(1) There shall be constituted in the manner prescribed a fund called the 1Telangana Industrial Plantation Fund.
(2) From out of the selling price payable by the allotees of forest produce under section 4, such sum or sums as may be prescribed in this behalf shall, first be credited to the Consolidated Fund of the State, and thereafter under appropriation duly made by law in this behalf, form part of, and be transferred to the 1Telangana Industrial Plantation Fund.
(3) Any sum or sums transferred to the said Fund under sub-section (2) shall be charged upon the consolidated Fund of the State.
(4) The sums at the credit of the said Fund shall not be expended for any purposes not connected with the raising of industrial plantations or afforestation or purposes incidental thereto.
(2) From out of the selling price payable by the allotees of forest produce under section 4, such sum or sums as may be prescribed in this behalf shall, first be credited to the Consolidated Fund of the State, and thereafter under appropriation duly made by law in this behalf, form part of, and be transferred to the 1Telangana Industrial Plantation Fund.
(3) Any sum or sums transferred to the said Fund under sub-section (2) shall be charged upon the consolidated Fund of the State.
(4) The sums at the credit of the said Fund shall not be expended for any purposes not connected with the raising of industrial plantations or afforestation or purposes incidental thereto.
Source footnotes
1. Substituted by G.O.Ms.No.36, E.F.S&T (Forest.I) Department, dated 01.06.2016.आगे पढ़ें / Continue reading
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More sections of this act
Section 1 · Short title, extent and commencement.Section 2 · Definitions.Section 3 · Supply of forest produce under agreement, etc.Section 4 · Fixation of selling price.Section 5 · Termination of leases and contracts.Section 6 · Recovery of amount due under the Act.Section 7 · Saving in respect of acts done in good faith.Section 8 · Act to override other laws.India Code, Government of India. Text fetched 15 Oct 2026. Check the linked official text and subsequent notifications when applying a provision.