The Unit Trust of India Act,1963
Section 31. Staff of Trust
(1) The Trust may appoint such number of officers and other employees as it considers necessary or desirable for the efficient performances of its functions and determine the terms and conditions of their appointment and service.
(2) Without prejudice to the provisions of sub-section (1), it shall be lawful for the Trust to utilise, and for the Reserve Bank to make available, the services of such staff of the Reserve Bank on such terms and conditions as may be agreed upon between the Trust and the Reserve Bank.