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The Biological Diversity Act, 2002

Section 44. Application of Local Biodiversity Fund.

1[44. Application of Local Biodiversity Fund.--(1) The Local Biodiversity Fund shall be utilised in accordance with the regulations and the guidelines made in this behalf, for-- (a) the conservation and promotion of biodiversity including restoration of areas falling within the jurisdiction of concerned local body; (b) the socio-economic development of the community without compromising the conservation concerns; and (c) the administrative expenses of the Biodiversity Management Committee. (2) The Fund shall be utilised in such manner as may be prescribed by the State Government.].

Source: IndiaCode Portal, Legislative Department, Ministry of Law and Justice, Government of India. Open on India Code Check against the official text before relying on it.

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