Delivery of coin as genuine which, when first possessed, the deliverer did not know to be altered
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Summary
Delivering or trying to get someone to accept an altered coin as genuine, or as a different kind of coin, is an offence when the person knows the coin has been tampered with but did not know that when they first took it into their possession. The punishment is up to two years imprisonment or a fine up to ten times the value of the coin passed.
Example
Ravi gets a clipped coin as change at a stall and does not notice it. Later, after learning the coin was altered, he uses it to pay a neighbour as if it were a higher-value coin. Under this rule he can face up to two years' imprisonment or a fine up to ten times the coin's value.
Bare Act
Enacted textWhoever delivers to any other person as genuine or as a coin of a different description from what it is, or attempts to induce any person to receive as genuine, or as a different coin from what it is, any coin in respect of which he knows that any such operation as that mentioned in sections 246, 247, 248 or 249 has been performed, but in respect of which he did not, at the time when he took it into his possession, know that such operation had been performed, shall be punished with imprisonment of either description for a term which may extend to two years or with fine to an amount which may extend to ten times the value of the coin for which the altered coin is passed, or attempted to be passed.
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