Abandonment, modification or sanction of a housing, improvement or building scheme

Abandonment, modification or sanction of a housing, improvement or building scheme.––

1. (1) After considering the suggestions or objections received in pursuance of section 39 and 40, the Board may either abandon or modify or sanction the scheme, or apply to the Government for sanction with such modifications, if any, as the Board may consider necessary if the cost of the scheme exceeds ten crore of rupees.
2. (2) The Government may sanction with or without modification, or may sanction with or without modification, or may refuse to sanction, or may return for reconsideration any housing, improvement or building scheme costing over ten crore of rupees submitted to it under sub-section (1).
3. (3) If a scheme returned for reconsideration under sub-section
4. (2) is modified by the Board it shall be republished in accordance with section 39––
   • (a) in every case in which the modification affects the boundaries of the area comprised in the scheme or involves the acquisition of any land not previously proposed to be acquired; and
   • (b) in every other case, where the modification is, in the opinion of the Board, of sufficient importance to require republication.