law: The Biological Diversity Act, 2002
  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;
  c.   all sums received by
  
  the State Biodiversity Board from such other sources as may be decided upon by
  
  the State Government.
  1.  
  
  
  2.  
  
    The
  
  State Biodiversity Fund shall be applied for-
  a.   the management and
  
  conservation of heritage sites;
  b.   compensating or
  
  rehabilitating any section of the people economically affected by notification
  
  under sub-section (1) of section 37;
  c.   conservation and
  
  promotion of biological resources;
  d.   socio-economic
  
  development of areas from where such biological resources or knowledge
  
  associated thereto has been accessed subject to any order made under section
  
  24, in consultation with the local bodies concerned;
  e.   meeting the expenses
  
  incurred for the purposes authorised by this Act.