350Permitted modes of investment.
Section 350 · Chapter XVII · B.—Special provisions for registered non-profit organisation — 4.—Compliances · page 415 of the Act
(1) The modes of investing or depositing the money under this Part, shall be such as specified in Schedule XVI .
(2) The modes of investing or depositing money under this Part, other than the modes specified in Schedule XVI, shall be specified by the Central Government, by notification.