(1) Any person who is entitled to claim any compensation or any part thereof under section 13 or section 14 or section 16 may make an application to the prescribed authority in such form and within such period as may be prescribed.
(2) On receipt of an application under sub-section (1), the prescribed authority shall, after giving notice to all persons who may be interested in the compensation amount and after making such enquiry as it may deem fit and giving a reasonable opportunity to the persons interested to make a representation in regard thereto, decide the amount of compensation, payable in accordance with Chapter IV, to each of the persons entitled thereto.