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 5 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 July 2014.
Timeline 4 versions
- 30 March 1987 Enacted
- 1 February 2008 Act 51 of 2007
- 1 July 2014 You are here
- 1 January 2020 Act 15 of 2019
- 17 August 2026 Latest
[Indian PC 1860, s. 243]