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 :-
- 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.
- Definition.- In these rules, "Act" means the Coinage Act, 1906 (3 of 1906).
- 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. |