(1) Where any property is held or is to be applied in trust for charitable purpose, the 1[appropriate Government], if it thinks fit, may, on application made as hereinafter mentioned, and subject to the other provisions of this section, order, by 2 notification in the Official Gazette, that the property be vested in the treasurer of Charitable Endowments on such terms as to the application of the property or the income thereof as may be agreed on between the 1[appropriate Government] and the person or persons making the application, and the property shall thereupon so vest accordingly.
(2) When any property has vested under this section in a treasurer of Charitable Endowments, he is entitled to all documents of title relating thereto.
3* * * * *
(4) An order under this section vesting property in a treasurer of Charitable Endowments shall not require or be deemed to require him to administer the property, or impose or be deemed to impose upon him the duty of a trustee with respect to the administration thereof.
(2) When any property has vested under this section in a treasurer of Charitable Endowments, he is entitled to all documents of title relating thereto.
3* * * * *
(4) An order under this section vesting property in a treasurer of Charitable Endowments shall not require or be deemed to require him to administer the property, or impose or be deemed to impose upon him the duty of a trustee with respect to the administration thereof.
Source footnotes
1. Subs. by the A.O. 1937, for "L.G"..2. For notifications issued under this section conjunction with s. 5, see different local R. and O.
3. Subs-section (3) omitted, ibid.
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More sections of this act
Section 1 · Title, extent and commencement.Section 2 · Definition.Section 3 · Appointment and incorporation of treasurer of Charitable Endowments.Section 3A · Definition of “appropriate Government”, etc.Section 5 · Schemes for administration of property vested in the treasurer.Section 6 · Mode of applying for vesting orders and schemes.Section 7 · [Omitted.].Section 8 · Bare trusteeship of treasurer.India Code, Government of India. Text fetched 19 Oct 2026. Source metadata reports last modification: 2018-04-16. Check the linked official text and subsequent notifications when applying a provision.