Whenanypublicinstitutionhasbeenplaced

When any public institution has been placed under the management and control of any Anchal Sasan, all property, endowments, and funds belonging thereto shall, subject to the provisions of any other law for the time being in force, be held by the Anchal Sasan in trust for the purposes to which the said property, endowments, and funds were lawfully applicable at the time when the institution was so placed.