The Bombay Queen Victoria statue site (and adjoining land utilization for construction of Satellite Telecommunications Exchanges of the Overseas Communications Service) Act, 1968

(1) This Act may be called the Bombay Queen Victoria statue site (and adjoining land utilization for construction of Satellite Telecommunications Exchanges of the Overseas Communications Service) Act, 1968. (2) It shall be deemed to have come into force on the 12th day of January 1968.

(1) The statue of Her Majesty Queen Victoria having been removed from the site vested in and held by the Municipal Corporation of Greater Bombay in trust as statue site a public monument and the site no longer being required for the purpose of the trust, the trust aforesaid shall be and is hereby revoked and extinguished and all the estate, right, title and interest of the Corporation in and to the said site shall be and is hereby divested from the Corporation and is hereby revested, without further assurance, in the State Government, free from all rights and liabilities and charges of whatsoever affecting the same and the State Government shall take possession immediately of the said site. In consequence of the revocation and extinguishment of the said trust, Section 89-B of the Bombay Municipal Corporation Act shall be deleted and in the proviso to Section 92 of the said Act, the words "to the statue of Her Majesty Queen Victoria or" shall be deleted and for the words, figures and letters "or to the sites thereof referred to in Sections 89-B and 89-C" the words, figures and letter "or to the site thereof referred to in Section 89-C" shall be substituted. (2) The land adjacent to the site of the aforesaid statue, more particularly described in the Schedule, shall be and is hereby divested from the Corporation, and is hereby vested, without further assurance, in the State Government, free from all rights, liabilities and charges whatsoever, whether of individuals or of the Corporation or of the public, affecting the same. The State Government shall take possession immediately of the said land. (3) For the site and land so revested or vested in the State Government, such compensation may be paid by that Government as may be agreed upon with the Corporation; and In default of agreement as may be determined by a person appointed by the State Government, who shall determine the compensation in accordance with the principles for determining compensation laid down in the Land Acquisition Act, 1894 and the provisions of that Act (including provisions for reference to Court and appeal) shall apply there to mutatis mutandis as if the Site and land had been acquired and compensation to be determined under the provisions of the said Act.

Notwithstanding anything contained in the Bombay Municipal Corporation Act or in the Maharashtra Regional and Town Planning Act, 1966 (including any Building Regulations, Development Control Rules or Development Plan made or sanctioned under those Acts) or in any other law for the time being in force, the State Government may allow the use of the aforesaid site and land adjacent thereto for the setting up of Satellite Telecommunications Exchanges of the Overseas Communications Service and for that purpose may transfer the site and land adjacent thereto to the Government of India on such terms and conditions and imposing such restrictions as it may think fit to impose and the State Government shall have power to remove any land from any reservation made in the Development Plan for Greater Bombay and to relax any restrictions as to the floor space index or to fix some other floor space index or to remove or relax any other terms and conditions and restrictions regarding the development control and building rules and regulations and in respect of matters related thereto regard being had to the necessity therefore, for enabling the proper and efficient, building and working of the said Exchanges.

(1) The Bombay Queen Victoria statue site (and adjoining land utilization for construction of Satellite Telecommunications Exchanges of the Overseas Communications Service) Ordinance, 1968, is hereby repealed. (2) Notwithstanding such repeal, anything done or any action taken under the said Ordinance shall be deemed to have been done or taken under this Act.