Board and the said securities shall be held in trust by the Board for the purposes of this Act.

Power of transfer moneys from general fund to specified account and vice-versa -The Board may apply any sum out of the moneys credited to the General Fund of the Board towards meeting deficits, if any, in the particular or specified accounts such as pilotage account, if so maintained or transfer the whole or part of any surplus funds in such particular accounts to the General Fund of the Board.