Amendment status not verified — confirm the current text below against the official source.
The Board may enter into agreement with any person for the acquisition from him by purchase, lease or exchange, of any land or any interest therein which may be required for any of the purposes of this Act: Provided that if the value of such land or interest exceeds 1[three lakh rupees], the Board shall not enter into such agreement without the previous approval of the Government. Power to dispose of land