Transfer of private street or square to Board for purpose of improvement scheme

(1) Whenever any street or square or part thei cof which is not vested in the Board or in the Corporation or in any iunicipality or in any panchayat 1s required for executing any improvement scheme, the Board shall cause to be affixed m a conspicuous place in or near . such street, square or part, a notice signed by the Chairman, and—

_ (a) stating the purpose for which the sticct, square or part is required ; and

1. (b) declaring that the Board will, on or afte: a date to be speci- fied in the notice, take over charge of such street, square a part from the owner thereof ; and shall simultancously send a copy of such notice to the owner of such strect, square or part.

1. (2) After considermg the objections (if any) icceived in writing before the date specified under clause (b) of sub-section (1), the Board may take over charge of such street, square or part, and tle same shall thereupon vest in the Board.
2. (3) When the Board alters or closes any strect or squire or part thereof which has vested in 1t under sub-section (2), it shall pay reason- able compensation to the previous owner for the loss of his right therein.
3. (4) If the alteration or closing of any such street, square or part causes damage or substantial inconvenience to owners of property adjacent thereto or to residents m the neighbourhood, the Board—
4. (1) shall forthwith provide some other teasonable means of access for the use of persons who were entitled to use such street, square or part as a means of access to any property or place, and
5. (11) if the provision of such means of access docs not sufficiently compensate any such owner or resident for such damage oi inconven- ience, shall also pay him reasonable compensation in money.