Section List

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