Official Trustee Act, 1843, 17 of 1843 (Rep., Act 17 of 1864)

Section V. And it is hereby further enacted, that where any Infant or Lunatic shall be entitled to any Gift, or

Repealed or not in force · As amended up to 2026-08

V. And it is hereby further enacted, that where any Infant or Lunatic shall be entitled to any Gift, or Legacy, or Residue, or share thereof, if shall be lawful for the Executor or Administrator, by whom such Legacy or Residue may be payable or transferable, or the party by whom such Gift shall be made, or any Trustee thereof to pay or transfer the same to the Official Trustee appointed under this Act, and that the receipt of such Official Trustee shall be a discharge for the same, and that the same shall be subject to the like Provisions as are contained in this Act, as to other Property vested in such Official Trustee under the Provisions thereof.

Source: India Code