Amendment status not verified — confirm the current text below against the official source.
Vesting of all properties in the institution or endowment - All properties belonging to, or given or endowed to a charitable or religious institution or endowment shall, vest in the charitable or religious institution or endowment, as the case may be. 1 [15. Appointment of Board of Trustees- In respect of a Charitable or Religious Institution or Endowment,- 2[(1) Any institution included in the list published under clause (a) section 6,- (i) where the income for the institution exceeds Rs.20.00 crores (Rupees Twenty Crores) per annum, the Government shall constitute a Board of Trustees consisting of fifteen (15) persons 3[at its pleasure except for founder family member and ex-officio members]. (ii) where the income for the institution is between Rs.5.00 crores (Rupees Five Crores) to Rs.20.00 (Twenty Crores) per annum, the Government shall constitute a Board of Trustees consisting of eleven (11) persons 2[at its pleasure except for founder family member and ex-officio members]; (iii) where the income for the institution is between Rs.1.00 crore (Rupees One Crore) to Rs.5.00 crores (Rupees Five Crores) per annum, the Government shall constitute a Board of Trustees consisting of nine (9) persons 2[at its pleasure except for founder family member and ex-officio members]. (iv) where the income for the institution is between Rs.25.00 lakhs (Rupees Twenty Five Lakhs) to Rs.1.00 crore (Rupees One Crore) per annum, the Andhra Pradesh Dharmika Parishad shall constitute a Board of Trustees consisting of nine (9) persons. 2[at its pleasure except for founder family member and ex-officio members]”. (2) Where the income of the institution is between Rs. 2.00 lakhs to Rs.25 lakhs per annum, the Commissioner shall appoint a Board of Trustees consisting of 4[Seven persons] 2[at its pleasure except for founder family member and ex-officio members] and where the income of the institutions is less than Rs.2.00 lakhs per annum, the Deputy Commissioner concerned may constitute a Board of Trustees consisting of 3[five] persons 2[at its pleasure except for founder family member and ex-officio members] in respect of each such temple keeping in view the traditions, sampradayams and wishes of the devotees. Provided that the Deputy Commissioner may either in the interest of the institution or endowment or any other sufficient cause or for reasons to be recorded in writing appoint a single trustee instead of a Board of Trustees: Provided further that in the case of a religious institution, the Archaka or where there is more than one Archaka, the Pradhana Archaka thereof shall be an ex-officio member of the Trust Board notwithstanding clause (g) of sub- section (1) of section 19: