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Section 17A TGIBNA (The General Insurance Business (Nationalisation) Act, 1972): Power of Central Government to regulate the terms and conditions of service of officers and other employees. - (1) The Central Government may, by notification in the Official Gazette, frame one or more schemes for regulating the pay scales and other terms and conditions of service of officers and other employees of the Corporation or of any acquiring company | Law on Tips | Law on Tips