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Union of India - Act

The Coinage of the Hundred Rupees and Five Rupees coined in honour of "Mahatma Basaveshwara" Rules, 2006

UNION OF INDIA
India

The Coinage of the Hundred Rupees and Five Rupees coined in honour of "Mahatma Basaveshwara" Rules, 2006

Rule THE-COINAGE-OF-THE-HUNDRED-RUPEES-AND-FIVE-RUPEES-COINED-IN-HONOUR-OF-MAHATMA-BASAVESHWARA-RULES-2006 of 2006

  • Published on 19 January 2006
  • Commenced on 19 January 2006
  • [This is the version of this document from 19 January 2006.]
  • [Note: The original publication document is not available and this content could not be verified.]
The Coinage of the Hundred Rupees and Five Rupees coined in honour of "Mahatma Basaveshwara" Rules, 2006Published vide Notification No. G.S.R. 22(E), 19th January, 2006Ministry of Finance(Department of Economic Affairs)G.S.R. 22(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 herby makes the following rules, namely:-

1. Short title and commencement.

(1)These rules may be called the Coinage of the Hundred Rupees and Five Rupees coined in honour of "Mahatma Basaveshwara" Rules, 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 in honour of "Mahatma Basaveshwara".

- The Standard weight of the coins of the following denominations, coined under the provisions of Section 6 of the Act, in honour of "Mahatma Basaveshwara" 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)
One Hundred Rupees 35 grams 1/500thplus or minus for Silver,that is to say, the Silver contents may vary from 498 to 502 per1000. 1/100thplus or minus, that is tosay, the weight could vary from 34.65 grams to 35.35 grams
Five Rupees 9 grams 1/100thplus or minus both for Copper andNickel, that is to say, Copper could vary from 74% to 76% andNickel from 24% to 26%. 1/40thplus or minus, that is tosay, the weight could vary from 8.7750 grams to 9.2250 grams.