Act 11 of 2011

The Coinage Act, 2011

An Act to consolidate the laws relating to coinage and the Mints, the protection of coinage and to provide for the prohibition of melting or destruction of coins and prohibit the making or the possession thereof for issue and for matters connected therewith or incidental thereto.

  • Ministry of Finance
  • Department of Economic Affairs
  • Enacted 2011-09-01
  • 28 sections
SectionTitle
1 Short title, extent and commencement. Read
2 Definitions. Read
3 Power to establish and abolish Mints. Read
4 Denominations, dimensions, designs and composition of coins. Read
5 Standard weight and remedy. Read
6 Coin when a legal tender. Read
7 Decimal system of coinage. Read
8 Power to call in coin. Read
9 Power to certain persons to cut, diminished or defaced coins. Read
10 Power to certain persons to cut counterfeit coins. Read
11 Power of Mint to delegate its functions. Read
12 Prohibition of making or melting or destruction of coins. Read
13 Penalty for contravention of section 12. Read
14 Prohibition and penalty for unlawful making, issue or possession of pieces of metal to be used as money. Read
15 Prohibition and penalty for bringing metal piece for use as coin. Read
16 Offences by companies. Read
17 Forfeiture. Read
18 Probation of Offenders Act, 1958 not to apply to offences under this Act. Read
19 Offences to be cognizable, bailable and non-compoundable. Read
20 Amendment of Act 2 of 1934. Read
21 Offences may be tried summarily. Read
22 Protection of action taken in good faith. Read
23 Power to remove difficulties. Read
24 Power to make rules. Read
25 Rules to be laid before Parliament. Read
26 Saving of making other coins at Mints. Read
27 Repeal and savings. Read
28 Continuance of existing coins. Read
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