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, 2002No. 18 OF 2003[5th February, 2003]An Act to provide for conservation of biological diversity, sustainable use of its components and fair and equitable sharing of the benefits arising out of the use of biological resources, knowledge and for matters connected therewith or incidental thereto.WHEREAS India is rich in biological diversity and associated traditional and contemporary knowledge system relating thereto.AND WHEREAS India is a party to the United Nations Convention on Biological Diversity signed at Rio de Janeiro on the 5th day of June, 1992;AND WHEREAS the said Convention came into force on the 29th December, 1993;AND WHEREAS the said Convention reaffirms the sovereign rights of the States over thei...