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Section 21: Other powers and functions

Pension Fund Regulatory and Development Authority (Redressal of Subscriber Grievance) Regulations, 2015Central Regulations · 2013

(1) The Ombudsman shall -

(a) draw up an annual budget for his office in consultation with the Authority and shall incur expenditure within and in accordance with the provisions of the approved budget;

(b) submit an annual report to the Authority within three months of the close of each financial year containing general review of activities of his office; and

(c) furnish such information to the Authority as may be required by the Authority from time to time.

(2) Every annual report of the Ombudsman shall be submitted in such form and manner as may be specified by the Authority.

Explanation.-For the purposes of this regulation, the expression “financial year” means the period from the 1st day of April of a year to the 31st day of March of the following year.

CHAPTER IV APPEAL WITH OMBUDSMAN AND ADJUDICATION

Where this provision sits

ActPension Fund Regulatory and Development Authority (Redressal of Subscriber Grievance) Regulations, 2015
Section21
Marginal noteOther powers and functions
JurisdictionCentral
StatusIn force as published by the source

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