Section 163(iii) in The Indian Succession Act, 1925
(iii)A bequeaths to B the sum of 10,000 rupees in promissory notes of the Central Government which he has power under his marriage settlement to dispose of by Will. Afterwards, in A’s lifetime, the fund is converted into Consols by virtue of an authority contained in the settlement. No one of these legacies has been adeemed.
