Indian Penal Code : Possession of counterfeit coin by person who knew it to be counterfeitwhen he became

Indian Penal Code,1860

Act No : 45

Section : Possession of counterfeit coin by person who knew it to be counterfeitwhen he became possessed thereof.

242. Possession of counterfeit coin by person who knew it to becounterfeit when he became possessed thereof.--Whoever, fraudulentlyor with intent that fraud may be committed, is in possession ofcounterfeit coin, having known at the time when he became possessedthereof that such coin was counterfeit, shall be punished withimprisonment of either description for a term which may extend tothree years, and shall also be liable to fine.