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Section 32: Appointment of designated authority

Pension Fund Regulatory and Development Authority (Retirement Adviser) Regulations, 2016Central Regulations · 2013

(1)Where it appears to the designated member that any retirement adviser which has been granted certificate of registration under the Act, these regulations or any other concerned person has committed any default of the nature specified in regulation 32, he may appoint an officer not below the rank of a Chief General Manager, or any other officer of an equivalent rank as a designated authority.

(2) No officer who has conducted investigation or inspection in respect of the alleged violation shall be appointed as a designated authority.

Where this provision sits

ActPension Fund Regulatory and Development Authority (Retirement Adviser) Regulations, 2016
Section32
Marginal noteAppointment of designated authority
JurisdictionCentral
StatusIn force as published by the source

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