(1) For providing services to the subscribers, as specified under these regulations, the central recordkeeping agency shall be entitled to collect service charges, in such mode and manner, as may be approved by the Authority, subject however that such fee or charges shall be determined through a price discovery process to be initiated by the Authority, after issuance of guidelines for such price discovery.
(2) The process mentioned under sub-regulation (1) shall be initiated by the Authority, upon notification of these provisions or regulations and thereafter upon conclusion of every five year period, from the last of such price discovery process.
Provided that in case of an applicant who has been granted registration, after the price discovery process, shall offer its services as a central recordkeeping agency, at such of the price, as per the guidelines on price discovery issued by the Authority and until the next determination through a fresh price discovery process.
Provided that an existing central recordkeeping agency registered with the Authority through a selection process after the notification of Act and regulations there under, shall continue to offer the services at the same price, on the basis of which such registration has been originally granted and for such period. Pursuant to expiry of the original period, such central recordkeeping agency shall be entitled to offer its services, at such of the price, as per the guidelines on price discovery issued by the Authority.
( XV ) Schedule I shall be substituted as follows:
SCHEDULE I PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY (Central recordkeeping agency) Regulations, 2015 {See regulation 9 (3)] CERTIFICATE OF REGISTRATION In exercise of the powers conferred under sub-section 3 of Section 27, read with sub-section (1) of Section 21 of the Pension Fund Regulatory and Development Authority Act, 2013, the Authority hereby grants this certificate of registration to __________________________ as a central recordkeeping agency on this day of _______________________. This certificate shall remain valid unless surrendered by the applicant and accepted by the Authority or suspended or cancelled by the Authority.
Registration Code for this Central Recordkeeping Agency is ______________________ Date:
Place: Authorised Signatory HEMANT G. CONTRACTOR, Chairperson [ADVT.-III/4/Exty./112/18-19] Footnote:
1. The Principal Regulations ,The Pension Fund Regulatory and Development Authority (Central Recordkeeping Agency) Regulations, 2015 were published in the Gazette of India on 27th April, 2015 vide No. PFRDA/12/ RGL/139/7.
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.
2018-07-02T18:12:44+0530 RAKESH SUKUL