# The Finance Act, 2016, Section 230: Amendment of Act 54 of 2000

- Act: The Finance Act, 2016
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/finance-act-2016/section/230/

## Text

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.

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