Acquisition of land

When any land is required for the purpose of this Act, the State Government may, on the request of the Market Committee proceed to acquire it under the provisions of the Land Acquisition Act, 1 of 1894, or any other law for the time being in force, and on payment by the Market Committee, of the compensation awarded under the said Act or other law, as the case may be, and of all other charges incurred by the State Government on account of such acquisition, the land shall vest in the Market Committee. (b) the powers and duties of the officers and servants of the Board; (c) the salaries and allowances and other conditions of service of officers and servants of the Board; (d) the management of the property of the Board; (e) the execution of contracts and assurances of property on behalf of the Board; (f) the maintenance of accounts and preparation of balance-sheet of the Board; (g) the procedure for carrying out the functions of the Board under the Act ; and (h) any other matter for which provision is to be or may be made in the regulations.