Lawgist logo - L! Lawgist.
The Central Road and Infrastructure Fund Act

6Establishment of Central Road and Infrastructure Fund

6. Establishment of Central 1[Road and Infrastructure Fund].--(1) With effect from such date as the Central Government may, by notification in the Official Gazette, appoint in this behalf, there shall be established for the purposes of this Act, a Fund to be called as the Central 1[Road and Infrastructure Fund].

(2) The Fund shall be under the control of the Central Government and there shall be credited thereto--

(a) any sums of money paid under section 4 or section 5;

(b) unspent part of the cess, being already levied for the purposes of the development and maintenance of national highways;

(c) the sums, if any, realised by the Central Government in carrying out its functions or in the administration of this Act;

(d) any fund provided by the Central Government for the development and maintenance of State roads.

(3) The balance to the credit of the Fund shall not lapse at the end of the financial year.

Download our fully-offline, High speed android app.- Click here

1. Subs. by s. 206, ibid, for "Road Fund" (w.e.f. 1-4-2018).

Download the App Now!

Get our Android app for fast and offline Access.

Get it on Google Play
Lawgist is not a law firm and does not engage in the practice of law or provide legal advice or legal representation. All information, software, services, and comments provided on this site are for informational and self-help purposes only and are not intended to be a substitute for professional legal advice. Use of this site is subject to our Terms and Conditions, Disclaimer, and Privacy Policy.About Us Made in ♥ with India, Internet and Lots of Courtroom Dramas