Management of forests, the joint property of Government and other persons

If the Government and any person or persons are jointly interested in a y forest or waste-land, or in the whole or any part of the produce thereof, the Government may either- (a) undertake the management of such forest, waste-land or produce, accounting to such person for his interest in the same; or (b) issue such regulations for the management of the forest, wasteland or produce by the persons so jointly interested as it deems necessary for the management thereof and the interests of all parties therein. When the Government undertakes, under clause (a) of this section, the management of any forest, waste-land or produce, it may, by notification in the Official Gazette and the Official Gazette of the district., declare that any of the provisions contained in Chapters II and III of this Act shall apply to such forest, wasteland or produce, and there upon such provisions shall apply accordingly.