1. As from such date as the State Government may appoint in this behalf the management of a public trust to which this chapter applies shall notwithstanding anything contained in any provision of this Act or in any law, custom or usage, vest in a Committee of management to be constituted by the State Government in the manner hereinafter provided and the State Government may appoint different dates for different public trusts for the purpose of this section.
2. On or before the date fixed under Sub-Sec. (1) in respect of a public trust, the State Government shall subject to the provision contained in Sec. 54, constitute by notification in the official Gazette a Committee of management thereof under such Committee shall be deemed to be the working trustee of the said public trust and its endowment. Provided that upon the combined request of the trustee of and persons interested in several public trusts representing the same religion or persuasion, the State Government may constitute a Committee of management for all of them, if their endowments are situated in the same city, town or locality.
3. Every Committee of management constituted under sub-sec. (2) shall be a body corporate having perpetual succession and a common seal, with power to acquire, hold and dispose of property subject to such conditions and
4. A committee of management shall consist of a Chairman and such even number of members not exceeding ten and not less than two as the State Government may determine.
5. The Chairman and members of a committee of management shall be appointed by the State Government by notification in the official Gazette from amongst -
(a) trustee of public trusts representing the same religion or persuasion and having the same objects and
(b) person interested in such public trusts or in the endowments thereof or belonging to the denomination for the purpose of which or for the benefit of whom the trust was founded,
in accordance with the general wishes of the person so interested so far as such wishes can be ascertained in the prescribed manner.
Provided that in the case of a public trust having a hereditary trustee, such trustee, and in the case of a Math, the head thereof, shall be the Chairman of the committee of management, if he is willing to serve as such.