Pension Fund Regulatory and Development Authority Act

Opening preview

THE PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY ACT, 2013 [Act No. 23 of 2013] [18th September, 2013] PREAMBLE (An Act to provide for the establishment of an Authority to promote old age income security by establishing, developing and regulating pension funds, to protect the interests of subscribers to schemes of pension funds and for matters connected therewith or incidental thereto.) Be it enacted by Parliament in the Sixty-fourth Year of the Republic of India as follows:-- (1) This Act may be called the Pension Fund Regulatory and Development Authority Act, 2013. (2) It extends to the whole of India. (3) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint [1] : Provided that different dates may be appointed for different provisions of this Act and any reference in any such provision to the commencement of this Act shall be construed as a reference to the coming into force of that provision. Footnotes ^ With effective from 1st day of February, 2014. (1) In this Act, unless the context otherwise requires,— (a) “Authority” means the Pension Fund Regulatory and Development Authority established under sub-section