Bare Acts

CHAPTER VIII FINANCE, ACCOUNTS AND AUDIT OF STATE BIODIVERSITY BOARD


31. Grants of money by State Government to State Biodiversity Board.—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 utilised for the purposes of this Act.
32. Constitution of State Biodiversity Fund.—(1) There shall be constituted a Fund to be called the
State Biodiversity Fund and there shall be credited thereto—
(a) any grants and loans made to the State Biodiversity Board under section 31;
(b) any grants or loans made by the National Biodiversity Authority;
1
[(c) all sums including charges and benefit sharing amount received by the State Biodiversity
Board and from such other sources as may be decided by the State Government;]
(2) The State Biodiversity Fund shall be 2
[utilised] for—
(a) the management and conservation of heritage sites;

1. Subs. by Act 10 of 2023, s. 24, for clause (c) (w.e.f. 1-4-2024).
2. Subs. by s. 24, ibid., for “applied” (w.e.f. 1-4-2024).
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1
[(aa) channelling benefits to the benefit claimers;]
(b) compensating or rehabilitating any section of the people economically affected by notification
under sub-section (1) of section 37;
2
[(c) conservation, promotion and sustainable use of biological resources;]
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[(d) socio-economic development of areas from where such biological resources or traditional
knowledge associated thereto have been accessed in consultation with the Biodiversity Management
Committee or local body concerned:
Provided that when it is not possible to identify the area from where the biological resources or
associated knowledge have been accessed, the fund shall be utilised for socio-economic development
of the area where such biological resources occur;]
4
[(e) making grants or loans to the Biodiversity Management Committees;
(f) the activities to meet the purposes of the Act.]
33. Annual report of State Biodiversity Board.—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.
34. Audit of accounts of State Biodiversity Board.—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.
35. Annual report of State Biodiversity Board to be laid before State Legislature.—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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