44Application 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.].