Section 24 in The Coinage Act, 2011

Title: Power to make rules

Description: (1) The Government may, by notification, make rules to carry out the purposes of this Act. (2) In particular, and without prejudice to the generality of the foregoing power, such rules may provide for all or any of the following matters, namely:-- (a) the use of metal for the purpose of making any coin under clause (f) of section 2; (b) the per cent. of metals for any coin under clause (i) of section 2; (c) the standard weight for any coin under clause (l) of section 2; (d) the dimensions, designs, metals, mixed metals or their composition, for coins under section 4; (e) the standard weight of coins and the remedy allowed in making such coins under section 5

Title: Rules to be laid before Parliament

Description: Every rule made under this Act shall be laid, as soon as may be after it is made, before each House of Parliament, while it is in session for a total period of thirty days which may be comprised in one session or in two or more successive sessions, and if, before the expiry of the session immediately following the session or the successive sessions aforesaid, both Houses agree in making any modification in the rule or both Houses agree that the rule should not be made, the rule shall thereafter have effect only in such modified form or be of no effect, as the case may be; so, however, that any such modification or annulment shall be without prejudice to the validity of anything previously done under that rule.

Title: Saving of making other coins at Mints.

Description: Nothing in this Act shall be deemed to prohibit or restrict the making at any Mint in India of coins intended for issue as money by the foreign Government of any territories beyond the limits of India.

Title: Repeal and savings

Description: (1) The following enactments are hereby repealed— (a) the Metal Tokens Act, 1889 (1 of 1889); (b) the Coinage Act, 1906 (3 of 1906); (c) the Bronze Coin (Legal Tender) Act, 1918 (22 of 1918); (d) the Currency Ordinance, 1940 (Ord. IV of 1940); (e) the Small Coins (Offences) Act, 1971 (52 of 1971). (2) The repeal by this Act of the enactments and Ordinance specified in sub-section (1) shall not— (a) affect any other enactment in which the repealed enactment or Ordinance has been applied, incorporated or referred to; (b) affect the validity, invalidity, effect or consequences of anything already done or suffered, or any right, title, obligation or liability already acquired, accrued or incurred or any remedy or proceeding in respect thereof, or any release or discharge of or from any debt, penalty, obligation, liability, claim or demand, or any indemnity already granted, or the proof of any past act or thing; (c) affect any principle or rule of law, or established jurisdiction, form or course of pleading, practice or procedure, or existing usage, custom, privilege, restriction, exemption, office or appointment, notwithstanding that the same respectively may have been in any manner affirmed or recognised or derived by, in or from any enactment or Ordinance hereby repealed; (d) revive or restore any jurisdiction, office, custom, liability, right, title, privilege, restriction, exemption, usage, practice, procedure or other matter or thing not now existing or in force. (3) The mention of particular matters in sub-section (1) shall not be held to prejudice or affect the general application of section 6 of the General Clauses Act, 1897 (10 of 1897), with regard to the effect of repeals.

Title: Continuance of existing coins

Description: Notwithstanding the repeal of the enactments and the Ordinance specified in sub-section (1) of section 27,-- (a) all coins issued under the said enactments; and (b) Government of India one rupee note issued under the Currency Ordinance, 1940 (Ord. IV of 1940), which are legal tender immediately before the commencement of the Coinage Act, 2011 shall be deemed to be the coin and continue to be legal tender in payment or on account under the corresponding provisions of this Act.