act 015 of 1870 : Paper Currency Act, 1870 [Repealed]

Paper Currency Act, 1870 [Repealed]

ACTNO. 15 OF 1870

04 May, 1870

Repealed by Act 3 of 1871

Passed by the Governor General of India in Council.

(Received the assent of the Governor General on the 5^th April 1870).

An Act for the further amendment of Act No. XIX of 1861.

PREAMBLE

FOR the purpose of further amending Act No. XIX of 1861 (to provide for a Government Paper Currency); It is hereby enacted as follows:

Section 1. Amendment of Act No. XIX of 1861, Section 4

In section four of the said Act, the words who may he the Master of the Mint at Calcutta and the words who may he the Master of the Mint at Madras and the Master of the Mint at Bombay shall be repealed.

Section 2. Amendment of Section 10

Section ten of the said Act shall be read as if, for the words four crores the words six crores were substituted.