Published vide Notification No. G.S.R. 798(E), dated 19th October, 2015

act2835

Ministry of Finance

(Department of Economic Affairs)

G.S.R. 798(E). - In exercise of the powers conferred by clauses (d) and (e) of sub-section (2) of section 24 of the Coinage Act, 2011 (11 of 2011), the Central Government hereby makes the following rules, namely:-

Short title and commencement.- (1) These rules may be called the Coinage of Five Hundred Rupees and Ten Rupees coins to commemorate the occasion of 3rd India-Africa Forum SummitRules, 2015.

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

Denomination of coins.- The coins of the following denominations shall also be coined at the Mint for issue under the authority of the Central Government on the occasion of 3rd India-Africa Forum Summit, namely:-

(i) Five Hundred Rupees;

(ii) Ten Rupees.

Dimension and composition of coins.- The coins of the denominations mentioned in rule 2 shall conform to the following dimensions and composition, namely:-

Denomination of the coin	Shape and outside diameter	Number of serrations	Metal composition
(1)	(2)	(3)	(4)
			Quaternary Alloy
			Silver - 50 per cent.
Five Hundred Rupees	Circular 44 millimeter	200	Copper - 40 per cent.
			Nickel - 05 per cent.
			Zinc - 05 per cent.
			Outer ring
			(Aluminium Bronze)
			Copper - 92 per cent.
Ten	Circular		Aluminum - 06 per cent.
Rupees	27 millimeter	---	Nickel - 02 per cent.
	(Bi- metallic)	---	Center piece
			(Cupro Nickel)
			Copper – 75 per cent.
			Nickel – 25 per cent.

Design.- The design of the coins shall be as under:-

(i) Five Hundred Rupees

Obverse:

The face of the coin shall bear the Lion Capitol of Ashoka Pillar in the centre with the legend inscribed lR;eso t;rs below, flanked on the left periphery with the word Hkkjr in Devanagari script and on the right periphery flanked with the word "India" in English, and it shall also bear the Rupee symbol "`" and denominational value "500" in international numerals below the Lion Capitol.

Reverse:

The face of coin shall bear the face of Lion in the centre and overlapping outline maps of India and South Africa over the face, with inscription "rhljk Hkkjr&vQzhdk eap f'k[kj lEesyu" Devanagari script on upper periphery. The lower periphery shall bear the inscription "3rd India - Africa Forum Summit" in English. The year's figure "2015" shall be written below the portrait in international numerals.

(ii) Ten Rupees

Obverse:

The face of the coin shall bear the Lion Capitol of Ashoka Pillar in the centre with the legend lR;eso t;rs inscribed below, flanked on the left periphery with the word Hkkjr in Devanagari script and on the right periphery flanked with the word "INDIA" in English, and it shall also bear the Rupee symbol "`" and denominational value "10" in international numerals below the Lion Capitol.

Reverse:

The face of coin shall bear the face of Lion in the centre and overlapping outline maps of India and South Africa over the face, with inscription "rhljk Hkkjr&vQzhdk eap f'k[kj lEesyu" in Devanagari script on upper periphery. The lower periphery shall bear the inscription "3rd India - Africa Forum Summit" in English. The year's figure "2015" shall be written below the portrait in international numerals.

Standard weight and remedy allowed.- The Standard weight of the coins of the following denominations coined to commemorate the occasion of "3rd India-Africa Forum Summit"and the remedy allowed in making of such coins shall be as specified in the Table below:-

Table

Denomination of coin	Standard weight	Remedy allowed
		In composition	In standard weight
(1)	(2)	(3)	(4)
Five 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 that is to say, weight could vary from 34.65 grams to 35.35 grams.
Ten Rupees (Bi-Metallic)	7.71 Grams (Outer ring 4.45 Grams and centre piece 3.26 grams)	Outer ring (Aluminium Bronze) Aluminium – 5.5 percent to 6 percent, Nickel – 1.75 percent to 2 percent and remainder are Copper. Centre piece(Cupro - Nickel) Plus or Minus 1 percent for both copper and nickel, that is to say, the copper may vary from 74 percent to 76 percent and nickel may vary from 24 percent to 26 percent.	Plus or minus 2.5 percent that is to say, weight could vary from 7.52 grams to 7.90 grams.

Coinage of Five Hundred Rupees and Ten Rupees coins to commemorate the occasion of 3rd India-Africa Forum Summit Rules, 2015