Repealed or not in force · As amended up to 2026-08
11. The Governor General in Council may, from time to time, by notification in the Gazette of India, direct the coining and issuing of all coins authorized by this Act, and prescribe, in lieu of the likeness and inscription hereinbefore mentioned, such other likeness and inscription for all or any of the said coins as he thinks fit.
*Power to order other devices.*
*Gold coin not a legal tender.*
*Rupees and half rupees a legal tender.*
*Rupees and half rupees a legal tender.*
VI.—Legal Tender.
12. No gold coin shall be a legal tender in payment or on account.
Source: India Code