TypeBare Act JurisdictionCentral Government Enacted1925

Succession Act, 1925 Section 347

TIME AND MANNER OF CONVERSION AND INVESTMENT Such conversion and investment as are contemplated by sections 345 and 346

Section Text

to be computed as at the date of the testator's death) of such part of the fund as has not been so invested: Provided that the rate of interest prior to completion of investment shall be six per cent per annum when the testator was a Hindu, Muhammadan, Buddhist, Sikh or Jaina or an exempted person.