Coinage of the Fifty Paise, One Rupee and Two Rupees Rules, 2011

The Coinage of the Fifty Paise, One Rupee and Two Rupees Rules, 2011

Published vide Notification New Delhi, the 10th May, 2011

Act2278

Ministry of Finance

(Department of Economic Affairs)

G.S.R. 374(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 the Fifty Paise, One Rupee and Two Rupees Rules, 2011.

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

2. Standard weight and remedy allowed.- The Standard weight of the coins of Fifty Paisa, One Rupee & Two Rupees denominations, coined under the provision of Section 6 of the Coinage Act, 1906, and the remedy allowed in making of such coins shall be as specified in the Table below :-

Table

Denomination	Standard Weight	Remedy allowed in Composition	Remedy allowed in Standard Weight
1	2	3	4
Fifty Paise	2.83 Grams	1/100th plus or minus for Chromium, that is to say, Chromium could vary between 16% and 18%	1/25th plus or minus, that is to say, the weight could vary from 2.94 grams to 3.64 grams.
One Rupee	3.79 Grams	1/100th plus or minus for Chromium, that is to say, Chromium could vary between 16% and 18%	1/25th plus or minus, that is to say, the weight could vary from 3.94 grams to 3.64 grams.
Two Rupee	4.85 Grams	1/100th plus or minus for Chromium, that is to say, Chromium could vary between 16% and 18%	1/25th plus or minus, that is to say, the weight could vary from 5.04 grams to 4.65 grams.