Section 343, Indian Succession Act, 1925 — Procedure when no fund charged with, or appropriated to, annuity

Part IX · Chapter X · Of the Investment of Funds to Provide for Legacies

343Procedure when no fund charged with, or appropriated to, annuity.

Section 343 · Part IX · Chapter X · page 88 of the Act

Where an annuity is given and no fund is charged with its payment or appropriated by the will to answer it, a Government annuity of the specified amount shall be purchased, or, if no such annuity can be obtained, then a sum sufficient to produce the annuity shall be invested for that purpose in securities of the kind mentioned in section 341.

Section 343 of The Indian Succession Act, 1925 is reproduced in full above, as printed by India Code, with its footnotes and amendment markers. Read the whole Act, or browse every Act on Mera Samvidhaan.