Coinage Act : POWER TO MAKE RULES Indian Bare Acts :

Coinage Act,1906

Act No : 3

Section : POWER TO MAKE RULES

SECTION 21: POWER TO MAKE RULES

(1) [The Central Government may, by notification in the Official Gazette, make rules]33to carry out the purposes and objects of this Act..

(2) In particular and without prejudice to the generality of the foregoing power, such rules may-34[ * * *]

(b) provide for the guidance of persons authorised to cut or break coin under sections 16-and20-; (c) determine the percentage of diminution in weight below standard weight not being less35[than two percent, in the case of silver coins or five percent, in the case of pure nickel], which shall be the limit of reasonable wear;

(d) prescribe the further percentage referred to in clause (a) of section 17-, and the rates at which payments shall be made in the case of coins falling under the same clause36[* * *]
36[ * * *]

37[ (3) Every rule made under this section shall be laid, as soon as may be after it is made, before each House of Parliament, while it is in Session for a total period of thirty days which may be comprised in one Session or in two or more Successive Sessions, and if, before the expiry of the Session immediately following the Session or the Successive Sessions aforesaid, both Houses agree in making any modification in the rule or both Houses agree that the rule should not be made, the rule shall thereafter have effect only in such modified form or be of no effect as the case may be;

so, however, that any such modification or annulment shall be without prejudice to the validity of anything previously done under that rule.]