The Coinage of the Hundred Rupees and Five Rupees coined to commemorate the occasion of "150 Years - The First War of Independence" Rules, 2007

Published vide Notification No. G.S.R. 508(E), 24th July, 2007

Act2423

Ministry of Finance

(Department of Economic Affairs)

G.S.R. 508(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.- (i) These rules may be called the Coinage of the Hundred Rupees and Five Rupees coined to commemorate the occasion of "150 Years - The First War of Independence" Rules, 2007.

(ii) 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.- The Standard weight of the coins of the Hundred Rupees and Five Rupees denominations, coined under the provisions of Section 6 of the Act, to commemorate the occasion of "150 Years - The First War of Independence" 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)
One Hundred Rupees	35 Grams	1/500^th plus or minus for Silver, that is to say the silver content may vary from 498 to 502 per 1000.	1/100^th plus or minus i.e. is to say, that the weight, could vary from 34.65 grams to 35.35 grams.
Five Rupees	9 Grams	1/100^th 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%	1/40^th plus or minus, that is to say, the weight could vary from 8.7750 grams to 9.2250 grams.