Amendment status not verified — confirm the current text below against the official source.
(1) Where any land vests in the Board under respect. of land the provisions of section 32 and the Board makes a vested m the Board. declaration that such land shall be retained by the Board only until it revests in the Corporation, the ,, Municipality or the Mohkuma Parishad., as part of a street or open space under section 36, no compensation shall be payable by the Board to the Corporation, the ~ Municipality or the Mohkuma Parishad, as the case may be, d.n respect of that land. (2) Where any land vests in the Board under sec- tion 32 and no declaration is made under sub-section (1) in respect of the land, the Board shall pay to the Corporation, the Municipality or the Mohkuma pari- shad, as the case may be, as compensation a sum equal to the value of such land. (3) If, in any case where the Board has made a declaration in respect of any land under sub-section (1), the Board retains or disposes of the land contrary to the terms of the declaration so that the land does not revest in the Corporation, the Municipality or the Mohkuma Parishad, as the case may be, the Board shall pay to the Corporation, the Municipality or the Moh- kuma Parishad, compensation d.n respect of such land in accordance with the provisions of sub-section (2). Power of Board .}