Fraudulently or dishonestly diminishing weight or altering composition of coin
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Summary
Fraudulently or dishonestly changing a coin so its weight is reduced or its metal makeup is altered is an offence. It applies whenever someone performs any operation on a coin that lessens its weight or alters its composition, including scooping and refilling. Punishment can be imprisonment for up to three years and a fine.
Example
Ravi, a shopkeeper, scoops out part of an old coin and fills the cavity with cheaper metal to pass it as full value. If discovered, he can be jailed for up to three years and also fined under this provision.
Bare Act
Enacted textWhoever, fraudulently or dishonestly performs on any coin any operation which diminishes the weight or alters the composition of that coin, shall be punished with imprisonment of either description for a term which may extend to three years, and shall also be liable to fine.
Explanations
(1) A person who scoops out part of the coin and puts anything else into the cavity alters the composition of the coin.
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