Coinage of the Hundred Rupees and Two Rupees coined to commemorate the occasion of "Platinum Jubilee of Indian Air Force (1932-2007)" Rules, 2007

The Coinage of the Hundred Rupees and Two Rupees coined to commemorate the occasion of "Platinum Jubilee of Indian Air Force (1932-2007)" Rules, 2007

Published vide Notification No. G.S.R. 585(E), 11th September, 2007

Act2424

Ministry of Finance

(Department of Economic Affairs)

G.S.R. 585(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 Hundred Rupees and Two Rupees coined to commemorate the occasion of "Platinum Jubilee of Indian Air Force (1932-2007)" Rules, 2007.

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

  1. Standard Weight and Remedy allowed.- Standard weight and remedy allowed on coins of the certain denominations coined to commemorate the occasion of "Platinum Jubilee of Indian Air Force".

The standard weight of the coins of the following denominations, coined under the provisions of Section 6 of the Coinage Act, 1906 to commemorate on the occasion of "Platinum Jubilee of Indian Air Force" 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 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.
Two Rupees 5/6/2 Grams 1/100th plus or minus for Chromium, that is to say, Chromium could vary from 16% to 18% 1/25th plus or minus that is to say, the weight could vary from 5.39 grams to 6.24 grams.