IPC Section 489B: Using As Genuine, Forged Or Counterfeit Currency-Notes Or Bank-Notes
Navigation: Indian Penal Code > Chapter 18: Of Offences Relating To Documents And To Property Marks > Of Currency-Notes and Bank-Notes > IPC Section 489B
IPC Section 489B: Using As Genuine, Forged Or Counterfeit Currency-Notes Or Bank-Notes
Whoever sells to, or buys or receives from, any other person, or otherwise traffics in or uses as genuine, any forged or counterfeit currency-note or bank-note, knowing or having reason to believe the same to be forged or counterfeit, shall be punished with 1 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.
Amendments
- Subs. by Act 26 of 1955, s. 117 and the Sch., for “transportation for life” (w.e.f. 1-1-1956).
-Text In Indian Penal Code
| Offence | Using as genuine forged or counterfeit currency-notes or bank-notes |
| Punishment | Imprisonment for Life or 10 Years + Fine |
| Cognizance | Cognizable |
| Bail | Non-bailable |
| Triable By | Court of Session |
| Offence Compoundable | Offence is NOT Compoundable |
