Print Options

The moneys of the Fund shall be derived from-

(a) the proceeds of the timber export levy imposed under the Trees and Timber Decree, 1974 (NRCD 273) as amended by the Trees and Timber (Amendment) Act, 1994 (Act 493);

(b) grants and loans for encouraging investment in plantation forestry; [As amended by the Forest Plantation Development Fund (Amendment) Act, 2002 (Act 623), s.2(a).]

(c) grants provided by international environmental and other institutions to support forest plantation development projects for social and environmental benefits;

(d) moneys to support forest plantation development

(i) provided by Parliament from the Consolidated Fund; and

(ii) from any other source approved by the Minister for Finance. [As substituted by the Forest Plantation Development Fund (Amendment) Act, 2002 (Act 623), s.2(b).]