CIRCULAR NO.IRDAI/NL/CIRC/MISC/095/05/2016
DATED 13-5-2016
This refers to the Ministry of Road Transport and Highways notification dated 7-1-2016, which states that the tolerance up to 5% in the gross vehicle weight and safe axle weight may be allowed for the purpose of compliance to sub-section 3 of section 113 of the Motor Vehicles Act, 1988 (59 of 1988).
The insurers are hereby advised to take a note of the above notification.