(1) In any case in which the Government decides that any land including land with buildings thereon should be acquired to enable the purposes of this Act to be more readily carried out, the Governor General may acquire by public treaty or compulsory acquisition under the provisions of the Land Acquisition Act any lands in a conservation area and may exercise all powers under the Act in relation to any acquisition or intended acquisitions of such land and in relation to such acquisition the purpose aforesaid shall be deemed to be a public purpose.
(2) The Governor General may, upon such terms and conditions as he or she may determine, vest any lands acquired in a conservation area in any authority or body of persons charged with executing the provisions of this Act by order declaring that such lands shall vest in the authority or body of persons as from the date thereof. Any such order shall be published in the Gazette and shall vest the lands absolutely in the authority or body of persons designated by the Governor General as from the date thereof, free from all encumbrances.
(3) Nothing herein contained shall prejudice the right of any person having any interest in any lands acquired as aforesaid within the provisions of the Land Acquisition Act: except that compensation for any lands acquired under this section shall be determined in accordance with the provisions of section 19 of the Land Acquisition Act save that the date at which such compensation is to be assessed is the date from which the Declaration under section 3 of the said Act shall be published.