LawgistThe Biological Diversity Act
27Constitution of National Biodiversity Fund
(1) There shall be constituted a Fund to be called the National Biodiversity Fund and there shall be credited thereto--
(a) any grants and loans made to the National Biodiversity Authority under section 26;
(b) all charges and royalties received by the National Biodiversity Authority under this Act; and
(c) all sums received by the National Biodiversity Authority from such other sources as may be decided upon by the Central Government.
(2) The Fund shall be applied for--
(a) channeling benefits to the benefit claimers;
(b) conservation and promotion of biological resources and development of areas from where such biological resources or knowledge associated thereto has been accessed;
(c) socio-economic development of areas referred to in clause (b) in consultation with the local bodies concerned.
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All sections
- 1 Short title, extent and commencement
- 2 Definitions
- 3 Certain persons not to undertake Biodiversity related activities without approval of National Biodiversity Authority
- 4 Results of research not to be transferred to certain persons without approval of National Biodiversity Authority
- 5 Sections 3 and 4 not to apply to certain collaborative research projects
- 6 Application for intellectual property rights not to be made without approval of National Biodiversity Authority
- 7 Prior intimation to State Biodiversity Board for obtaining biological resource for certain purposes
- 8 Establishment of National Biodiversity Authority
- 9 Conditions of service of Chairperson and members
- 10 Chairperson to be Chief Executive of National Biodiversity Authority
- 11 Removal of members
- 12 Meetings of National Biodiversity Authority
- 13 Committees of National Biodiversity Authority
- 14 Officers and employees of National Biodiversity Authority
- 15 Authentication of orders and decisions of National Biodiversity Authority
- 16 Delegation of powers
- 17 Expenses of National Biodiversity Authority to be defrayed out of the Consolidated Fund of India
- 18 Functions and powers of National Biodiversity Authority
- 19 Approval by National Biodiversity Authority for undertaking certain activities
- 20 Transfer of biological resource or knowledge
- 21 Determination of equitable benefit sharing by National Biodiversity Authority
- 22 Establishment of State Biodiversity Board
- 23 Functions of State Biodiversity Board
- 24 Power of State Biodiversity Board to restrict certain activities violating the objectives of conservation, etc
- 25 Provisions of sections 9 to 17 to apply with modifications to State Biodiversity Board
- 26 Grants or loans by the Central Government
- 27 Constitution of National Biodiversity Fund
- 28 Annual report of National Biodiversity Authority
- 29 Budget, accounts and audit
- 30 Annual report to be laid before Parliament
- 31 Grants of money by State Government to State Biodiversity Board
- 32 Constitution of State Biodiversity Fund
- 33 Annual report of State Biodiversity Board
- 34 Audit of accounts of State Biodiversity Board
- 35 Annual report of State Biodiversity Board to be laid before State Legislature
- 36 Central Government to develop National strategies, plans, etc., for conservation, etc., of biological diversity
- 37 Biodiversity heritage sites
- 38 Power of Central Government to notify threatened species
- 39 Power of Central Government to designate repositories
- 40 Power of Central Government to exempt certain biological resources
- 41 Constitutions of Biodiversity Management Committees
- 42 Grants to Local Biodiversity Fund
- 43 Constitution of Local Biodiversity Fund
- 44 Application of Local Biodiversity Fund
- 45 Annual report of Biodiversity Management Committees
- 46 Audit of accounts of Biodiversity Management Committees
- 47 Annual report, etc., of Biodiversity Management Committee to be submitted to District Magistrate
- 48 National Biodiversity Authority to be bound by the directions given by Central Government
- 49 Power of State Government to give directions
- 50 Settlement of disputes between State Biodiversity Boards
- 51 Members, officers, etc., of National Biodiversity Authority and State Biodiversity Board deemed to be public servants
- 52 Appeal
- 52A Appeal to National Green Tribunal
- 53 Execution of determination or order
- 54 Protection of action taken in good faith
- 55 Penalties
- 56 Penalty for contravention for directions or orders of Central Government, State Government, National Biodiversity Authority and State Biodiversity Boards
- 57 Offences by companies
- 58 Offences to be cognizable and non-bailable
- 59 Act to have effect in addition to other Acts
- 60 Power of Central Government to give directions to State Government
- 61 Cognizance of offences
- 62 Power of Central Government to make rules
- 63 Power of State Government to make rules
- 64 Power to make regulations
- 65 Power to remove difficulties
