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The Central Road and Infrastructure Fund Act, 2000

Central

An Act to give statutory status to the existing Central Road Fund governed by the Resolution of Parliament passed in 1988, for development and maintenance of national highways and improvement of safety at railway crossings, and for these purposes to levy and collect by way of cess, a duty of excise and duty of customs on motor spirit commonly known as petrol, high speed diesel oil and for other matters connected therewith.

Act number
54 of 2000
Ministry
Ministry of Finance
Department
Department of Economic Affairs
Enacted
27 Dec 2000

Source: IndiaCode Portal, Legislative Department, Ministry of Law and Justice, Government of India. Open on India Code Check against the official text before relying on it.

16 sections

  1. Section 1Short title, extent and commencement.
  2. Section 2Definitions.
  3. Section 3Levy and collection of cess.
  4. Section 4Crediting of cess to Consolidated Fund of India.
  5. Section 5Grants and loans by the Central Government.
  6. Section 6Establishment of Central Road and Infrastructure Fund.
  7. Section 7Utilisation of the Fund.
  8. Section 7AApportionment of share of fund by Committee.
  9. Section 8Accounts and audit.
  10. Section 9Powers of Central Government to administer the Fund.
  11. Section 10Functions of the Central Government.
  12. Section 11Administration of States' share of the Fund.
  13. Section 12Power to make rules.
  14. Section 13Rules made under this Act to be laid before Parliament.
  15. Section 14Provisions relating to existing Central Road and Infrastructure Fund.
  16. Section 15Repeal and saving.