The Indian Succession Act, 1925 · Ch. X — Of the Investment of Funds to provide for Legacies
Section 342 — Investment of general legacy, to be paid at future time: disposal of intermediate interest
(1) Where a general legacy is given to be paid at a future time, the executor or administrator shall invest a sum sufficient to meet it in securities of the kind mentioned in section 341. (2) The intermediate interest shall form part of the residue of the testator's estate.