Coinage Act, 2011
Chapter II
Establishment of Mints
3. Power to establish
and abolish Mints.-
The Government may,
by notification,
a.
establish
a Mint at any place which may be managed by it or by any other person, which
may be authorised for this purpose:
Provided that the Mints
established before the commencement of this Act shall be deemed to have been
established by the Government under this section:
Provided further that
where the Government is of the opinion that it is necessary or expedient in the
public interest so to do, it may authorise the minting of coins by any
organisation or Government of any foreign country, within or beyond the limits
of India and acquire such coins either by way of import or otherwise for issue
under its authority;
b.
abolish
any Mint.