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Coinage (Issue Of Commemorative Coins On The Occasion Of Indias G20 Presidency) Rules, 2023

Coinage (Issue Of Commemorative Coins On The Occasion Of Indias G20 Presidency) Rules, 2023

Coinage (Issue Of Commemorative Coins On The Occasion Of Indias G20 Presidency) Rules, 2023

[24th July 2023]

In exercise of the powers conferred by clauses (d) and (e) of sub-section (2) of section 24 read with clauses (a) and (b) of section 2 of the Coinage Act, 2011#(11 of 2011), the Central Government hereby makes the following rules, namely: -

Rule - 1. Short title and commencement

(1)     These rules may be called the Coinage (Issue of Commemorative Coins on the Occasion of Indias G20 Presidency) Rules, 2023.

(2)     They shall come into force on the date of their publication in the Official Gazette.

Rule - 2. Denomination of coins

The coins of the following denominations shall only be coined at the Mint for issue under the authority of the Central Government on the occasion of "Indias G20 Presidency"-

(i)       One hundred rupees; and

(ii)      Seventy-five rupees.

Rule - 3. Dimension and composition of coins

The coins of the denominations referred to in rule 2 shall conform to the following dimensions and composition, namely:-

 

 

Denomination of the coins

 

Shape and outside diameter

 

Number of serrations

 

Metal composition




 

(1)

 

(2)

 

(3)

 

(4)




 

One hundred rupees

 

Circular 44 millimeters

 

200

 

Quaternary Alloy

 

Silver - 50 per cent.;

 

Copper - 40 per cent.; Nickel - 05 per cent.; and

 

Zinc - 05 per cent.




 

Seventy-five rupees

 

Circular 44 millimeters

 

200

 

Quaternary Alloy

 

Silver - 50 per cent.;

 

Copper - 40 per cent.;

 

Nickel - 05 per cent.; and

 

Zinc - 05 per cent.




Rule - 4. Design


The design of the coin shall be as specified in the First Schedule to these rules.

Rule - 5. Standard weight and remedy allowed


The standard weight of the coins of the denominations referred to in rule 2, coined to commemorate the occasion of Indias G20 Presidency and the remedy allowed in making of such coins shall be as specified in the Second Schedule to these rules.

 

SCHEDULE 1

(See rule 4)

(i)       ONE HUNDRED RUPEES

OBVERSE:

This face of the coin shall bear the Lion Capitol of Ashoka Pillar in the centre with the legend "xxx" inscribed below, flanked on the left periphery with the word "xxx" in Devnagari script and on the right periphery with the word "INDIA" in English. It shall also bear the Rupee symbol "xxx" and denominational value "100" in the international numerals below the Lion Capitol.

REVERSE:

This face of the coin shall bear the design of the logo of Indias G20 Presidency in the centre. The inscription xxx shall be written in Devnagari script on the upper periphery of the coin and the inscription "ONE EARTH * ONE FAMILY * ONE FUTURE" in English shall be written on lower periphery of the coin.

(ii)      SEVENTY FIVE RUPEES

OBVERSE:

This face of the coin shall bear the Lion Capitol of Ashoka Pillar in the centre with the legend "xxx" inscribed below, flanked on the left periphery with the word "xxx" in Devnagari script and on the right periphery with the word "INDIA" in English. It shall also bear the Rupee symbol "xxx" and denominational value "75" in the international numerals below the Lion Capitol.

REVERSE:

This face of the coin shall bear the design of the logo of Indias G20 Presidency in the centre. The inscription xxx shall be written in Devnagari script on the upper periphery of the coin and the inscription "ONE EARTH * ONE FAMILY * ONE FUTURE" in English shall be written on lower periphery of the coin.

 

SCHEDULE 2

(See rule 5)

 

 

Denomination of the coin

 

Standard weight

 

Remedy allowed

 

In composition

 

In standard weight




 

(1)

 

(2)

 

(3)

 

(4)




 

One Hundred Rupees

 

35 Grams

 

1/500th plus or minus for Silver, that is to say, the Silver content may vary from 498 to 502 per 1000.

 

1/100th plus or minus, that is to say, the weight could vary from 34.65 grams to 35.35 grams.




 

Seventy five Rupees

 

35 Grams

 

1/500th plus or minus for Silver, that is to say, the Silver content may vary from 498 to 502 per 1000.

