(1) The Board shall have the following powers, duties and functions, namely
(a) To administer and manage the road fund;
(b) To recommend collection of such fees and charges including toll fees for services and benefits in relation to the use of roads vested in or entrusted to it at such rates and in such manner, as may be prescribed;
(c) To formulate integrated annual programme for rehabilitation repair and maintenance of the road giving priority to core road network;
(d) To provide funds to the road agency for such rehabilitation, repair and maintenance of the roads;
(e) To formulate road safety and traffic management policies and strategies for the State of Mizoram;
(f) To co-ordinate road sector agencies where the implementation of Government road policy involves more than one agency;
(g) To develop and monitor key performance indicators for the core road network;
(h) To approve road programme proposals from road agency seeking funding from the Road Fund, subject to the agency prioritizing its programmes on a cost-benefit basis;
(i) To recommend improvement of arrangements fot collecting road user charges to minimize avoidance and evasion;
(j) To recommend to the Government from time to time, appropriate levels of road user charges, fines, penalties, levies or any other sums to be collected under this Act and paid into the Fund;
(k) To undertake any other activities entrusted by the Government in furtherance of the objectives for which the Road Fund Act is established.
(2) The Board may form an Executive Committee to perform such functions as may be determined by the Board, and, unless the Board decides otherwise, the Executive Committee shall
(a) have a majority of members with experience in road financing or management;
(b) carry out the following functions
(i) the seeking of proposals from road agencies;
(ii) the receipt and review of submissions from road agencies;
(iii) recommending to the Board of the programme for rehabilitation and maintenance of roads and variation to that programme;
(iv) advice to road agencies of the programme and variations approved by the Board;
(v) the monitoring of the delivery of the Board approved programmes by the road agencies;
(vi) the provision of annual and periodic reports as required by the Board.
CHAPTER-3
THE ROAD FUND