Section 46: National Parks and Conservation Fund

46. National Parks and Conservation Fund (1) There shall be for the purposes of this Act a National Parks and Conservation Fund. (2) There shall be paid into the Fund— (a) such sums as may be appropriated by the National Assembly for the purposes of this Act; (b) any grant or donation made to the Fund; (c) the proceeds from the sale of any produce of reserved land except timber; (d) any licence, permit, certificate, authorisation or other fee paid under this Act; (e) any money that is payable under this Act, including all fees, rent and other charges arising from the authorised use of reserved land; and N30A – 25 [Issue 8] Native Terrestrial Biodiversity and National Parks Act (f) the levies payable by monkey export companies for the export of live monkeys’ parts and derivatives of monkeys. (3) The Fund shall be administered by a Committee consisting of— (a) the supervising officer of the Ministry, as Chairperson; (b) the Director; (c) the Conservator of Forests; and (d) 2 other persons appointed by the Minister. (4) (a) The assets of the Fund shall be applied only to the payment of any expenses which may be incurred by the Director in performing his functions and in activities entrusted to his management. (b) No disbursement shall be made from the Fund except— (i) for the purposes of this Act; and (ii) with the authorisation of the Committee. (5) The Committee shall, not later than 3 months after the end of each financial year, prepare and submit to the Director of Audit— (a) an annual statement of the receipts and payments of the Fund for that financial year; and (b) a balance sheet as at the end of that financial year showing the assets and liabilities of the Fund. (6) The Committee shall, not later than 6 months after the end of each financial year, furnish to the Minister— (a) a report dealing with the activities and financial position of the Fund during that financial year; and (b) a copy of the audited accounts of the Fund for that financial year, together with the auditor’s report on those activities. PART XII – MISCELLANEOUS