The Coinage (Standard Weight and Remedy of Commemorative Coins of the Rupees One Hundred (containing Silver 50%, Copper 40%, Nickel 5% and Zinc 5%), Rupees Fifty, rupees Ten and Rupees Two (containing Copper 75% and Nickel 25%) coined in the memory of "Dr. Syama Prasad Mookerjee", Rules, 2001
Published vide Notification No. G.S.R. 679(E), dated 20th September, 2001
Act2671
Ministry of Finance
(Department of Economic Affairs)
G.S.R. 679(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 :-
- Short title and commencement.- (1) These rules may be called the Coinage (Standard Weight and Remedy of Commemorative Coins of the Rupees One Hundred (containing Silver 50%, Copper 40%, Nickel 5% and Zinc 5%), Rupees Fifty, Rupees Ten and Rupees Two (containing Copper 75% and Nickel 25%) coined in the memory of "Dr. Syama Prasad Mookerjee", Rules, 2001.
(2) They shall come into force on the date of their publication in the Official Gazette.
- Definition.- In these rules, "Act" means the Coinage Act, 1906 (3 of 1906).
- Standard weight and remedy allowed on coins of certain denominations coined in the memory of "Dr. Syama Prasad Mookerjee". The Standard weight of the coins of the following denominations, coined under the provisions of Section 6 of the Act, in the memory of Dr. Syama Prasad Mookerjee and the remedy allowed in the 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) | |
100 Rupees | 35 Grams | 1/500th plus or minus for Silver that is to say, the Silver contents may vary from 498 to 502 per 1000. | 1/100th plus or minus, that is to say, the weight could vary from 34.65 grams to 35.35 grams. | |
50 Rupees | 30Grams | 1/100th plus or minus both for Copper and Nickel, that is to say, Copper could vary from 74% to 76% and Nickel from 24% to 26%. | 1/40th plus or minus, that is to say, the weight could vary from 29.250 grams to 30.750 grams. | |
10 Rupees | 12.5 Grams | 1/100th plus or minus both for Copper and Nickel, that is to say, Copper could vary from 74% to 76% and Nickel from 24% to 26%. | 1/40th plus or minus, that is to say, the weight could vary from 12.187 grams to 12.812 grams. | |
2 Rupees | 6 Grams | 1/100th plus or minus both for Copper and Nickel, that is to say, Copper could vary from 74% to 76% and Nickel from 24% to 26%. | 1/40th plus or minus, that is to say, the weight could vary from 5.850 grams to 6.150 grams. |