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Section 15 of ANDHRA PRADESH LABOUR WELFARE FUND ACT, 1987

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Section 15 - Investment of Fund
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Where the Fund or any portion thereof cannot be utilised within a period of ninety days for fulfilling the objects of the Act, the Board shall invest the same in any of the securities specified in clau
ses (a) to (d) of Section 20 of the Indian Trusts Act, 1882 or in fixed deposit bonds of the State Co operative Bank or such other Co operative Bank as the Government may notify from time to time in this behalf, or in such other security as may be expressly authorised by the Government in this behalf.
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