Unit Trust of India Act : Power to transfer rights. Indian Bare Acts :

Unit Trust of India Act,1963

Act No : 52

Section : Power to transfer rights.

3*["20C. Power to transfer rights. The rights and interests of the Trust (including any other rights incidental thereto) in relation to any loan or advance granted, or any amount recoverable, by it may be transferred by the Trust, either in whole or in part, by the execu- tion or issue of any instrument, or by the transfer of any instrument by endorsement or in any other manner in which the rights and interests in relation to such loan or advance may be lawfully transferred, and the Trust may, notwithstanding such transfer, act as the trustee within the meaning of section 3 of the Indian Trusts Act, 1882 (2 of 1882), for the transferee.]