Whoever has in his possession any forged or counterfeit currency or bank note, knowing or having reason to believe the same to be forged or counterfeit and intending to use the same as genuine or that it may be used as genuine, shall be punished with imprisonment for a term which may extend to 15 years and shall also be liable to fine.
Section history
Section 489C — Possession of forged or counterfeit currency or bank notes
As in force on 1 April 2022.
Timeline 4 versions
- 30 March 1987 Enacted
- 1 February 2008 Act 51 of 2007
- 1 January 2020 Act 15 of 2019
- 1 April 2022 You are here
- 17 August 2026 Latest