LawgistThe Indian Penal Code
489BUsing 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.
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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).
Of Currency-Notes and Bank-Notes
- 489A Counterfeiting currency-notes or bank-notes
- 489B Using as genuine, forged or counterfeit currency-notes or bank-notes
- 489C Possession of forged or counterfeit currency notes or bank-notes
- 489D Making or possessing instruments or materials for forging or counterfeiting currency-notes or bank-notes
- 489E Making or using documents resembling currency-notes or bank-notes
