Section 64 not to apply to notified institutions

(1) Section 64 shall not apply to any religious institution notified under this Chapter or under Chapter VI of the Tamil Nadu Hindu religious and Charitable Endowments Act, 1951 (Tamil Nadu Act XIX of 1951) or under Chapter VI-A of the Tamil Nadu Hindu Religious Endowments Act, 1926 (Tamil Nadu Act II of 1927) so long as the notification remains in force. (2) Nothing in sub-section (1) shall be construed as prohibiting the settlement of a scheme under section 64 during the period when a notification is in force, to take effect immediately on the notification ceasing to be in force. (b) the Tribunal in making its award shall have regard to the nature of the property, the use to which it has been put, the rent, fee or other income payable in accordance with the terms of the lease, licence or mortgage, as the case may be. (c) the compensation awarded by the Tribunal shall not exceed the amount, if any, payable by the lessee or licensee for the unexpired period of the lease or licence and in the case of a mortgage, the amount secured of the mortgage together with the interest due thereon. (2) The compensation awarded by the Tribunal shall be payable out of the funds of the religious institution after the trustee obtains the permission of the Joint Commissioner or the Deputy Commissioner, as the case may be, in accordance with the provisions of this Act. (3) Save as provided in this section and in any rules made under this Act, nothing contained in any law for the time being in force shall apply to awards under this section.