Act Number: 54

Act Name: The Central Road and Infrastructure Fund Act, 2000

Year: 2000

Enactment Date: 2000-12-27

Long Title: 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.

Ministry: Ministry of Finance

Department: Department of Investment and Public Asset Management

Section 2: Definitions.
    In this Act, unless the context otherwise requires,--
         (a) "appointed day" means the date on which the Fund is established under sub-section (1) of section 6;
         (b) "cess" means a duty in the nature of duty of excise and customs, imposed and collected on motor spirit commonly known as petrol and high speed diesel oil for the purposes of this Act;
         (c) "Fund" means the Central 1 [Road and Infrastructure Fund] sub-section (1) of section 6;
         (d) "national highways" means the highways specified in the Schedule to the National Highways Act, 1956 (48 of 1956) or any other highway declared as national highway under sub-section (2) of section 2 of the said Act;
         (e) "National Highways Authority of India" means an authority constituted under sub-section (1) of section 3 of the National Highways Authority of India Act, 1988 (68 of 1988);
2*                             *                             *                             *                             *         ;
         (f) "prescribed" means prescribed by rules made under this Act.
Notes:
1. Subs. by s. 206, ibid., for "Road Fund" (w.e.f. 1-4-2018).
2. Clause (e) omitted by s. 206, ibid, (w.e.f. 1-4-2018).
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