The Biological Diversity Act, 2002
43. Constitution of Local Biodiversity Fund.-
1. There shall be constituted a Fund to be called the Local Biodiversity Fund at every area notified by the State Government where any institution of self-government is functioning and there shall be credited thereto-
a. any grants and loans made under section 42;
b. any grants or loans made by the National Biodiversity Authority;
c. any grants or loans made by the State Biodiversity Boards;
d. fees referred to in sub-section (3) of section 41 received by the Biodiversity Management Committees;
e. all sums received by the Local Biodiversity Fund from such other sources as may be decided upon by the State Government.