Amendment status not verified — confirm the current text below against the official source.
Asse,sment of betterment fee by Board.-( I) When it appears to the Board that an Improvement scheme is sufficiently advanced to enable the amount of the betterment fee to be determined, the Board shall by a resolution pa~sed in this behalf declare that for the purpose of determining such fee the execution of the scheme shal! be deemed to have been completed and shall thereupon give notice in wnung to eve1 y person on whom a notice m respect of land to be assessed has been served under clause (a) of sub-section (I) ofsection49, or to the suc- cessor m inte1cst of such person, as the case may be, that the Board propose~ to assess the amount of the betterment fee payable in respect of such land under section 80. (2) The Board shall then a~ss the amount of betterment fee payable by each person concerned after giving such person an oppor- tunity to be heard and slllch person shall, within three months from the date of receipt of notice in writing of such assessment from the Board, inform the Board in writing whether or not he accepts the assessment. (3) When the assessment proposed by the Board is accepted by the person concerned within the period specified in sub-sect10n (2), such assessment shall be final. (4) If the person conce1ned does not accept the assessment made by the Board 01 fails to give the Board the mformation required by sub- section (2) w1thm the period specified therem, the matter shall be determined by an ~rb1trat01 appointed by the Government.