"The Ad-hoc CAMPA is permitted to release annual amount equal to 10% of the principal amount lying to the credit of each state/union territory, out of the interest receivable by it with effect from financial year 2014-2015 onwards," a special forest bench headed by justice A K Patnaik said.
However, the apex court made it clear that the release of the funds shall be subject to the guidelines already laid down by its Central Empowered Committee and "no money out of the amounts available with Ad-hoc CAMPA will be transferred or utilized without the leave of this Court."
The apex court passed the directions after considering the January 6, 2014 report of the CEC which recommended that the prayer made in the applications by the state governments ought to be accepted.
It also said guidelines laid by the CEC on utilization of funds will be strictly followed by the state CAMPA and the same shall be treated as directions of this Court.
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