29. Liability of trustee where beneficiary’s interest is forfeited to the Government
When the beneficiary's interest is forfeited or awarded by legal adjudication [to the Government], the trustee is bound to hold the trust-property to the extent of such interest for the benefit of such person in such manner as the State Government may direct in this behalf.
Amendment notes (2)
- The words "to Government" successively amended by the A.O. 1937 and the A.O. 1950, to read as above.
- Subs . Subs. by the A.O. 1937, for "the Government".