Section 30: Investment of Public Trust Moneys

Q: What does Section 30 of The Rajasthan Public Trusts Act, 1959 (TRPTA) deal with?

Section 30 TRPTA pertains to "Investment of Public Trust Moneys". It is part of the The Rajasthan Public Trusts Act, 1959, a legislation enacted by the Parliament of India. Section 30 of The Rajasthan Public Trusts Act, 1959 (TRPTA) governs investment of Public Trust Moneys. As verified on 19 May 2026.

Q: Is Section 30 TRPTA still in force?

Yes, Section 30 of the The Rajasthan Public Trusts Act, 1959 is currently in force across the Republic of India.

Q: What is धारा 30 TRPTA?

धारा 30 TRPTA is the Devanagari Hindi reference for Section 30 of the The Rajasthan Public Trusts Act, 1959. Section 30 of The Rajasthan Public Trusts Act, 1959 (TRPTA) governs investment of Public Trust Moneys. As verified on 19 May 2026.

Q: What is Dhara 30 TRPTA?

Dhara 30 TRPTA is the Roman Hindi reference for Section 30 of the The Rajasthan Public Trusts Act, 1959. "Dhara" means "Section" in Hindi. Section 30 of The Rajasthan Public Trusts Act, 1959 (TRPTA) governs investment of Public Trust Moneys. As verified on 19 May 2026.

Q: How to cite Section 30 of The Rajasthan Public Trusts Act, 1959?

Cite as: "Section 30, The Rajasthan Public Trusts Act, 1959 (TRPTA)" in legal briefs. For academic writing, use the BlueBook format: The Rajasthan Public Trusts Act, 1959, § 30 (India).

Law on Tips Editorial Board

(1)

Where any property belonging to public trust consists of money and such money cannot be applied immediately or at any early date to the purposes of the said public trust, the working trustee thereof shall be bound, notwithstanding a direction to the contrary contained in the instrument of trust, if any, to deposit the money in a Scheduled Bank as defined in the Reserve Bank of India Act, 1934 (Central Act 2 of 1934) or in a Postal Savings Bank or in Co-operative Bank registered under the. Rajasthan Co-operative Societies Act, 1953 (Rajasthan Act 4 of 1953) or to invest it in public securities :

Provided that such money may be invested in the first mortgage of immovable property situated in India if the property is not lease-hold for a term of three years and the value of the property exceeds by one-half the mortgage money :

Provided further that the Commissioner may, by general or special order, permit the working trustee of any public trust or class of such trusts to invest such money in any other manner.

(2)

Nothing in Sub-section (1) shall affect any investment or deposit already made before the commencement of this Act in accordance with a direction contained in the instrument of trust :

Provided that any interest of dividend received or accruing from such investment or deposit on or after the commencement of this Act or any sum realised on the maturity of the said investment or deposit shall be applied or invested in the manner prescribed in Sub-section (1).