In so far as it is consistent with the conditions of the trust in each case, whenever, the cash balance to credit of any trust amounts to 2[five] thousand rupees, it shall be invested, so far as may be practicable. But this rule is not to be interpreted as in any way prohibiting or depreciating the investing of smaller credit cash balances, which may be invested, subject to the conditions of the trust and the current demands on the fund, at the discretion of the Official Trustee.
Section 24: Investment of cash balance
The Official Trustees (Maharashtra) Rules, 1971State Rules of Maharashtra · 1913
Where this provision sits
| Act | The Official Trustees (Maharashtra) Rules, 1971 |
|---|---|
| Section | 24 |
| Marginal note | Investment of cash balance |
| Jurisdiction | State of Maharashtra |
| Status | In force as published by the source |
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