Coinage of One Hundred Rupees and Five Rupees coined to commemorate the occasion of "Shahid Bhagat Singh Birth Centenery (1907-2007)" Rules, 2007

The Coinage of One Hundred Rupees and Five Rupees coined to commemorate the occasion of "Shahid Bhagat Singh Birth Centenery (1907-2007)" Rules, 2007

Published vide Notification No. G.S.R. 507(E), 20th July, 2007

Act2422

Ministry of Finance

(Department of Economic Affairs)

G.S.R. 507(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 One Hundred Rupees and Five Rupees coined to commemorate the occasion of "Shahid Bhagat Singh Birth Centenery (1907-2007)" Rules, 2007.

(2) They shall come into force on the date of their publication in the Official Gazette.

  1. Definition.- In these rules, "Act" means the Coinage Act, 1906 (3 of 1906).
  2. Standard weight and remedy allowed on coins of certain denomination coined to commemorate the occasion of "Shahid Bhagat Singh Birth Centenery (1907-2007)". 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 "Shahid Bhagat Singh Birth Centenery (1907-2007)" and the remedy allowed in the marking 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 1/500th plus or minus for Silver, that is to say the silver content 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.
Five Rupees 9 Grams 1/100th plus or minus both for Iron and Chromium that is to Iron could vary from 82% to 84% and Chromium from 16% to 18%. 1/25th plus or minus, that is to say, the weight could vary from 5.75 grams to 6.24 grams.