BNS 180Chapter X · Of Offences Relating to Coin, Currency-notes, Bank-notes, and Government StampsWas IPC 242
Section 180 · Possession of forged or counterfeit coin, Government stamp, currency-notes or bank-notes
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Whoever has in his possession any forged or counterfeit coin, stamp, currency-note or bank-note,
knowing or having reason to believe the same to be forged or counterfeit and intending to use the same as
genuine or that it may be used as genuine, shall be punished with imprisonment of either description for a
term which may extend to seven years, or with fine, or with both.
Explanation.—If a person establishes the possession of the forged or counterfeit coin, stamp, currency-note or bank-note to be from a lawful source, it shall not constitute an offence under this section.
Explanation.—If a person establishes the possession of the forged or counterfeit coin, stamp, currency-note or bank-note to be from a lawful source, it shall not constitute an offence under this section.
The offence at a glance
- Punishment
- up to 7 years, fine (no stated ceiling)
- Cognizable
- Cognizable
- Bailable
- Non-bailable
- Compoundable
- Not compoundable
- Triable by
- Court of Session
- Cognizable — Police may arrest without a warrant
- Non-bailable — Bail is at the court's discretion
From the First Schedule to the BNSS (the CrPC's, for IPC offences)
Under the old law
BNS 180IPC 242
242. Possession of counterfeit coin by person who knew it to be counterfeit when he became possessed thereof.
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