(1) After considering the suggestions or objections, if any, received in pursuance of sub-section (2) of section 42 and section 43 and after hearing the person who, having made any suggestions or objections, desires to be heard the Board may either abandon or modify or sanction the scheme, or apply to the Government for sanction with such modification, if any, as the Board may consider necessary if the cost of the scheme exceeds fifty lacs of rupees.
(2) The Government may sanction with or without modification, or may refuse to sanction, or may return for reconsideration any housing, development or improvement scheme costing over fifty lacs of rupees submitted to it under sub-section
(1).
(3)If a scheme returned for reconsideration under subsection (2) is modified by the Board, it shall be republished in accordance with section 42-
(a) in every case in which the modification affects the boundaries of the area comprised in the scheme or involves the acquisition of any land not previously proposed to be acquired, and
(b) in every other case, where the modification is, in the opinion of the Board, of sufficient importance to require republication.