(1) The Board shall for the purposes of this Act, by agreement on such terms and at such price as may be approved by the Board, have power to acquire and hold or dispose of movable and immovable property or any interest thereon.
(2) The Government may at the request of the Board acquire, prescribe any immovable property in accordance with the law for the time being in force.
Power to contract.
34. The Board shall be competent to enter into and perform any contract necessary for the discharge of its functions under this Act.
19 Officers and employees of the Board to be public servants.
35. All officers and employees of the Board shall, when acting or purporting to act in pursuance to the provisions of this Act or of any rules or regulations made thereunder be deemed to be public servant within the meaning of section 21 of the Indian Penal Code, 1860 (45 of 1860).
Service of notices, etc.