Commencement of this Part.

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..... seek to amend section 20 of the Indian Trusts Act, 1882 [as substituted by section 2 of the Indian Trusts (Amendment) Act, 2016], relating to investment of trust money. The provisions of the aforesaid section, inter alia, provides that where trust-property consists of money and cannot be applied immediately or at an early date, the trustee shall, subject to any direction contained in the instrumen .....

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..... ficial Gazette. It is further proposed to amend the proviso to the said section so as to omit the expression in any of the securities or class of securities mentioned above occurring therein, which is consequential in nature. This amendment shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint. - statute, statutory provisions legislati .....

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