In accordance with an inventory published pursuant to Sub-section (1) of Section 14 where a suit cannot be filed by virtue of the expiration of the time limit for making complaint against such inventory, and in accordance with the final decision of the complaint, if any, made, the prescribed authority shall acquire as prescribed such portion of the lands of the concerned landowner as is beyond the upper ceiling prescribed in Section 7, in the areas in respect of which this Chapter has come into force. After such acquisition, the rights and powers of the concerned landowner over such land shall be deemed to have been terminated ipso facto. Provided that: (a) Where a landowner who has owned land in excess of the upper ceiling allowed under Section 7 in One area or more than One area, submits an inventory pursuant to Section 13 indicating the land which he intends to hold, the land chosen by him/her and falling within the upper ceiling prescribed in Section 7 shall not be acquired. (b) The existing landowner shall be allowed to posses and use the land so acquired, subject to the payment of land revenue to Government of Nepal, pending its transfer to the person who gets it on its sale and disposal pursuant to Chapter 6.