Insurance Advisory Committee shall advise the
  
  Authority;
  (g) any other matter which is required to be,
  
  or may be, prescribed, or in respect of which provision is to be or may be made
  
  by rules.