Currency - Law Dictionary Search Results
Home Dictionary Name: currencyCurrency and Bank Notes Acts, 1914 and 1928 (English)
Currency and Bank Notes Acts, 1914 and 1928 (English). The 1914 Act and the Amendment Act, 1914 (4 & 5 Geo. 5 Contract Act, 1872 -. 14, 72), wee passed on the outbreak of the war with Germany, to authorize the issue of currency notes, and to make provision with respect to the note issue of banks. Under these Acts the Tresury issued currency notes for 1l., and 10s. repsectively, thenotes beinglegal tender for a payment of any amount. The 1928 Act (18 & 19 Geo. 5, c. 13), repealed the 1914 Acts (except sub-s. (5) of s. 1 and s. 5 of c. 14, enacting that currency notes are to be deemed banknotes, valuable securities and current coin for certain special purposes such as the Forgery (English) Act, 191, the Larceny Act, 1861, and other offences and the (English) Truck Acts. The 1928 Act transferred the currency note issue to the Bank of England and enated that currency notes should be deemed to be banknotes in all enactments relatingto banknotes. The (English) Gold Standard Act, 1925 (15 & 1...
Foreign currency account
Foreign currency account, means the account held or maintained in currency other than the currency of India or Nepal or Bhutan. [Foreign Exchange Management (Foreign Currency Accounts by a Person Resident in India) Regulations, 2000, Reg. 2 (iii)]...
Foreign currency
Foreign currency, means any currency other than Indian currency. [Foreign Exchange Management Act, 1999 (42 of 1999), s. 2 (m)]...
Foreign Currency Convertible Bond
Foreign Currency Convertible Bond, (FCCB) means a bond issued by an Indian company expressed in foreign currency, and the principal and interest in respect of which is payable in foreign currency. [Foreign Exchange Management (Transfer or Issue of Any Foreign Security) Regulations, 2000, Reg. 2(g)]...
Indian currency
Indian currency, 'Indian currency' means currency which is expressed or drawn in Indian rupees but does not include special bank notes and special one rupee notes issued under s. 28A of the Reserve Bank of India Act, 1934. [Foreign Exchange Man-agement Act, 1999 (42 of 1999), s. 2(9)]...
Currency
Currency, coin; bank notes, or other paper money issued by authority, and which re continully passing as and for coin. See the (English) Coinage Act, 1870 (33 & 34 Vict. c. 18), repealing 56 Geo. 3, c. 68, and other enactments; and COIN and TENDER.It includes all currency notes, postal notes, postal orders, money orders, cheques, drafts, travellers cheques, letters of credit, bills of exchange and promissory notes, credit cards or such other similar instruments, as may be notified by the Reserve Bank. [Foreign Exchange Management Act, 1999 (42 of 1999), s. 2 (h)]...
Currency of lease
Currency of lease, the expression 'currency of the lease' in s. 11 will include the statutory extension of the lease under the provisions of the Andhra Act. (18 of 1956), Vdaviill Nagarathnam v. Reddi S. Murthy, AIR 1976 SC 1830 (1836). [Andhra Pradesh (Andhra Area) Tenancy Act, (18 of 1956), s. 11]...
Permitted currency
Permitted currency, means a foreign currency which is freely convertible. [Foreign Exchange Manage-ment (Manner of Receipt and Payment) Regula-tions, 2000, Reg. 2 (v)]...
Comptroller of the Currency
Comptroller of the Currency ...
Currency
A continued or uninterrupted course or flow like that of a stream as the currency of time...
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