State Act

The Kerala Road Fund Act,2001

4. Powers and functions of the Board.—The Board shall have the following powers and functions, namely:— (a) to formulate the criteria on the basis of which transport facility projects are to be financed out of the Fund; (b) to take such measures as may be necessary to raise Funds for transport facility projects; (c) to raise funds by borrowing money necessary for the due discharge of its functions; and (d) to perform such other functions as may be prescribed.