Pakistan Coinage Act,1906

This 1906 law governs how Pakistan's coins are minted and when they count as legal tender, though large parts of the original Act have since been repealed and replaced — the contents page itself marks Sections 4, 5, 8-12, 14, 15, and 15B as repealed or omitted. Section 1 extends the Act to the whole of Pakistan. Section 2 defines terms such as "deface" (clipping, filing, stamping, or otherwise altering a coin's surface or shape beyond ordinary wear) and "standard weight" (the weight prescribed for a given coin). Section 3 lets the Federal Government establish or abolish Mints by notification in the official Gazette.

Section 6 (headed "Denominations, dimensions, designs and composition of coins") lets the Federal Government determine, by notification, the denominations (not less than one rupee), sizes, designs, and metal composition of coins, and allows coining at a mint outside Pakistan. Section 7 lets government prescribe the standard weight of coins and the permissible tolerance ("remedy") in minting them. Section 13 makes coins issued under Section 6 legal tender for any sum, provided they haven't been defaced or lost more weight than prescribed; it separately preserves the legal-tender status of specific commemorative gold and silver coins issued in 1976 and 1977 — for example the three-thousand-rupee gold coin marking the conservation of the Astor Markhor, and coins issued for the Quaid-e-Azam and Allama Iqbal centenaries and the Islamic Summit Conference — listing the maximum weight loss allowed for each before it stops being legal tender.

Section 15A lets the Federal Government withdraw any coin from circulation by Gazette notification. Section 15AA, added in 2013, requires the State Bank of Pakistan to exchange old paisa coins (in denominations of 1, 2, 5, 10, 25, and 50 paisa) until a date the State Bank notifies, after which they stop being legal tender. Sections 16 through 20 set out a detailed procedure for what happens when a diminished, defaced, or counterfeit coin is presented to an authorized person: depending on whether the wear is within a prescribed tolerance, beyond it, or the result of fraud or counterfeiting, the coin may be cut or broken, and the person presenting it may or may not be compensated for it.

Section 21 lets the Federal Government make rules covering wear tolerances and payment rates for cut coins. Section 22 bars suits against officials acting in good faith under the Act, and Section 23 confirms the Mint may also strike coins for foreign governments.

This is a heavily amended colonial-era statute — the footnotes show changes made in 1919, 1924, 1937, 1940, 1942, 1947, 1949, 1953, 1964, 1965, 1975, and as recently as 2013 — with most of its original substantive provisions repealed and rewritten over time. Any specific weight, denomination, or percentage figures should be checked against the current official consolidated text rather than relied on directly from this summary.