( 1) The State Biodiversity Fund shall be operated by the Member-Secretary of the Board or , by such any other officer of the Board as may be authorized by the Board in this behalf;
(2) The State Biodiversity Fund shall have two separate heads of account, one relating to the receipts (grants and loans) from the Central Government/National Biodiversity Authority and State Government, including receipts from such other sources as decided by the State Government and other relating to miscellaneous receipts of the Board;
(3) The State Government shall provide such fund to the Board as the State Government think necessary for affective implementation of the Act;
(4) The Board shall frame guidelines to ensure that decisions regarding the management and use of the Fund are transparent.