The Compensatory Afforestation Fund Act, 2016
The Compensatory Afforestation Fund Act, 2016
The Compensatory Afforestation Fund Act, 2016, regulates the collection and management of money paid by "user agencies," such as private companies or government departments, when they divert forest land for non-forest purposes. This law applies to these agencies and establishes National and State authorities to oversee the funds. It matters because it ensures that these significant financial resources are transparently and effectively used for reforestation, forest protection, and wildlife conservation. By creating a permanent legal framework, the Act solves the problem of vast, unspent funds, ensuring environmental compensation leads to actual ecological restoration across modern India.
Chapter I PRELIMINARY →
Chapter II ESTABLISHMENT, MANAGEMENT AND UTILISATION OF NATIONAL COMPENSATORY AFFORESTATION FUND AND STATE COMPENSATORY AFFORESTATION FUNDS →
Chapter III CONSTITUTION OF NATIONAL AUTHORITY AND STATE AUTHORITIES →
Chapter IV POWERS AND FUNCTIONS OF NATIONAL AUTHORITY AND STATE AUTHORITIES →
- 14Powers and functions of National Authority
- 15Powers and functions of executive committee of National Authority
- 16Functions of monitoring group
- 17Powers and functions of State Authority
- 18Powers and functions of steering committee of State Authority
- 19Functions and powers of executive committee of State Authority
Chapter V FINANCE, ACCOUNTS, AUDIT AND ANNUAL REPORT →
- 20Budget of National Authority
- 21Investment of funds by National Authority
- 22Accounts and audit of National Authority
- 23Annual report of National Authority
- 24Annual report and audit report of National Authority to be laid before Parliament
- 25Budget of State Authority
- 26Investment of funds by State Authority
- 27Accounts and audit of State Authority
- 28Annual report of State Authority
- 29Annual report and audit report of State Authority to be laid before State Legislature
Chapter VI MISCELLANEOUS →
PDF: pending for this language.