When treasure trove may be declared ownerless.

(1) (i) If, upon such enquiry, the Collector sees no reason to believe that the treasure trove was hidden within one hundred years before the date of the finding; or (ii) if, where a period is fixed under section 7, no suit is instituted as aforesaid within such period, to the knowledge of the Collector; or (iii) if such suit is instituted within such period and the plaintiff’s claim is finally rejected, the Collector may declare the treasure trove to be ownerless. (2) Any person aggrieved by a declaration made under sub-section (1) may appeal against the same within two months from the date thereof to the Board of Revenue: Provided that no appeal shall lie from a declaration made under sub-section (1) in a case referred to in clause (iii) of the said sub-section. (3) Subject to such appeal, every such declaration shall be final and conclusive.