https://www.taxtmi.com/acts?id=15226 Trustees must invest trust-money that cannot be immediately applied only in the Act's specified classes of securities: prescribed government or government guaranteed stocks and debentures; certain charged or issued India/United Kingdom stocks; guaranteed company or railway debentures; statutory municipal or public-body securities; first mortgages of immovable property subject to value and tenure safeguards; units of the national unit trust when authorized; or other securities expressly allowed by the trust instrument, Central Government notification, or High Court rules, observing applicable conditions and provisos. en-us Wed, 21 Sep 2011 10:10:18 +0530 Wed, 21 Sep 2011 10:10:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=15226 Trustees must invest trust-money that cannot be immediately applied only in the Act's specified classes of securities: prescribed government or government guaranteed stocks and debentures; certain charged or issued India/United Kingdom stocks; guaranteed company or railway debentures; statutory municipal or public-body securities; first mortgages of immovable property subject to value and tenure safeguards; units of the national unit trust when authorized; or other securities expressly allowed by the trust instrument, Central Government notification, or High Court rules, observing applicable conditions and provisos. Act-Rules Trust and Society Wed, 21 Sep 2011 10:10:18 +0530 https://www.taxtmi.com/acts?id=15226