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Section 20 – Coinage Act,1906

Coinage Act,1906<

20. Power to certain persons to cut counterfeit or fradulently defaced coin and procedure in regard to coin so cut.

Where any 1[* * *] coin purporting to be coined or issued under the authority of the [Central Government] 2 is tendered to any person authorised by the 2[Central Government] 3[***] to act under this section, and such person has reason to believe that the coinis counterfeit 4[or has been fraudulently defaced], he shall by himself or another cut or break the coin, and may at his discretion either return the pieces to the tenderer, who shall bear the losscaused by such cutting or breaking, or 5[in the case of silver coin] receive and pay for the coin according to the value of the silver bullion contained in it.

1. Words “silver or other” omitted by Act 28 of 1947, S. 8.

2. Substituted by A. L. O.,1937.

3. Words “or by the Local Government” omitted by A. 0.,1937.

4. Inserted by Act 28 of 1947, S. 8.

5. Inserted by Act 21 of 1910, S. 6 (2).

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Coinage Act,1906

Indian Laws – Bare Acts


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