CourtMesh

Section 17: Process of transfer of assets in case of termination or expiry of tenure

Pension Fund Regulatory and Development Authority (Central Record keeping Agency) Regulations, 2015Central Regulations · 2013

The treatment of the regulated assets at the end of central recordkeeping agency’s tenure shall be as follows:-

(a) the central recordkeeping agency software application shall be transferred at zero cost to the new central recordkeeping agency or any entity authorized for this purpose by the Authority;

(b) any third party software and components off the shelf specific to the central recordkeeping agency application system, shall also be transferred at zero cost to the new central recordkeeping agency or any other entity authorized for this purpose by the Authority;

¹Hkkx IIIµ[k.M 4º Hkkjr dk jkti=k % vlk/kj.k 31

(c) dedicated system-specific hardware (if any) both at the primary data center and the Disaster Recovery Center shall be transferred as per the book value of these assets;

(d) database shall be transferred to the new central recordkeeping agency or any other entity at zero cost.

(e) any incidental costs on account of transfers, shall be borne by the transferor central recordkeeping agency.

CHAPTER III FUNCTIONING OF CENTRAL RECORDKEEPING AGENCY-ROLES, RESPONSIBILITIES AND SERVICES

Where this provision sits

ActPension Fund Regulatory and Development Authority (Central Record keeping Agency) Regulations, 2015
Section17
Marginal noteProcess of transfer of assets in case of termination or expiry of tenure
JurisdictionCentral
StatusIn force as published by the source

Find the provision, not just read it

The full text above is free, and it stays free. What a free CourtMesh account adds is everything you cannot do by reading one page at a time:

  • Search 49,000+ Central and State enactments by what a provision says, not by its number
  • Jump from any section to every judgment that has applied it
  • Search 300 million+ Indian court records alongside the statute
  • Ask a research agent to find and read the case law on a provision for you

Free account. No card. About a minute to create.

Create a free account

Need this as data, not as a page? Pension Fund Regulatory and Development Authority (Central Record keeping Agency) Regulat… is one of 49,000+ enactments on CourtMesh. The Indian court cases API serves the case law that cites these provisions over JSON, with API documentation and plans and pricing. See also the judgment library.