Repealed or not in force · As amended up to 2026-08
7. (1) Where any gold mohur which has been coined and issued under the authority of the Governor General in Council is tendered to any person authorised to act under section 16 of the Indian Coinage Act, 1906, and such person has reason to believe that the coin—
(a) has been diminished in weight so as to be of less weight than 122½ grains, or
(b) has been defaced,
he shall, by himself or another, cut or break the coin.
(2) A person cutting or breaking coin under the provisions of sub-section (1) shall return the pieces to the person tendering the coin who shall bear the loss caused by such cutting or breaking:
Provided that, in the case of a defaced coin, if the person so cutting or breaking has reason to believe that the coin has not been fraudulently defaced within the meaning of section 18 of the Indian Coinage Act, 1906, and the coin is not of less weight than 122½ grains, he shall receive and pay for the coin at its nominal value.
[ACT_XIV
Rule-making power.
Governor General in Council may make rules to carry out the purposes and objects of this Act.
Bar of suits.
Source: India Code