(1) The Board shall consider any claim for compensation from any interested person who submits a claim in accordance with section 16.
(2) After due consideration of the claims the Board may dismiss, modify or accept the claim.
(3) Where appropriate, the Board may make an award to the claimant. Such an award shall be signed by the Executive Secretary after approval by the Board. The award may include monetary payments, remission of land tax, exchange of land or any other award which the Board deems appropriate.