Central Act

The Indian Trusts Act, 1882

1[20A. Power to purchase redeemable stock at a premium.--(1) A trustee may invest in any of the securities mentioned or referred to in section 20, notwithstanding that the same may be redeemable and that the price exceeds the redemption value: 2* * * * * (2) A trustee may retain until redemption any redeemable stock, fund or security which may have been purchased in accordance with this section.]