Forest Act · s 22N

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s 22NMoney to be paid into Fund

(1)

Once the Fund has been established, there shall be paid into the

Fund —

(a)

forest cess collected under section 22P;

(b)

any moneys, fee, donation or grant paid to the Government for carrying out a reforestation plan;

(c)

any moneys or grant that may be appropriated by the

Government for the purpose of the Fund; and

(d)

all moneys collected for the purpose of silvicultural works and other related operations.

(2)

All moneys paid into the Fund shall —

(a)

be deposited with any bank licensed under the Banking

Order, 2006 (S 45/2006) or the Islamic Banking Order, 2008

(S 96/2008);

(b)

be invested in accordance with the provisions of any written law relating to trustees.