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(1) The Authority may, in the first instance make reasonable efforts to purchase any land by compulsory private negotiation, acquisition. x ° (2) In case of failure to purchase t]ie land by private negotiation within a specified time, the said land shall be compulsorily acquired. (3) Nothing in this section shall, however debar the' State Government or hie Authority from com- pi.lsoyjly acquiring any land without prior private negotiation. Payment t°