38. (1) For the purpose of compulsory acquisition of land by the Corporation, the Land Acquisition Act, 1894, hereinafter referred to as the said Act, shall apply subject to the modifications indicated in the Schedule.

(2) In addition to the modifications indicated in Schedule,-

(a) the first publication of a notice of a scheme or project under section 30 shall be substituted for and have the same effect as publication in the official Gazette and in the locality of a notification under sub section (1) of section 4 of the said Act, except where a notification under section 4 or a declaration under section 6 of the said Act has previously been made and is still in force;

(b) proceedings under section 31 and sub section (1) of section 32 shall be substituted for and have the same effect as proceedings under section 5A of the said Act; and

(c) subject to the provisions of paragraphs 9 and 10 of the Schedule, the publication of a notification under section 34 shall be substituted for and have the same effect as a declaration by the Government under section 6 of the said Act, unless a declaration under the last mentioned section has previously been made and is still in force.