Section 46. Release of vested forests

46. (1) The State Government may at any time, by notification, declare that the provisions of this Chapter shall cease to apply to a vested forest from such date as may be specified in the notification and that, with effect from that date, the forest shall cease to be a vested forest. (2) If on the date of the publication of a notification under subsection (1) the balance-sheet of the revenue and expenditure/account prepared under Section 40 shows that any amount is due to the State Government in respect of the management and working of such forest, such amount shall be recovered from the owner as may be determined generally or specially by the State Government.