law: The Pension Fund Regulatory and Development Authority Act, 2013
  22.
  
     Point
  
  of presence.
  1.   The Authority may, by
  
  granting a certificate of registration under sub-section ( 3 ) of section
  
  27, permit one or more persons to act as a point of presence for the purpose of
  
  receiving contributions and instructions, transmitting them to the Trustee Bank
  
  or the central recordkeeping agency, as the case may be, and paying out
  
  benefits to subscribers in accordance with the regulations made by the
  
  Authority from time to time in this regard.
  2.   A point of presence
  
  shall function in accordance with the terms of its certificate of registration
  
  and the regulations made under this Act.