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 imprisonment for a term which may extend to 20 years, and shall also be liable to fine.
Section history
Section 489B — Using as genuine forged or counterfeit currency notes or bank notes
As in force on 2 January 2011.
Timeline 4 versions
- 30 March 1987 Enacted
- 1 February 2008 Act 51 of 2007
- 2 January 2011 You are here
- 1 January 2020 Act 15 of 2019
- 17 August 2026 Latest
[Indian PC 1860, s. 489B]