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Coinage Act, 2011
[No. 11 of 2011]
[1st September, 2011]
Contents
Sections
Particulars
Preamble
Chapter I
Preliminary
1
Short title and commencement
2
Definitions
Chapter II
Establishment of Mints
3
Power to establish and abolish Mints
Chapter III
Coinage
4
Denominations, dimensions, designs and composition of coins
5
Standard weight and remedy
6
Coin when a legal tender
7
Decimal system of coinage
8
Power to call in coin
Chapter IV
Diminished, Defaced and Counterfeit Coins
9
Power to certain persons to cut diminished or defaced coins
10
Power to certain persons to cut counterfeit coins
11
Power of Mint to delegate its functions
Chapter V
Offences and Penalties
12
Prohibition of making or melting or destruction of coins
13
Penalty for contravention of section 12
14
Prohibition and penalty for unlawful making, issue or possession of pieces of metal to be used as money
15
Prohibition and penalty for bringing metal piece for use as coin
16
Offences by companies
Chapter VI
Miscellaneous
17
Forfeiture
18
Probation of Offenders Act, 1958 not to apply to offences under this Act
19
Offences to be cognizable, bailable and no compoundable
20
Amendment of Act 2 of 1934
21
Offences may be tried summarily
22
Protection of action taken in good faith
23
Power to remove difficulties
24
Power to make rules
25
Rules to be laid before Parliament
26
Saving of making other coins at Mints
27
Repeal and savings
28
Continuance of existing coins
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