Metal Tokens Act : PROHIBITION OF RECEIPT BY LOCAL AUTHORITIES AND RAILWAYS AS MONEY OF METAL WHICH IS NOT

Metal Tokens Act,1889

Act No : 1

Section : PROHIBITION OF RECEIPT BY LOCAL AUTHORITIES AND RAILWAYS AS MONEY OF METAL WHICH IS NOT COIN

SECTION 08: PROHIBITION OF RECEIPT BY LOCAL AUTHORITIES AND RAILWAYS AS MONEY OF METAL WHICH IS NOT COIN

(1) No piece of metal which is not coin as defined in the Indian Penal Code shall be received as money by or on behalf of any railway-administration or local authority.

(2) If any person on behalf of a railway-administration, or on behalf of a local authority, or on behalf of the lessee of the collection of any toll or other impost leviable by a railway-administration or local authority, receives as money any piece of metal which is not such coin as aforesaid, he shall be punished with fine which may extend to ten rupees.