(1)In any case under this Chapter in which the State Government considers that in lieu of placing the forest or land under the control and management of a Forest Officer, the same should be acquired for public purposes, the State Government may proceed to acquire it in the manner provided by the Land Acquisition Act, 1894.(2)The owner of any forest or land comprised in any notification under Section 38, or if there be more than one owner thereof, the owners of shares therein amounting in the aggregate to at lest two-thirds thereof, may at any time not less than three or more than twelve years from the date thereof, require that such forest or land shall be acquired for public purposes and the State Government shall acquire such forest or land accordingly.
