law: The Central Road Fund Act, 2000
  14. Provisions
  
  relating to existing Central road Fund.-
  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 Act 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 Act, shall be deemed to be the schemes
  
  sanctioned under this Act;
  b.  
  
    all
  
  funds accrued under the existing Fund including assets and liabilities shall be
  
  transferred to the Fund established under this Act.