 

1/100th plus or minus, that is to say, the weight could vary from 34.65 grams to 35.35 grams.




 

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Coinage (Issue Of Commemorative Coins On The Occasion Of Indias G20 Presidency) Rules, 2023

[24th July 2023]

In exercise of the powers conferred by clauses (d) and (e) of sub-section (2) of section 24 read with clauses (a) and (b) of section 2 of the Coinage Act, 2011#(11 of 2011), the Central Government hereby makes the following rules, namely: -

Rule - 1. Short title and commencement

(1)     These rules may be called the Coinage (Issue of Commemorative Coins on the Occasion of Indias G20 Presidency) Rules, 2023.

(2)     They shall come into force on the date of their publication in the Official Gazette.

Rule - 2. Denomination of coins

The coins of the following denominations shall only be coined at the Mint for issue under the authority of the Central Government on the occasion of "Indias G20 Presidency"-

(i)       One hundred rupees; and

(ii)      Seventy-five rupees.

Rule - 3. Dimension and composition of coins

The coins of the denominations referred to in rule 2 shall conform to the following dimensions and composition, namely:-

 

 

Denomination of the coins

 

Shape and outside diameter

 

Number of serrations

 

Metal composition




 

(1)

 

(2)

 

(3)

 

(4)




 

One hundred rupees

 

Circular 44 millimeters

 

200

 

Quaternary Alloy

 

Silver - 50 per cent.;

 

Copper - 40 per cent.; Nickel - 05 per cent.; and

 

Zinc - 05 per cent.




 

Seventy-five rupees

 

Circular 44 millimeters

 

200

 

Quaternary Alloy

 

Silver - 50 per cent.;

 

Copper - 40 per cent.;

 

Nickel - 05 per cent.; and

 

Zinc - 05 per cent.




Rule - 4. Design


The design of the coin shall be as specified in the First Schedule to these rules.

Rule - 5. Standard weight and remedy allowed


The standard weight of the coins of the denominations referred to in rule 2, coined to commemorate the occasion of Indias G20 Presidency and the remedy allowed in making of such coins shall be as specified in the Second Schedule to these rules.

 

SCHEDULE 1

(See rule 4)

(i)       ONE HUNDRED RUPEES

OBVERSE:

This face of the coin shall bear the Lion Capitol of Ashoka Pillar in the centre with the legend "xxx" inscribed below, flanked on the left periphery with the word "xxx" in Devnagari script and on the right periphery with the word "INDIA" in English. It shall also bear the Rupee symbol "xxx" and denominational value "100" in the international numerals below the Lion Capitol.

REVERSE:

This face of the coin shall bear the design of the logo of Indias G20 Presidency in the centre. The inscription xxx shall be written in Devnagari script on the upper periphery of the coin and the inscription "ONE EARTH * ONE FAMILY * ONE FUTURE" in English shall be written on lower periphery of the coin.

(ii)      SEVENTY FIVE RUPEES

OBVERSE:

This face of the coin shall bear the Lion Capitol of Ashoka Pillar in the centre with the legend "xxx" inscribed below, flanked on the left periphery with the word "xxx" in Devnagari script and on the right periphery with the word "INDIA" in English. It shall also bear the Rupee symbol "xxx" and denominational value "75" in the international numerals below the Lion Capitol.

REVERSE:

This face of the coin shall bear the design of the logo of Indias G20 Presidency in the centre. The inscription xxx shall be written in Devnagari script on the upper periphery of the coin and the inscription "ONE EARTH * ONE FAMILY * ONE FUTURE" in English shall be written on lower periphery of the coin.

 

SCHEDULE 2

(See rule 5)

 

 

Denomination of the coin

 

Standard weight

 

Remedy allowed

 

In composition

 

In standard weight




 

(1)

 

(2)

 

(3)

 

(4)




 

One Hundred Rupees

 

35 Grams

 

1/500th plus or minus for Silver, that is to say, the Silver content may vary from 498 to 502 per 1000.

 

1/100th plus or minus, that is to say, the weight could vary from 34.65 grams to 35.35 grams.




 

Seventy five Rupees

 

35 Grams

 

1/500th plus or minus for Silver, that is to say, the Silver content may vary from 498 to 502 per 1000.

 

1/100th plus or minus, that is to say, the weight could vary from 34.65 grams to 35.35 grams.