Whoever, fraudulently or with intent that fraud may be committed, is in possession of counterfeit coin, which is a counterfeit of current coin, having known at the time when he became possessed of it that it was a counterfeit, shall be punished with imprisonment for a term which may extend to 75 years, and shall also be liable to fine.
Section history
Section 243 — Possession of current coin by a person who knew it to be counterfeit when he became possessed thereof
As in force on 1 February 2008.