(1) The Central Government may, by notification in the Official Gazette, make rules for carrying out the purposes of this Ordinance.
(2) In particular and without prejudice to the generality of the foregoing powers, such rules may provide for all or any of the following matters, namely:—
(a) specify the projects in respect of which the funds may be disbursed under section 7;
(b) the manner in which the accounts shall be maintained and the annual statement of accounts may be prepared including the profit and loss account and the balance sheet under sub-section (1) of section 8;
(c) the manner in which the schemes for development and maintenance of State roads of inter-State and economic importance are to be formulated and sanctioned under section 10;
(d) any other matter for which rule is to be made, or may be, prescribed.
13. Every rule made under this Ordinance shall be laid, as soon as may be after it is made, before each House of Parliament, while it is in session, for a total period of thirty days which may be comprised in one session or in two or more successive sessions, and if, before the expiry of the session immediately following the session or the successive sessions aforesaid, both Houses agree in making any modification in the rule or both Houses agree that the rule should not be made, the rule shall thereafter have effect only in such modified form or be of no effect, as the case may be; so, however, that any such modification or annulment shall be without prejudice to the validity of anything previously done under that rule.
14. 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 Ordinance and,—
(a) all schemes relating to development and maintenance of national highways and State roads sanctioned under the existing Fund in so far as such schemes are relatable to the schemes under this Ordinance, shall be deemed to be the schemes sanctioned under this Ordinance;
(b) all funds accrued under the existing Fund including assets and liabilities shall be transferred to the Fund established under this Ordinance.
Power to make rules.
Rules made under this Ordinance to be laid before Parliament.
Provisions relating to existing Central Road Fund.
6 THE GAZETTE OF INDIA EXTRAORDINARY [PART II—SEC. 1] THE SCHEDULE (See section 3) SI. No
(1) 1 2 Name of item
(2) Motor spirit commonly known as petrol High speed diesel oil Rate of duty
(3) Rupee one per litre Rupees one per litre K.R. NARAYANAN, President.
SUBHASH C. JAIN, Secy. to the Govt. of India.
PRINTED BY THE MANAGER, GOVERNMENT OF INDIA PRESS (PLU), MINTO ROAD, NEW DELHI AND PUBLISHED BY THE CONTROLLER OF PUBLICATIONS, DELHI, 2 0 0 0 .