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BRONZE COIN (LEGAL TENDER) ACT

Ministry of Law and Justice

Act nº 22 of 1918


  • Act nº 22 of 1918

Preamble

THE BRONZE COIN LEGAL TENDER ACT 1918

[Act, No. 22 of 1918]

[26th September, 1918]

PREAMBLE

An Act to pro vide that certain bronze coins coined outside [Part A States and Part C States] shall be legal tender in1[Part A States and Part C States]

WHEREAS it is expedient to provide that certain bronze coins coined outside1[Part A States and Part C States] shall be legal tender in1[Part A States and Part C States]; It is hereby enacted as follows :-

1. Substituted the words "the Provinces by A. L. O. 1950.


Section 1. Short title

This Act may be called the Bronze Coin (Legal Tender) Act, 1918.

Section 2. Power to declare certain bronze coins coined outside Part A States and Part C States to be legal tender

(1) Where bronze coins of any of the denominations specified in section 8 of the Indian Coinage Act, 1906, are coined outside1[Part A States and Part BStates] at the request of the2[Central Government] and the2[Central Government] is satisfied that such coins are in accordance with the requirements of section 9 and of any notification for the time being in force under section 10 of the said Act3[it] may, by notification in the4[Official Gazette], direct the issue of any such coins, and thereafter any such coins shall be legal tender in payment or on account in the same way and to the same extent as if they were coins referred to in section 14 of the said Act, and the provisions of the said Act shall apply accordingly.

(2) Every coin which is declared to be legal tender by sub-section (1) shall be deemed to be5[Indian coin] within the meaning of section 230 of the Indian Penal Code.

6[Explanation. - In this Act, 'Part A States and Part C States', means India except the territories which, immediately before the 1st November, 1956, were comprised in Part BStates.]

1. Substituted for "the Provinces" by A. L. O., 1950.

2. Substituted by the A. O. 1937 for "G. G. in C"

3. Substituted by the A. O. 1937 for "he".

4. Substituted by the A. O. 1937 for "Gazette of India".

5. Substituted for "Queen's Coin" by A. L. O. 1950.

6. Added by 3 A. L. O., 1956.