State Act

2

Section 2. Definitions.

The Kerala Road Fund Act,2001

Act no. 10 of 20012001In forceKerala (State Act)

2. Definitions.—In this Act, unless the context otherwise requires,— (a) “Board” means the Kerala Road Fund Board constituted under section 3; (b) “bridge” means a bridge with permanent structure, including approach and exit roads, guide bunds and protective works thereto or a bridge with temporary structure or ferry services, as the case may be, and includes a bridge across railway lines, roads or waterways, underpass or overbridge; (c) “collecting agent” means any person entrusted with management and collection of user fee by any concessionaire, his agent, servant or sub contractors entitled to collect user fees; (d)“concession agreement” means a tripartite agreement among the concessionaire, the Board and a Government agency or a statutory body specifically authorised by Government for the purpose whereby the concessionaire undertakes to finance, construct, maintain or operate a transport facility in accordance with the provisions of this Act; (e) “concessionaire” means a party with which a concession agreement is entered into by the Board and a Government agency or a statutory body specifically authorised by Government for the purpose; (f)“construction” includes new construction, reconstruction, rehabilitation, repair and maintenance; (g) “development cost” means initial cost incurred on the development of any transport facility project before it is offered to a person for implementation and includes cost incurred on data collection, pre-feasibility studies or feasibility studies; (h) “escrow account” means a bank account in which cash is to be deposited or from which cash is to be withdrawn in the manner as may be specified in the concession agreement; (i)“executive committee” means the executive committee of the Board; (j) “Fund” means the Kerala Road Fund established under section 6; (k) “Government ” means the Government of the State of Kerala; (l) “Government agency” means a corporation owned or controlled by the Government or a company established by the Government for the purpose of construction or maintenance of roads or bridges, or a highway authority; (m) “highway authority” means the highway authority appointed under section 4 of the Kerala Highway Protection Act, 1999 (6 of 2000); (n) “Member Secretary” means the Member Secretary of the Board; (o)“motor vehicle” means any mechanically propelled vehicle adapted for use upon roads, whether the power of propulsion is transmitted thereto from any external or internal source and includes a chassis to which the body has not been attached and a trailer; (p) “owner” includes, where the person in possession of a vehicle is a minor, the guardian of such minor and in relation to a vehicle which is the subject of a hire purchase agreement, the person in possession of the vehicle under that agreement; (q)“person” includes a body corporate, a company, a firm or an association of individuals whether incorporated or not; (r) “prescribed’ means prescribed by rules made under this Act; (s) “project management agency” means the Roads and Bridges Development Corporation of Kerala Ltd., established by the Government under the Companies Act, 1956 [Central Act 1 of 1956]; (t) “regulations” means regulations made by the Board under this Act; (u) “road” means any road, way or land declared as a highway under section 3 of the Kerala Highway Protection Act, 1999 (6 of 2000), and includes any land acquired or demarcated for construction of a road; (v) “rules” means rules made by the Government under this Act; (w) “section of road or bridge” means a continuous length of road and or bridge as notified by the Government in the Gazette on which user fee shall be charged; (x) “senior loan” means a loan in respect of which a claim on assets is prior to the claim on the assets in respect of other loan and which is specified as such in an agreement for providing finance; (y)“State” means the State of Kerala; (z) “subordinate loan” means a loan in respect of which a claim on assets is subsequent to the claim on the assets in respect of another loan and which is specified as such in an agreement for providing finance; (aa) “subsidy” means financial assistance in cash or kind provided by the Fund; (ab) “transport facility” means, depending upon the case, a bridge or a tunnel including approach and exit roads thereto or a road or any section of bridge or tunnel or road or a specified combination of all or some of them; (ac) “using the transport facility” means, depending upon the case, passing over a bridge or through a tunnel including approach and exit roads thereto or passing through a road or any section of bridge or tunnel or road of a specified combination of all or some of them; (ad) “user fee” means the user fee collected in accordance with the provisions of this Act.