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38/2016 - The Compensatory Afforestation Fund Act, 2016. ▶

Act Number: 38

Act Name: The Compensatory Afforestation Fund Act, 2016.

Year: 2016

Enactment Date: 2016-08-03

Long Title: An Act to provide for the establishment of funds under the public accounts of India and the public accounts of each State and crediting thereto the monies received from the user agencies towards compensatory afforestation, additional compensatory afforestation, penal compensatory afforestation, net present value and all other amounts recovered from such agencies under the Forest (Conservation) Act, 1980, constitution of an authority at national level and at each of the State and Union territory Administration for administration of the funds and to utilise the monies so collected for undertaking artificial regeneration (plantations), assisted natural regeneration, protection of forests, forest related infrastructure development, Green India Programme, wildlife protection and other related activities and for matters connected therewith or incidental thereto.

Ministry: Ministry of Environment, Forest and Climate Change

Department:

Section Number	Title	Actions
1	Short title, extent and commencement.
2	Definitions.
3	Establishment of National Fund.
4	Establishment of State Fund.
5	Disbursement and utilisation of National Fund.
6	Disbursement and utilisation of State Fund.
7	Accounting procedure.
8	Constitution of National Authority.
9	Executive committee and monitoring group of National Authority.
10	Constitution of State Authority.
11	Steering committee and executive committee of State Authority.
12	Term of office and conditions of service of members.
13	Disqualifications.
14	Powers and functions of National Authority.
15	Powers and functions of executive committee of National Authority.
16	Functions of monitoring group.
17	Powers and functions of State Authority.
18	Powers and functions of steering committee of State Authority.
19	Functions and powers of executive committee of State Authority.
20	Budget of National Authority.
21	Investment of funds by National Authority.
22	Accounts and audit of National Authority.
23	Annual report of National Authority.
24	Annual report and audit report of National Authority to be laid before Parliament.
25	Budget of State Authority.
26	Investment of funds by State Authority.
27	Accounts and audit of State Authority.
28	Annual report of State Authority.
29	Annual report and audit report of State Authority to be laid before State Legislature.
30	Power to make rules.
31	Transfer of assets, liabilities, etc.
32	Validation.
33	Power of Central Government to issue directions.