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TypeBare Act JurisdictionCentral Government

Biological Diversity Act, 2002 Section 27

Constitution of National Biodiversity Fund

~1 min read
https://sooperkanoon.com/act/24268

Bare act section · Research

About this section

Biological Diversity Act, 2002 Section 27 is part of Biological Diversity Act, 2002 - Constitution of National Biodiversity Fund. Read the section text below and explore Indian court judgments that cite it.

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Section Text

(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.

Frequently asked questions

What does Biological Diversity Act, 2002 Section 27 provide?

Section Section 27 of the Biological Diversity Act, 2002 (Constitution of National Biodiversity Fund) is reproduced on this page as part of the Biological Diversity Act, 2002. Lawyers and researchers use it to read the statutory wording before checking how courts have applied this section in reported judgments.

How do I find judgments on Biological Diversity Act, 2002 Section 27?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Biological Diversity Act, 2002 Section 27. Advanced act search can narrow results by court, year, or additional act filters.

Is the section text on SooperKanoon official?

SooperKanoon hosts bare act text for research and quick reference. For filings or compliance in Central, confirm the wording against the official state gazette or authorized publication.

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