Whoever makes or performs any part of the process of making, or buys or sells or disposes of, or has in his possession, any machinery, instrument or material for the purpose of being used, or knowing or having reason to believe that it is intended to be used, for forging or counterfeiting any currency note or bank note, shall be punished with imprisonment for life, or with imprisonment for a term which may extend to 102008a term which may extend to 202008 years, and shall also be liable to fine.
Section history
Section 489D — Making or possessing instruments or materials for forging or counterfeiting currency or bank notes
Consolidated view is experimental and may be broken for certain provisions.
Amendments
Section 489D — Original text to 1 January 2020superseded
Section 489D — From 1 January 2020 (current)rewritten (not yet redlined) — Criminal Law Reform Act 2019
Whoever makes, mends or performs any part of the process of making or mending or buys, sells or disposes of, or has in his possession, any die, machinery, instrument or material for the purpose of being used, or knowing or having reason to believe that it is intended to be used, for forging or counterfeiting any currency or bank note, shall be punished with imprisonment for a term which may extend to 20 years, and shall also be liable to fine.
[Indian PC 1860, s. 489D]