Act Info:Preamble1 - THE UNIT TRUST OF INDIA ACT, 1963
Chapter I
Section1 - Short title, extent and commencement
Section2 - Definitions
Chapter II
Section3 - Establishment and incorporation of Unit Trust of India
Section3A - Prohibition against the use of words "Unit Trust", "Unit" or "Units" as a part of the name of any person other than the Trust
Section4 - Initial capital of Trust
Section4A - Transfer of initial capital to Development Bank
Section4B - Payment of amount
Section5 - Maintenance of register of contributories
Section6 - Issue of contribution certificates
Section7 - Right of transfer of contribution certificates in certain cases
Section8 - Rights and liabilities of holders of contribution certificates
Chapter III
Section9 - Management
Section10 - Board of Trustees
Section10A - Transitional provision for continuance of Chairman and certain trustees of the Board
Section11 - Term of office of trustees
Section12 - Disqualification for being a trustee
Section13 - Vacation and resignation of office of trustee
Section14 - Chairman and executive trustee
Section14A - Emergency powers of the whole-time Chairman
Section15 - Casual vacancy in office of Chairman or executive trustee
Section16 - Fees and allowances of certain trustees
Section17 - Meetings of Board
Section18 - Executive Committee and other committees
Chapter IV
Section19 - Business of Trust
Section19A - Power to impose conditions, etc.
Section19B - Special provision for enforcement of claim by the Trust
Section20 - Borrowing powers
Section20A - Special contribution by Reserve Bank
Section20B - Grants, donations, etc. to Trust
Section20C - Power to transfer rights
Section21 - Unit scheme
ChapterV - ALLOCATION AND DISTRIBUTION OF INCOMEAND RESERVE FUNDS
Section22 - Capital of the Trust
Section23 - Income of the Trust
Section24 - Allocation of income in respect of first unit scheme
Section25 - Allocation of interest and other expenses
Section25A - Distribution of income
Section25B - Reserve Funds
Section25C - Definition
Chapter VI
Section26 - Preparation of balance-sheet, etc. of Trust
Section27 - Audit
Section28 - Publication of annual accounts and reports
Section29 - Furnishing of information
Chapter VII
Section30 - Power of Reserve Bank to give directions
Section31 - Staff of Trust
Section32 - Income-tax and other taxes
Section33 - Act 18 of 1891 to apply in relation to Trust
Section34 - Declaration of fidelity and secrecy
Section35 - Defects in appointments not to invalidate acts, etc.
Section36 - Indemnity of trustees
Section37 - Protection of action taken under this Act
Section38 - Delegation of powers
Section39 - No Trust to be taken notice of
Section39A - Nomination by unit holders and agents
Section39B - Protection of certain amounts from attachment
Section40 - Re-payment of contribution in case of winding-up of contributing institution
Section41 - Power of Central Government to re-constitute Board
Section42 - Liquidation of Trust
Section43 - Regulations
Section44 - Amendment of certain enactments [Repealed]
Section45 - Power to remove difficulty
Schedule1 - THE FIRST SCHEDULE
Schedule2 - THE SECOND SCHEDULE