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      • 1. Short title and commencement.
      • 2. Definitions.-In this Act, unless the context otherwise requires,
      • 3. Power to establish and abolish Mints.
      • 4. Denominations, dimensions, designs and composition of coins.
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      • 6. Coin when a legal tender.
      • 7. Decimal system of coinage.
      • 8. Power to call in coin.
      • 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.
      • 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.
      • 17. Forfeiture.
      • 18. Probation of Offenders Act, 1958 not to apply to offences under this Act.
      • 19. Offences to be cognizable, bailable and non–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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Coinage (Issue of Commemorative Coin on the Occasion of 75 Years of Raising of National Cadet Corps) Rules, 2023

Published vide Notification No. G.S.R. 51(E), dated 25.01.2023

Last Updated 30ht January, 2023 [act6020]

G.S.R. 51(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: -

1. Short title and commencement. - (1) These rules may be called the Coinage (Issue of Commemorative Coin on the Occasion of 75 Years of Raising of National Cadet Corps) Rules, 2023.

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

2. Denomination of coin. - The coin of Seventy-five Rupees denomination shall only be coined at the Mint for issue under the authority of the Central Government on the occasion of "75 years of raising of National Cadet Corps".

3. Dimension and composition of coin. - The coin of the above denomination mentioned in rule 2 shall conform to the following dimensions and composition, namely: -

Denomination of coin

Shape and outside diameter

Number of serrations

Metal composition

(1)

(2)

(3)

(4)

Seventy-five Rupees

Circular 44 millimeter

200

Quaternary Alloy

Silver - 50 per cent.

Copper - 40 per cent.

Nickel - 05 per cent.

Zinc - 05 per cent.

4. Design. - The design of the coin shall be as specified in the First Schedule to these rules.

5. Standard weight and remedy allowed. - The standard weight of the coin of above denomination coined to commemorate the occasion of 75 years of raising of National Cadet Corps and the remedy allowed in making of such coin shall be as specified in the Second Schedule to these rules.

First Schedule

(See rule 4)

Seventy-Five Rupees

Obverse: - This 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 Devnagri script and on the right periphery with the word "India" in English. It shall also bear the Rupee symbol "L" and denominational value "75" in the international numerals below the Lion Capitol.

Reverse: - This face of coin shall bear the logo of National Cadet Corps in the centre of the coin. The inscription ^^ghjd t;arh** in Devnagari script and "Diamond Jubilee" in English shall be written above the image of the logo. The inscription ^^jk"V~h; dSMsV dksj** in Devnagari script shall be written on the upper periphery and the inscription "National Cadet Corps" in English is depicted on the lower periphery of the coin. The year "1948" and "2023" in international numerals shall be written besides the left and right side of the logo.

Second Schedule

(See rule 5)

Denomination of coin

Standard weight

Remedy allowed

In composition

In standard weight

(1)

(2)

(3)

(4)

Seventy-five 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 weight could be 34.65 grams to 35.35 grams.

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