The Biological Diversity Act, 2002
43. Constitution of
Local Biodiversity Fund.-
1.
There
shall be constituted a Fund to be called the Local Biodiversity Fund at every
area notified by the State Government where any institution of self-government
is functioning and there shall be credited thereto-
a. any grants and loans
made under section 42;
b. any grants or loans
made by the National Biodiversity Authority;
c. any grants or loans
made by the State Biodiversity Boards;
d. fees referred to in
sub-section (3) of section 41 received by the Biodiversity Management
Committees;
e. all sums received by
the Local Biodiversity Fund from such other sources as may be decided upon by
the State Government.