Central Act

47

Section 47. National Disaster Mitigation Fund.

The Disaster Management Act, 2005

In forceAll India (Central Act)

47. National Disaster Mitigation Fund. (1) The Central Government may, by notification in the Official Gazette, constitute a Fund to be called the National Disaster Mitigation Fund 1[for meeting disaster mitigation needs] and there shall be credited thereto such amount which the Central Government may, after due appropriation made by Parliament by law in this behalf, provide. 2[(2) The Fund constituted under sub-section (1), shall be applied in accordance with the guidelines laid down by the Central Government in consultation with the National Authority.]