The Indian Coinage Act, 1906

Indian Coinage Act, 1906
Imperial Legislative Council
  • An Act to consolidate and amend the law relating to Coinage and the Mint.
CitationAct No. 3 of 1906
Territorial extentIndia
Enacted byImperial Legislative Council
Enacted2 March 1906
Repeals
  • Indian Coinage Act 1870
  • Indian Coinage and Paper Currency Act, 1899
Amended by
List
  • Repealing and Amending Act, 1914
  • Indian Coinage (Amendment) Act, 1918
  • Indian Coinage (Amendment) Act, 1919
  • Indian Coinage (Amendment) Act, 1920
  • Indian Coinage (Amendment) Act, 1924
  • Indian Coinage (Amendment) Act, 1940
  • Indian Coinage (Amendment) Act, 1947
  • Indian Coinage (Amendment) Act 1955
  • Indian Coinage (Amendment) Act, 1964
  • Indian Coinage (Amendment) Act, 1968
  • Indian Coinage (Amendment) Act 1975
  • Coinage (Amendment) Act, 1985
Repealed by
Coinage Act, 2011
Status: Repealed

The Indian Coinage Act, 1906, is a law that authorises the India Government Mints to strike all legal coinage in India.[1] Newly minted coins are placed into circulation by the Reserve Bank of India.[1] At the time the Act was enacted during the British Raj, the Act mandated standards for the fineness of silver coins,[2] but subsequent amendments lowered the silver content required for the coins.[3]

References

  1. ^ a b "40. Exchange, Coinage, and Currency" (PDF). Statistical Year Book India 2017. Government of India - Ministry of Statistics and Programme Implementation. 2017.
  2. ^ "British India Coinage". Reserve Bank of India. Retrieved 1 February 2024.
  3. ^ Pridmore, F. (1968). "Notes on Colonial Coins" (PDF). British Numismatic Journal. 37: 167. Retrieved 1 February 2024.
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