Section Text
a) Certain Government securities are given to trustees upon trust to accumulate the interest until A attains the age of 24, and then to transfer the- gross amount to him. An on attaining majority may, as the person exclusively interested in the trust-property, require the trustees to transfer it immediately to him.
(b) A bequeaths Rs. 10,000 to trustees upon trust to purchase an annuity for B, who has attained his majority and is otherwise competent to contract, B may claim the Rs. 10,000.
(c) A transfers certain property to B and directs him to sell or invest it for the benefit of C, who is competent to contract. C may elect to take the property in its original character