Section 26
Eligibility norms of the central recordkeeping agency, etc.
The Pension Fund Regulatory and Development Authority Act, 2013
About this Act
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.
The central recordkeeping
agency, points of presence and pension funds, shall satisfy the eligibility norms as may be specified by
the regulations, including minimum capital requirement, past track-record including the ability to provide
guaranteed returns, costs and fees, geographical reach, customer base, information technology capability,
human resources and such other matters.