law: Coinage Act, 2011
  Chapter IV
  
  Diminished, Defaced and Counterfeit Coins
  9.  Power to certain persons to
  
  cut diminished or defaced coins.
  1.  
  
    Where
  
  any coin which has been minted and issued by or under the authority of the
  
  Government is tendered to any person authorised by it to act under this
  
  section, and such person has reason to believe that the coin
  a.   has been diminished
  
  in weight so as to be more than such per cent. below standard weight as
  
  provided in section 5; or
  b.   has been defaced,he
  
  shall, by himself or through another person, cut or break the coin.
  1.  
  
  
  2.  
  
    A
  
  person cutting or breaking coin under the provisions of clause (a) of
  
  sub-section (1) shall receive and pay for the coin at its face value.
  3.  
  
    A
  
  person cutting or breaking coin under the provisions of clause (b) of sub-section
  
  (1) shall observe the following procedure, namely:
  a.   if such person has
  
  reason to believe, that the coin has been fraudulently defaced, he shall return
  
  the pieces to the person tendering the coin, who shall bear the loss caused by
  
  such cutting or breaking;
  b.   if such person has
  
  reason to believe, that the coin has not been fraudulently defaced, he shall
  
  receive and pay for the coin at its face value.