Whoever, fraudulently or with intent that fraud may be committed, is in possession of counterfeit coin, having known at the time when he became possessed of it that the coin was counterfeit, shall be punished with imprisonment for a term which may extend to 3 years, and shall also be liable to fine.
Section history
Section 242 — Possession of counterfeit coin by a person who knew it to be counterfeit when he became possessed thereof
As in force on 12 November 1993.
Timeline 3 versions
- 30 March 1987 Enacted
- 12 November 1993 You are here
- 1 January 2020 Act 15 of 2019
- 17 August 2026 Latest