The Compensatory Afforestation Fund Act, 2016. · V — FINANCE, ACCOUNTS, AUDIT AND ANNUAL REPORT

Section 21. Investment of funds by National Authority

In force · As amended up to 2026-08

21. Investment of funds by National Authority. — The National Authority may invest its funds, including any reserve fund, in the securities of the Central Government and in scheduled banks in such manner as may be prescribed: Provided that the grants received from the Central Government shall not be invested and shall be utilised for the purposes and in the manner attached to it.

Source: India Code