Using as genuine, forged or counterfeit coin, Government stamp, currency-notes or bank notes
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Summary
Selling, delivering, buying, receiving, trafficking in, or using as genuine any forged or counterfeit coin, government revenue stamp, currency-note or bank-note, while knowing or having reason to believe it is forged, is an offence. The punishment is very severe: life imprisonment, or imprisonment up to ten years, and a fine. The offence is cognizable, non-bailable and triable by a Sessions Court.
Example
Priya runs a kirana shop. A customer pays with a bundle of bank-notes that Priya thinks feel and look suspicious, but she accepts and uses them to give change. Because she had reason to believe the notes were counterfeit yet trafficked and used them, she can face life imprisonment or up to ten years and a fine.
Bare Act
Enacted textWhoever sells or delivers to, or buys or receives from, any other person, or otherwise traffics or uses as genuine, any forged or counterfeit coin, stamp issued by Government for the purpose of revenue, currency-note or bank-note, knowing or having reason to believe the same to be forged or counterfeit, shall be punished with imprisonment for life, or with imprisonment of either description for a term which may extend to ten years, and shall also be liable to fine.
BNSS Classification
- Imprisonment for life, or imprisonment for 10 years and fine.
- Cognizable
- Non-bailable
- Triable by Court of Session.
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