(1) In the locality comprised in a deferred street scheme the owner of any property affected by a street alignment duly specified by the trust may, at any time after the scheme has been sanctioned by the State Government, give the trust notice requiring it to acquire such property before the expiration of six months from the date of such notice, and the trust shall acquire such property accordingly.
(2) In the locality comprised in a deferred street scheme, before proceeding to acquire any property affected by a street alignment duly specified by the trust other than property regarding which it has received a notice under preceding sub-section, the trust shall give six months notice to the owner of its intention to acquire the property.