( 132A ) 



such chartered accountant will be debited to the said 

 account. 



(14) That the Secretary of State may at any time relinquish 

 the said lands set forth in the schedule hereto annexed. 



(15) That if the Secretary of State relinquishes the said lands 

 the said owner shall not be liable to pay Government 

 any amount that may be standing at the debit of the 

 capital account. 



(16) When an estate has been completely afforested to the. 

 satisfaction of the Forest Officers and the gross in- 

 come exceeds the gross expenditure th ; capital account 

 will be closed and the net profits distributed in accord- 

 ance with the provisions of clause (4) namely three- 

 quarters of the net profits to the Forest department and 

 one-quarter to the owner. 



PROVIDED AND IT is HEREBY FURTHER AGREED that any part or 

 parts of the said lands hereby taken under the management of the 

 Forest department by these presents may be cleared and broken up 

 for the purposes of cultivation or any other purpose in which event 

 should such land be rendered liable to assessment to Government 

 revenue under the law in force for the time being the said Local 

 Government may assess such part or parts so broken up and 

 brought under cultivation to Government revenue AND IT is FOR- 

 THEB AGREED AND DECLARED that out of any profits that shall 

 accrue from lands placed under cultivation under the foregoing 

 clause one-half shall be paid to the owner and the other half be 

 placed to the credit of the revenue and expenditure account. AND 

 IT is HEREBY FDRTHRii AGREED that if the said owner should desire 

 at any time to take back the land set forth in the schedule hereto 

 annexed into his own occupation and management he shall have 

 the option of doing so upon his giving twelve mouths' previous 

 notice in writing expiring on the thirty-first March of his intention 

 so to do to the said Local Government and upon paying to the said 

 Local Government the balance if any due on the said capital 

 account and upon his executing and undertaking to manage the 



