Indian Penal Code 1860
Section 489D :
Making or possession instruments or materials for forging or counterfeiting currency-notes or bank-notes :
(See section 181 of BNS 2023)
Classification of Offence:
Offence: Making or possessing machinery, instrument or material for forging or counterfeiting currency-notes or bank-notes.
Punishment :Imprisonment for life, or imprisonment for 10 years and fine.
Cognizable or Non-cognizable :Cognizable
Bailable or Non-bailable :Non-bailable
Compoundable or Non-compoundable : Non-compoundable
By Which Court Triable :Court of Session
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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 forgiving 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).
