law: The Pension Fund Regulatory and Development Authority Act, 2013
  33.
  
     Power
  
  to grant immunity.
  1.   The Central
  
  Government may, on the recommendation by the Authority, if satisfied, that any
  
  person, who is alleged to have violated any of the provisions of this Act or
  
  the rules or the regulations made there under, has made a full and true
  
  disclosure in respect of alleged violation, grant to such person, subject to
  
  such conditions as it may think fit to impose, immunity from prosecution for
  
  any offence under this Act, or the rules or the regulations made there under
  
  and also from the imposition of any penalty under this Act with respect to the
  
  alleged violation:
  Provided that no such immunity shall be granted by the Central Government in cases where
  
  the proceedings for the prosecution for any such offence have been instituted
  
  before the date of receipt of application for grant of such immunity:
  Provided
  
  further that the recommendation of the Authority under this sub-section shall
  
  not be binding upon the Central Government.
  2.   An immunity granted
  
  to a person under sub-section ( 1 ) may, at any time, be withdrawn by the
  
  Central Government, if it is satisfied that such person had, in the course of
  
  the proceedings, not complied with the condition on which the immunity was
  
  granted or had given false evidence, and thereupon such person may be tried for
  
  the offence with respect to which the immunity was granted or for any other
  
  offence of which he appears to have been guilty in connection with the
  
  contravention and shall also become liable to the imposition of any penalty
  
  under this Act to which such person would have been liable, had no such
  
  immunity been granted.