law: The Protection of Plant Varieties and Farmers' Rights Act, 2001
  45. Gene Fund.-
  1.  The
  
  Central Government shall constitute a Fund to be called the National Gene Fund
  
  and there shall be credited thereto-
  a.   the benefit sharing
  
  received in the prescribed manner from the breeder of a variety or an
  
  essentially derived variety registered under this Act, or propagating material
  
  of such variety or essentially derived variety, as the case may be;
  b.   the annual fee payable
  
  to the Authority by way of royalty under sub-section (1) of section 35;
  c.   the compensation
  
  deposited in the Gene Fund under sub-section (4) of section 41; (d) the
  
  contribution from any national and international organisation and other
  
  sources;
  1.  
  2.  The
  
  Gene Fund shall, in the prescribed manner, be applied for meeting-
  a.   any amount to be paid
  
  by way of benefit sharing under sub-section (5) of section 26;
  b.   the compensation
  
  payable under sub-section (3) of section 41;
  c.   the expenditure for
  
  supporting the conservation and sustainable use of genetic resources including
  
  in-situ and ex-situ collections and for strengthening the capability of the
  
  Panchayat in carrying out such conservation and sustainable use;
  d.   the expenditure of
  
  the schemes relating to benefit sharing framed under section 46.