Bronze Coin (Legal Tender) Act : POWER TO DECLARE CERTAIN BRONZE COINS COINED OUTSIDE PART A STATES AND PART

Bronze Coin (Legal Tender) Act,1918

Act No : 22

Section : POWER TO DECLARE CERTAIN BRONZE COINS COINED OUTSIDE PART A STATES AND PART C STATES TO BE LEGAL TENDER

SECTION 02: 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 outside3[Part A States and Part B States] at the request of the4[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 Act5[it] may, by notification in the [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 lender by sub-section (1) shall be deemed to be7 [Indian coin] within the meaning of section 230 of the Indian Penal Code-.