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Bronze Coin Legal Tender Act 1918 Section 2 - Bare Act

StateCentral Government
Year
Section TitlePower to Declare Certain Bronze Coins Coined Outside Part a States and Part C States to Be Legal Tender
Act Info:

(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 B States] 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 B States.]

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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.




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