MOF notifies one hundred rupees coin on occasion of 2550th Nirvan Mahotsav [Read Notification]

The Ministry of Finance has notified the one hundred rupees coin on the occasion of the 2550th Nirvan Mahotsav via issuing a Notification.

The Notification Read as follows:

In exercise of the powers conferred by clauses (d) and (e) of sub-section (2) of section 24 of the Coinage Act, 2011 (11 of 2011), the Central Government hereby makes the following rules.

These rules may be called the Coinage (Issue of Commemorative Coin on the occasion of 2550th Nirvan Mahotsav of Bhagwan Mahaveer) Rules, 2024. They shall come into force on the date of their publication in the Official Gazette.

Denomination of Coin:

The coin of one hundred rupees denomination shall be coined at the Mint for issue under the authority of the Central Government on the occasion of the 2550th Nirvan Mahotsav of Bhagwan Mahaveer.

Dimension and Composition of Coin:

The coin of the above denomination mentioned in rule 2 shall conform to the following dimensions and composition, namely:-

Design:

The design of the coin shall be as specified in the First Schedule to these rules.

Standard weight and remedy allowed:

The standard weight of the coin of denomination referred to in rule 2 shall be coined to commemorate the occasion of the 2550th Nirvan Mahotsav of Bhagwan Mahaveer and the remedy allowed in making of such coin shall be as specified in the Second Schedule to these rules.

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