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Union of India - Section

Section 57 in Pension Fund Regulatory and Development Authority (Employees Service) Regulations, 2015

57. Employment of family members with an intermediary registered with the Authority.

(1)No employee shall use his position or influence directly or indirectly to secure employment in any intermediary registered with the Authority, of any person related, whether by blood or marriage to the employee or to the employee's wife or husband, whether such a person is dependent on the employee or not.
(2)Every employee shall report to the competent authority in case his son/daughter or any other member of his family accepts employment in any intermediary registered with the Authority with which he has official dealings or in any undertaking having official dealings with the Authority.