Section 4(2)(s) in Pension Fund Regulatory and Development Authority (National Pension System Trust) Regulations, 2015

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Union of India - Subsection

Section 4(2)(s) in Pension Fund Regulatory and Development Authority (National Pension System Trust) Regulations, 2015

(s)the Trust Deed shall not contain any clause which has the effect of-

(i)limiting or extinguishing the obligations and liabilities of a trustee in relation to the subscribers under the Act; or

(ii)indemnifying the trustees for loss or damage caused to the subscriber by the trustees' acts of negligence or acts of commission or omission.