Counterfeiting coin or currency-notes triggers severe penal consequences, including imprisonment and fine under criminal law provisions. Counterfeiting is criminalised where a person counterfeits, or knowingly performs any part of the counterfeiting process, in relation to coin, Government revenue stamp, currency-note or bank-note; the offence attracts severe penal consequences including life imprisonment or imprisonment for a term and a fine. Explanations define bank-note as a promissory engagement used as money or substitute, and coin as stamped metal used as money; specified acts-causing a stamp to appear of a different denomination, causing a coin to appear as a different coin with intent to deceive, and diminishing weight or altering composition or appearance-are treated as counterfeiting.
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Counterfeiting coin or currency-notes triggers severe penal consequences, including imprisonment and fine under criminal law provisions.
Counterfeiting is criminalised where a person counterfeits, or knowingly performs any part of the counterfeiting process, in relation to coin, Government revenue stamp, currency-note or bank-note; the offence attracts severe penal consequences including life imprisonment or imprisonment for a term and a fine. Explanations define bank-note as a promissory engagement used as money or substitute, and coin as stamped metal used as money; specified acts-causing a stamp to appear of a different denomination, causing a coin to appear as a different coin with intent to deceive, and diminishing weight or altering composition or appearance-are treated as counterfeiting.
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