The Karnataka Existing Laws (Construction of References to Values) Act, 1957
The Karnataka Existing Laws (Construction of References to Values) Act, 1957
General19573 sections
This Act updates existing laws in Karnataka by replacing old currency references, such as annas, pice, and pies, with new coin values based on the Indian Coinage Act of 1906. It applies to all current state laws to ensure they remain valid and clear by aligning with the current monetary system. This change prevents confusion and legal ambiguity by standardizing how values are expressed in legislation, making sure that old legal texts accurately reflect the value of money in the modern economy.
PDF: pending for this language.