Amendment status not verified — confirm the current text below against the official source.
Constitution 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; 3[(b) all sums including charges and benefit sharing amount received by the National Biodiversity Authority;] (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 4[utilised] for— (a) channeling benefits to the benefit claimers; 5[(b) conservation, promotion and sustainable use of biological resources;