Section 489D · Section 489D. Making or possessing instruments or materials for forgoing or counterfeiting currency-notes or bank-notes
Whoever makes, or performs any part of the process of making, or buys or sells or disposes of, or has in his possession, any machinery, instrument or material for the purpose of being used, or knowing or having reason to believe that it is intended to be used, for forging or counterfeiting any currency-note or bank-note, 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.]
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1. Subs. by Act 26 of 1955, s. 117 and the Sch., for “transportation for life” (w.e.f. 1-1-1956).
The offence at a glance
- Punishment
- Imprisonment for life, up to 10 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)
In the new law
IPC 489DBNS 181
181. Making or possessing instruments or materials for forging or counterfeiting coin, Government stamp, currency-notes or bank-notes.
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How this section has changed
The law that applies is the law as it stood on the date of the offence — which is why this timeline matters.
- 1955SubstitutedIn force from:
By: Act 26 of 1955
With effect from 1-1-1956.
The text this replaced
transportation for life
The text in force on the date of the offence is the text that applies — a later amendment does not reach back.