Section 20 of the Indian Trusts Act, 1882
MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 21st April, 2017 S.O. 1267(E).—In pursuance of section 20 of the Indian Trusts Act, 1882 (2 of 1882), the Central Government hereby specifies the following securities for the purposes of the said section, namely:— (a) Government securities; (b) securities, the principal whereof and the interest whereon is fully and unconditionally guaranteed by the Central Government or any State Government; (c) units of debt mutual funds regulated by the Securities and Exchange Board of India established by section 3 of the Securities and Exchange Board of India Act, 1992 (15 of 1992); (d) listed (or proposed to be listed on exchanges in case of fresh issue) debt securities issued by any body corporate, including a bank and a public financial institution as defined in clause (72) of Section 2 of the Companies Act, 2013 (18 of 2013), which have a minimum residual maturity period of thre...