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CHAPTER - VIII
Finance, Accounts and Audit of State Biodiversity Board
Grants of money by State Government
to State Biodiversity Board
31. The State Government may, after due appropriation made by
the State Legislature by law in this behalf, pay to the State
Biodiversity Board by way of grants or loans such sums of money
as the State Government may think fit for being utilized for the
purposes of this Act.
Constitution of State Biodiversity Fund
32.(1) There shall be constituted a Fund to be called the State
Biodiversity Fund and there shall be credited thereto
- any grants and loans made to the State Biodiversity Board
under section 31;
- any grants or loans made by the National Biodiversity
Authority;
- all sums received by the State
Biodiversity Board from such other sources as may be decided upon
by the State Government.
(2) The State Biodiversity Fund shall be applied for
- the management and conservation of heritage sites;
- compensating or rehabilitating any section of the people
economically affected by notification under sub section (1) of
section 37;
- conservation and promotion of biological resources;
- socio economic development of areas from where such
biological resources or knowledge associated thereto has been
accessed subject to any order made under section 24, in
consultation with the local bodies concerned;
- meeting the expenses incurred
for the purposes authorized by this Act.
Annual report of State Biodiversity
Board
33. The State Biodiversity Board shall prepare, in such form and
at such time in each financial year as may be prescribed, its
annual report, giving a full account of its activities during
the previous financial year, and submit a copy thereof to the
State Government.
Audit of accounts of State Biodiversity
Board
34. The accounts of the State Biodiversity Board shall be
maintained and audited in such manner as may, in consultation
with the Accountant General of the State, be prescribed and the
State Biodiversity Board shall furnish, to the State Government,
before such date as may be prescribed, its audited copy of
accounts together with auditor's report thereon.
Annual Report of State Biodiversity
Board to be laid before State Legislature
35. The State Government shall cause the annual report and
auditor's report to be laid, as soon as may be after they are
received, before the House of State Legislature.
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