Establishment of fund

(1) There shall be established for the purposes of this Act a fund to be called the Sikkim Transport Infrastructure Development Fund (2) The fund shall be under the control of the State Government and there shall be credited to the following:- (a) any sum of money credited under section 6; (b) any sum of money credited under section 7; (c) any sum realized by the State Government in carrying out its functions under this Act or in the administration of this Act: (d) any fund provided by the Central Government for the creation, development, maintenance or improvement of transport infrastructure; (3) The balance to the credit of the fund shall not lapse at the end of the financial year. ln the said Act, in the First Schedute, fo.lhe existing rales of cess as speciiied in column (3), the fo owing shall be substituted, Famelyt- " Bupe6s three per litre.", "Bupees two and fifty palsa per Iitre."