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Section 21 – The Indian Trusts Act, 1882

The Indian Trusts Act, 1882

 

21. Mortgage of land pledged to Government under Act 26 of 1871

 

Deposit in Government Savings Bank. -Nothing in Section 20 shall apply to investments made before this Act comes into force, or shall be deemed to preclude an investment on a mortgage of immovable property already pledged as security for an advance under the Land Improvement Act, 1871 or, in case the trust-money does not exceed three thousand rupees, a deposit thereof in a Government Savings Bank.

 

 

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The Indian Trusts Act, 1882

 

Indian Laws – Bare Acts

 

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