law: Insurance Regulatory and Development Authority Act, 1999
  26. Power to make regulations
  (1) The Authority may, in consultation with the Insurance
  
  Advisory Committee, by notification, make regulations consistent with this Act
  
  and the rules made thereunder to carry out the
  
  purposes of this Act.
  (2) In particular, and without prejudice to the generality of
  
  the foregoing power, such regulations may provide for all or any of the
  
  following matters, namely:-
  (a) the times and places of meetings of the
  
  Authority and the procedure to be followed at such meetings including the
  
  quorum necessary for the transaction of business under sub-section (1) of
  
  section 10;
  (b) the transactions of business at its
  
  meetings under sub-section (4) of section 10;
  (c) the terms and other conditions of service
  
  of officers and other employees of the Authority under sub-section (2) of
  
  section 12;
  (d) the powers and functions which may be
  
  delegated to Committees of the members under sub-section (2) of section 23; and
  
  
  (e) any other matter which is required to be,
  
  or may be, specified by regulations or in respect of which provision is to be
  
  or may be made by regulations.