Section 3: Construction of references to certain values in existing laws
The Karnataka Existing Laws (Construction of References to Values) Act, 1957State Act of Karnataka · Act 12 of 1957
In every existing law, all references to any value expressed in annas, pice and pies, shall be construed as references to that value expressed in new coins referred to in sub-section
(1) of section 14 of the Indian Coinage Act, 1906 (Central Act III of 1906), converted thereto at the rate specified in sub-section (2) of section 14 of the said Act.
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