Vesting and application of Fund

The Fund shall vest in and be held and applied by the Board as Trustees subject to the provisions and for the purposes of this Act. (1) Where the Fund or any portion thereof cannot be applied at any early date for fulfilling the objects of the Act, the Board shall invest the same in any of the securities specified in clauses (a) to (d) and (f) of section 20 of the Indian Trusts Act, 1882.