Section 230 - Amendment of Act 54 of 2000. - Finance Act, 2016

PART VII AMENDMENT TO THE CENTRAL ROAD FUND ACT, 2000. Amendment of Act 54 of 2000. 230. In section 10 of the Central Road Fund Act, 2000, with effect from the 1st day of June, 2016,- (A) in sub-section (1), for clause (viii), the following clause shall be substituted, namely: (viii) allocation of (a) thirty-three and one-half per cent. of the cess on high speed diesel and petrol for the development of rural roads; (b) forty-one and one-half per cent. of the cess on high speed diesel and petrol for the development and maintenance of national highways; (c) fourteen per cent. of the cess on high speed diesel and petrol for railways safety works, including the construction of road either under or over the railways by means of a bridge and erection of safety works at unmanned rail-road crossings, new lines, conversion of existing standard lines into gauge lines and electrification of rail lines: Provided that no repair, maintenance or renovation work shall be carried out from the allocation of cess under this sub-clause; (d) ten per cent. of the cess on high speed diesel and petrol on development and maintenance of State roads of inter-State and economic importance to be so approved by the Central Government; and (f) one per cent. of the cess on high speed diesel and petrol on development and maintenance of road in border areas. ; (B) sub-section (2) shall be omitted.