Pension Fund Regulatory and Development Authority(National Pension System Trust) Regulations, 2015
Central Regulations · 201340 provisions
The enactment
| Type | Regulations |
|---|---|
| Year | 2013 |
| Jurisdiction | Central |
| Ministry | Ministry of Finance |
| Status | In force as published by the source |
| Provisions published | 40 |
| Subjects | financial, local |
Full text, provision by provision
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- Section 1 Short title and commencement
- Section 2 Definitions
- Section 3 Establishment of National Pension System Trust
- Section 4 Contents of Trust Deed
- Section 5 Eligibility for appointment as trustees
- Section 6 Cessation of office of trustee
- Section 7 Term of office of trustees
- Section 8 Resignation and removal of trustees
- Section 9 Objectives of National Pension System Trust
- Section 10 Management of the National Pension System Trust
- Section 11 Powers and functions of the Board of Trustees
- Section 12 Obligations, duties, responsibilities and liabilities of Board of Trustees
- Section 13 General and specific due diligence
- Section 14 Maintenance of records
- Section 15 Right to inspection and audit
- Section 16 Notice before inspection or audit
- Section 17 Obligations of the National Pension System Trust on inspection or audit
- Section 18 Submission of report to the Authority
- Section 19 Payment of inspection and audit fees
- Section 20 Definitions
- Section 21 Contravention of provisions of Act, etc
- Section 22 Appointment of designated authority
- Section 23 Issuance of notice
- Section 24 Reply by noticee
- Section 25 Action in case of default
- Section 26 Procedure for action on recommendation
- Section 28 Intimation of order
- Section 29 Penalty and adjudication
- Section 30 Appeals to Securities Appellate Tribunal
- Section 31 Revocation of the National Pension System Trust
- Section 32 Power to issue directions and amend the National Pension System Trust Deed
- Section 33 Amendment to the Trust Deed
- Section 34 Provisions of Indian Trust Act, 1882 to override
- Section 35 Systems and procedures
- Section 36 Monitoring, review, evaluating and inspecting systems and controls
- Section 37 Prohibition of assignment
- Section 38 Confidentiality
- Section 39 Co-operation and support
- Section 40 Appointment of compliance officer
- Section 41 Power to delegate
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