law: The Pension Fund Regulatory and Development Authority Act, 2013
  45.
  
     Establishment
  
  of Pension Advisory Committee.
  1.   The Authority may, by
  
  notification, establish with effect from such date as it may specify in the
  
  notification, a Committee to be known as the Pension Advisory Committee.
  2.   The Pension Advisory
  
  Committee shall consist of not more than twenty-five members, excluding  ex
  
  officio members, to represent the interests of employees' associations,
  
  subscribers, commerce and industry, intermediaries, and organizations engaged
  
  in pension research.
  3.   The Chairperson and
  
  the members of the Authority shall be the  ex officio Chairperson and  ex
  
  officio members of the Pension Advisory Committee.
  4.   The objects of the
  
  Pension Advisory Committee shall be to advise the Authority on matters relating
  
  to the making of the regulations under section 52.
  5.   Without prejudice to
  
  the provisions of sub-section ( 4 ), the Pension Advisory Committee may
  
  advise the Authority on such matters as may be referred to it by the Authority
  
  and also on such matters as the Committee may deem fit.