{"act":{"id":"finance-act-2017","short_title":"The Finance Act, 2017","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 2017-2018.","act_number":null,"act_year":2017,"enact_date":"2017-04-17","enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":198,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-2017/"},"unit":"section","section":{"number":"131","heading":"Amendment of section 20 of Act, 2 of 1882","text":"Amendment of section 20 of Act, 2 of 1882 131. In section 20 of the Indian Trusts Act,1882 [as substituted by section 2 of the Indian Trusts (Amendment) Act, 2016]:— (i) | for the words \"invest the money in any of the securities or class of securities expressly authorised by the instrument of trust or\", the words \"make investments as expressly authorised by the instrument of trust or in any of the securities or class of securities\" shall be substituted; (ii) | in the proviso, the words \"in any of the securities or class of securities mentioned above\" shall be omitted.","html":"<p><b>Amendment of section 20 of Act, 2 of 1882</b></p><p><b>131. </b>In section 20 of the Indian Trusts Act,1882 [as substituted by section 2 of the Indian Trusts (Amendment) Act, 2016]:—</p><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>i</i>)</td><td></td><td>for the words \"invest the money in any of the securities or class of securities expressly authorised by the instrument of trust or\", the words \"make investments as expressly authorised by the instrument of trust or in any of the securities or class of securities\" shall be substituted;</td></tr><tr><td>(<i>ii</i>)</td><td></td><td>in the proviso, the words \"in any of the securities or class of securities mentioned above\" shall be omitted.</td></tr></table></div>","words":101,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2017/section/131/","note":null,"source_note":"Harvested from the Income Tax Department's own portal at incometaxindia.gov.in, which publishes the Finance Acts section by section. India Code carries none of them: its Central community holds the Acts that stand as general law, and a Finance Act is an amending and rate-fixing instrument.","judgments_note":"Judgment holdings are the ratio decidendi as extracted from the order by eCourts India, reproduced unaltered. Reported judgments only.","licence":"Published with commentary and other original matter under s.52(1)(q)(ii), Copyright Act 1957."}