Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 0, Cited by 0] [Entire Act]

Union of India - Section

Section 3 in The Coinage (Standard Weight and Remedy of Commemorative Coins) of One hundred rupees (Containing Silver 50%, Copper 40% Nickel 5% and Zinc 5%) Ten rupees (containing Copper 75% and Nickel 25%) and One rupee Ferritic Stainless Steel (containing Iron 82% and Chromium 18%) coined on the occasion of the celebration of the Birth Centenary of "Lok Nayak Jaya Prakash Narayan" Rules, 2002

3. Standard Weight and Remedy allowed on coins of certain denominations.

- The standard weight of the coins on the occasion of Birth Centenary of "Lok Nayak Jaya Prakash Narayan" to be issued in the denominations specified in column (1) of the Table below, coined under the provisions of section 6 of the Act, and the remedy allowed in making of such coins shall be as specified in corresponding entries in columns (2) and (3) respectively said :-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 content may vary from 498 to 502 per 1000 1/100thplus or minus, that is to say, the weight,could vary from 34.65 grams to 35.25 grams.
Ten Rupees 12.5 Grams 1/100thplus or minus for Copper and Nickel, thatis to say, Copper could vary from 74% to 76% and nickel from 24%to 26% 1/40thplus or minus that is to say, the weightcould vary from 12.187 grams to 12.812 grams.
One Rupees 4.85 Grams 1/200thplus or minus for Chromium that is to say,Chromium could vary from 17.5% to 18.5% 1/25thplus or minus, that is to say, the weightcould vary from 4.656 grams to 5.044 grams.