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    <title>Repeals and saving</title>
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    <description>A repeal and saving framework disapplies the prior IRDA financial-statement and auditors&#039; report regime, including related guidelines and circulars, within International Financial Services Centres, and omits the specified operational-guidelines chapter. Earlier actions under the prior framework remain valid and are treated as actions under corresponding provisions. Existing insurance offices must comply with additional applicable requirements within six months of commencement or within an extended period specified by the Authority.</description>
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      <description>A repeal and saving framework disapplies the prior IRDA financial-statement and auditors&#039; report regime, including related guidelines and circulars, within International Financial Services Centres, and omits the specified operational-guidelines chapter. Earlier actions under the prior framework remain valid and are treated as actions under corresponding provisions. Existing insurance offices must comply with additional applicable requirements within six months of commencement or within an extended period specified by the Authority.</description>
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