All fines collected under the penal provisions of this act and all civil penalties collected under this act shall be paid into the Treasury of the Commonwealth in a special fund known as the Dams and Encroachments Fund, which shall be administered by the department for use in protecting the citizens of the Commonwealth from the hazards to life, property, and the environment resulting from unsafe dams, water obstructions and encroachments. Disbursements from the fund shall be in accordance with rules and regulations prescribed by the Environmental Quality Board.
32 P.S. § 693.26