Possession of forged currency criminalised; knowing intent to use as genuine punishable, lawful-source defence recognised. Possession of forged or counterfeit coin, government stamp, currency-note or bank-note is an offence when the possessor knows or has reason to believe the item is forged or counterfeit and intends to use it as genuine or that it may be used as genuine; this attracts imprisonment, fine, or both. A lawful-source defence is available if the person establishes the item came from a lawful source, in which case possession does not constitute an offence.
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Possession of forged currency criminalised; knowing intent to use as genuine punishable, lawful-source defence recognised.
Possession of forged or counterfeit coin, government stamp, currency-note or bank-note is an offence when the possessor knows or has reason to believe the item is forged or counterfeit and intends to use it as genuine or that it may be used as genuine; this attracts imprisonment, fine, or both. A lawful-source defence is available if the person establishes the item came from a lawful source, in which case possession does not constitute an offence.
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