The Indian Coinage Act, 1906

The 1906 Coinage Act, 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]

THE INDIAN COINAGE ACT, 1906
Parliament of India
Long title An Act to govern the laws related to Coinage and Mints in India
Territorial extent	India
Enacted by	2 March 1906
Status: In force