The Biological Diversity Act, 2002
44. Application of
Local Biodiversity Fund.-
1.
Subject
to the provisions of sub-section (2), the management and the custody of the
Local Biodiversity Fund and the purposes for which such Fund shall be applied,
are in the manner as may be prescribed by the State Government.
2.
The
Fund shall be used for conservation and promotion of biodiversity in the areas
falling within the jurisdiction of the concerned local body and for the benefit
of the community in so far such use is consistent with conservation of
biodiversity.