Utilisation of proceeds of tax

The proceeds of the forest development tax levied and collected under this Act shall be credited to the Consolidated Fund of the State, and thereafter, after deducting from the proceeds not exceeding five per centum thereof towards the expenses of collection, the remaining amount shall, under appropriation duly made by law in this behalf, be placed at the disposal of the Forest Department of Government each year as additional budgetary resources to be expended for forest plantations, conservation, regeneration and development of forests.