Section 7A

Apportionment of share of fund by Committee.

The Central Road and Infrastructure Fund Act, 2000

  • Act 54 of 2000
  • Ministry of Finance
  • Department of Investment and Public Asset Management
About this Act

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.

All sections
    1[7A. Apportionment of share of fund by Committee.--The share of the Fund to be apportioned to each of infrastructure projects shall be finalised by a Committee, constituted by the Central Government by notification published in the Official Gazette, headed by the Finance Minister, depending on the priorities of the project.]

Notes

1. Ins. by s. 206, ibid (w.e.f.1-4-2018).

Source: India Code (Legislative Department, Govt. of India). Check the official Gazette before relying on it in court. Not legal advice. Free legal aid: 15100 (NALSA) · Know your rights

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