Page:Biological Diversity Act, 2002.djvu/1

 REGISTERED NO. DL-33004/2003

EXTRAORDINARY PART II—Section 1 PUBLISHED BY AUTHORITY No.20] NEW DELHI, WEDNESDAY, FEBRUARY 5,2003/ MAGHA 16, 1924

Separate paging is given to this Part in order that it may be filed as a separate compilation.

'''MINISTRY OF LAW AND JUSTICE (Legislative Department)'''

New Delhi, the 5th February, 2003/Magha 16, 1924 (Saka)

The following Act of Parliament received the assent of the President on the 5th February, 2003, and is hereby published for general information:—

The BIOLOGICAL DIVERSITY ACT, 2002

India is rich in biological diversity and associated traditional and contemporary knowledge system relating thereto; India is a party to the United Nations Convention on Biological Diversity signed at Rio de Janeiro on the 5th clay of June, 1992;

the said Convention came into force on the 29th December, 1993;

the said Convention reaffirms the sovereign rights of the States over their biological resources;

the said Convention has the main objective of conservation of biological diversity, sustainable use of its-components and fair and equitable sharing of the benefits arising out of utilisation of genetic resources;

it is considered necessary to provide for conservation, sustainable utilisation and equitable sharing of the benefits arising Out of utilisation of genetic resources and also to give effect to the said Convention.

it enacted by Parliament in the Fifty-third Year of the Republic of India as follows:—