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Union of India - Act

Coinage (Issue of Commemorative Coins on the Occasion of "University of Mysore Centenary Celebrations") Rules, 2016

UNION OF INDIA
India

Coinage (Issue of Commemorative Coins on the Occasion of "University of Mysore Centenary Celebrations") Rules, 2016

Rule COINAGE-ISSUE-OF-COMMEMORATIVE-COINS-ON-THE-OCCASION-OF-UNIVERSITY-OF-MYSORE-CENTENARY-CELEBRATIONS-RULES-2016 of 2016

  • Published on 24 August 2016
  • Commenced on 24 August 2016
  • [This is the version of this document from 24 August 2016.]
  • [Note: The original publication document is not available and this content could not be verified.]
Coinage (Issue of Commemorative Coins on the Occasion of "University of Mysore Centenary Celebrations") Rules, 2016Published vide Notification No. G.S.R. 825(E), 24th August, 2016Ministry of Finance(Department of Economic Affairs)G.S.R. 825(E). - In exercise of the powers conferred by section 24 of the Coinage Act, 2011 (11 of 2011), the Central Government hereby makes the following rules, namely:-

1. Short title and commencement.

(1)These rules may be called the Coinage (Issue of Commemorative Coins on the Occasion of "University of Mysore Centenary Celebrations") Rules, 2016.
(2)They shall come into force on the date of their publication in the Official Gazette.

2. Denomination of coins.

- The coins of the following denominations shall also be coined at the Mint for issue under the authority of the Central Government to commemorate the occasion of "University of Mysore Centenary Celebrations", namely:-
(i)One Hundred Rupees; and
(ii)Five Rupees

3. Dimension and composition of coins.

- The coins of the denominations mentioned in rule 2 shall conform to the following dimensions and composition, namely:-
Denomination of coin Shape and outside diameter Number of serrations Metal composition
(1) (2) (3) (4)
One Hundred Rupees Circular 44 millimeters 200 Quaternary AlloySilver - 50 per centCopper-40 per centNickel - 05 per centZinc - 05 per cent
Five Rupees Circular 23 millimeters 100 Nickel BrassCopper -75 per centZinc - 20per centNickel - 05 per cent

4. Design.

- The design of the coins shall be as specified in the First Schedule to these rules.

5. Standard weight and remedy allowed.

- Standard weight of the coins of the following denominations, and the remedy allowed in making of such coins shall be as specified in the Second Schedule to these rules.The First Schedule(See rule 4)
(i)One Hundred Rupees
Obverse:The face of the coin shall bear the Lion Capitol of Ashoka Pillar in the centre with the legend "lR;eso t;rs" inscribed below, flanked on the left periphery with the word "Hkkjr" in Devanagari script and on the right periphery with the word "INDIA" in English, and it shall also bear the Rupee symbol "L" and denominational value "100" in international numerals below the Lion Capitol.Reverse:This face of the coin shall bear the image of "Crawford Hall building" along with portrait of "Maharaja Krishnaraja Wodeyar IV" in the centre, with inscription "eSlwj fo'ofo|ky; 'krkCnh lekjksg" in Devanagari script and "UNIVERSITY OF MYSORE CENTENARY CELEBERATIONS" in English shall be written on the upper and lower periphery respectively. The year "1916" and "2016" in international numerals shall be written at left and right side, below the image of Crawford Hall building respectively.
(Ii)Five Rupees
Obverse:The face of the coin shall bear the Lion Capitol of Ashoka Pillar in the centre with the legend "lR;eso t;rs" inscribed below, flanked on the left periphery with the word "Hkkjr" in Devanagri script and on the right periphery with the word "INDIA" in English, and it shall also bear the Rupee symbol "L" and denominational value "5" in international numerals below the Lion Capitol.Reverse:This face of the coin shall bear the image of "Crawford Hall building" along with portrait of "Maharaja Krishnaraja Wodeyar IV" in the centre, with inscription "eSlwj fo'ofo|ky; 'krkCnh lekjksg" in Devanagari script and "UNIVERSITY OF MYSORE CENTENARY CELEBERATIONS" in English shall be written on the upper and lower periphery of the coin respectively. The year "1916" and "2016" in international numerals shall be written at left and right side, below the image of Crawford Hall building respectively.The Second Schedule(See rule 5)
Denomination of coin 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 content 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 6 Grams 1/100thplus or minus for Copper andZinc, that is to say Copper could vary from 74 per cent to 76 percent and Zinc from 19 per cent to 21 per cent and 1/200thplus or minus for Nickel that is to say Nickel could vary from4.5 per cent to 5.5 per cent. 1/40thplus or minus, that is to say,the weight could vary from 5.85 grams to 6.15 grams.