information about Indian treasure trove act
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Indian Treasure Trove Act, 1876 . An Act to amend the law relating to treasures found in India. It defines treasure specifically as "anything of any value hidden in the soil" and worth as little as 10 rupees.
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The Treasure Act allows for a reward up to the market value of the treasure to be shared among the finder and the tenants and/or owner of the land on which the treasure was found. The amount of the reward and how it is divided among the claimants is determined by the Treasure Valuation Committee.
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