Section 8. A person cutting or breaking coin under the provisions of clause (b) of section 16 shall observe the following procedure, namely:

18. A person cutting or breaking coin under the provisions of clause (b) of section 16 shall observe the following procedure, namely:— (a) if such person has reason to believe that the coin has been fraudulently defaced, he shall return the pieces to the person tendering the coin, who shall bear the loss caused by such cutting or breaking; (b) if such person has not reason to believe that the coin has been fraudulently defaced, he shall receive and pay for the coin at its nominal value. Explanation.—For the purposes of this section a coin which, there is reason to believe, has been defaced by sweating shall be deemed to have been fraudulently defaced. 8. [ ] (2) Notwithstanding anything contained in sub-section (1), if the Central Government is of opinion that it is necessary or expedient in the public interest so to do, it may authorise the coining, in like manner as is provided in that sub-section, of coins by any person (including the Government of any foreign country), beyond the limits of India and import such coins for issue under its authority under that sub-section.] [designs.] Rep. by the Indian Coinage (Amendment) Act, 1947 (28 of 1947), s. 4. 11. [Demonetization of sovereign and half-sovereign.] Rep. by s. 4, ibid.