14. Provisions relating to existing Central 1[Road and Infrastructure Fund].--With effect from the appointed day the Central Road Fund governed by the Parliamentary Resolution dated the 13th May, 1988 (hereafter referred to in this section as the existing Fund) shall be deemed to be the Fund established under this Act and,--
(a) all schemes relating to development and maintenance of national 2[highways, State roads and other infrastructure] sanctioned under the existing Fund in so far as such schemes are relatable to the schemes under this Act, shall be deemed to be the schemes sanctioned under this Act;
(b) all funds accrued under the existing Fund including assets and liabilities shall be transferred to the Fund established under this Act.
(a) all schemes relating to development and maintenance of national 2[highways, State roads and other infrastructure] sanctioned under the existing Fund in so far as such schemes are relatable to the schemes under this Act, shall be deemed to be the schemes sanctioned under this Act;
(b) all funds accrued under the existing Fund including assets and liabilities shall be transferred to the Fund established under this Act.
Source footnotes
1. Subs. by Act 13 of 2018, s. 206, for "road Fund" (w.e.f. 1-4-2018).2. Subs. by s. 206, ibid, for "highways and State roads" (w.e.f. 1-4-2018).
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Section 1 · Short title, extent and commencement.Section 2 · Definitions.Section 3 · Levy and collection of cess.Section 4 · Crediting of cess to Consolidated Fund of India.Section 5 · Grants and loans by the Central Government.Section 6 · Establishment of Central Road and Infrastructure Fund.Section 7 · Utilisation of the Fund.Section 7A · Apportionment of share of fund by Committee.India Code, Government of India. Text fetched 18 Oct 2026. Source metadata reports last modification: 2019-11-29. Check the linked official text and subsequent notifications when applying a provision.