The COINAGE ACT, 2011

PRELIMINARY

Section 1 — Short title, extent and commencement.

(1) This Act may be called the Coinage Act, 2011.

(2) It extends to the whole of India.

(3) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint.

Browse all 28 sections
  1. 1.Short title, extent and commencement.
  2. 2.Definitions.
  3. 3.Power to establish and abolish Mints.
  4. 4.Denominations, dimensions, designs and composition of coins.
  5. 5.Standard weight and remedy.
  6. 6.Coin when a legal tender.
  7. 7.Decimal system of coinage.
  8. 8.Power to call in coin.
  9. 9.Power to certain persons to cut, diminished or defaced coins.
  10. 10.Power to certain persons to cut counterfeit coins.
  11. 11.Power of Mint to delegate its functions.
  12. 12.Prohibition of making or melting or destruction of coins.
  13. 13.Penalty for contravention of section 12.
  14. 14.Prohibition and penalty for unlawful making, issue or possession of pieces of metal to be used as money.
  15. 15.Prohibition and penalty for bringing metal piece for use as coin.
  16. 16.Offences by companies.
  17. 17.Forfeiture.
  18. 18.Probation of Offenders Act, 1958 not to apply to offences under this Act.
  19. 19.Offences to be cognizable, bailable and non-compoundable.
  20. 20.Amendment of Act 2 of 1934.
  21. 21.Offences may be tried summarily.
  22. 22.Protection of action taken in good faith.
  23. 23.Power to remove difficulties.
  24. 24.Power to make rules.
  25. 25.Rules to be laid before Parliament.
  26. 26.Saving of making other coins at Mints.
  27. 27.Repeal and savings.
  28. 28.Continuance of existing coins.