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Union of India - Act

The Coinage of the Fifty Rupees and Five Rupees coined to commemorate the occasion of "Golden Jubilee Celebration of ONGC on the 14th August, 2006"

UNION OF INDIA
India

The Coinage of the Fifty Rupees and Five Rupees coined to commemorate the occasion of "Golden Jubilee Celebration of ONGC on the 14th August, 2006"

Rule THE-COINAGE-OF-THE-FIFTY-RUPEES-AND-FIVE-RUPEES-COINED-TO-COMMEMORATE-THE-OCCASION-OF-GOLDEN-JUBILEE-CELEBRATION-OF-ONGC-ON-THE-14TH-AUGUST-2006 of 2006

  • Published on 8 August 2006
  • Commenced on 8 August 2006
  • [This is the version of this document from 8 August 2006.]
  • [Note: The original publication document is not available and this content could not be verified.]
The Coinage of the Fifty Rupees and Five Rupees coined to commemorate the occasion of "Golden Jubilee Celebration of ONGC on the 14th August, 2006"Published vide Notification No. G.S.R. 465(E), 8th August, 2006Ministry of Finance(Department of Economic Affairs)G.S.R. 465(E). - In exercise of the powers conferred by sub-section (1) of section 21 read with section 7 of the Coinage Act, 1906 (3 of 1906), the Central Government hereby makes the following rules, namely :-

1. Short title and commencement.

(1)These rules may be called the Coinage of the Fifty Rupees and Five Rupees coined to commemorate the occasion of "Golden Jubilee Celebration of ONGC on the 14th August, 2006".
(2)They shall come into force on the date of their publication in the Official Gazette.

2. Definition.

- In these rules, "Act" means the Coinage Act, 1906 (3 of 1906).

3.

Standard Weight and Remedy allowed on coins of certain denominations coined to commemorate the occasion of "Golden Jubilee Celebration of ONGC on the 14th August, 2006":- The standard weight of the coins of the following denominations, coined under the provisions of section 6 of the Act, to commemorate the occasion of "Golden Jubilee Celebration of ONGC on the 14th August, 2006" and the remedy allowed in making of such coins shall be as specified in the Table below :-Table
Denomination Standard weight Remedy Allowed
In composition In standard weight
(1) (2) (3) (4)
Fifty Rupees 22.5 Grams 1/500thplus or minus for Silver, that is to say, the Silvercontents may vary from 498 to 502 per 1000. 1/40thplus or minus, that is to say, the weight could varyfrom 21.9375 grams to 23.0625 grams.
Five Rupees 9 Grams 1/100thplus or minus both for Copper and Nickel, that is to say, Copper could vary from 74% to 76%and Nickel from 24% to 26%. 1/40thplus or minus, that is to say, the weight could varyfrom 8.7750 grams to 9.2250 grams.