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[Cites 0, Cited by 0] [Section 5] [Entire Act]

Union of India - Subsection

Section 5(b) in The Compensatory Afforestation Fund Act, 2016

(b)the balance ten per cent. of all monies collected by the States and Union territory Administrations, which has been placed under the ad hoc Authority and the interest accrued thereon, and all fresh accrual to the National Fund, as provided in sub-section (4) of section 3, and the interest accrued thereon, shall be utilised for meeting-—
(i)the non-recurring and recurring expenditure for the management of the National Authority including the salary and allowances payable to its officers and other employees;
(ii)the expenditure incurred on monitoring and evaluation of works executed by the National Authority and each State Authority;
(iii)the expenditure incurred on specific schemes approved by governing body of the National Authority.