Disaster Management Act, 2005
Chapter IX: Finance,
Accounts and Audit
46. National Disaster
Response Fund.-
1.
The
Central Government may, by notification in the Official Gazette, constitute a
fund to be called the National Disaster Response Fund for meeting any
threatening disaster situation or disaster and there shall be credited thereto-
a. an amount which the
Central Government may, after due appropriation made by Parliament by law in
this behalf provide;
b. any grants that may
be made by any person or institution for the purpose of disaster management.
2.
The
National Disaster Response Fund shall be made available to the National
Executive Committee to be applied towards meeting the expenses for emergency
response, relief and rehabilitation in accordance with the guidelines laid down
by the Central Government in consultation with the National Authority.