Assessment of betterment fee by the Board and notice to persons liable to such fee

(1) Whenever it appears to the Board that a housing or improvement scheme is sufficiently advanced to enable the amount of the betterment fee to be assessed, the Board shall, by a resolution passed in this behalf, declare that for the purpose of assessing such fee, the execution of the scheme shall be deemed to have been completed and shall thereafter give notice in writing to every person on whom a notice in respect of land to be assessed has been served under sub-section (1) of section 42, or to the successor in interest of such person, as the case may be, that the board proposes to assess the amount of the betterment fee payable in respect of the land under section 63. (2) The Board shall then assess the amount of betterment fee payable by each person concerned, after giving such person an opportunity of being heard, and such person, shall, within one month from the date of receipt of notice in writing of such assessment from the Board, inform the Board in writing whether or not he accepts the assessment. (3) When the assessment proposed by the Board is accepted by the person concerned within the period specified in sub-section (2), such assessment shall be final. (4) If the person concerned does not accept the assessment made by the Board or fails to inform the Board as required under sub-section (2) within the period specified therein, the matter shall be referred to the Government. (5) The Government shall, after holding an inquiry, and after hearing the person concerned, assess the amount of betterment fee payable by the person.