Section 489ACounterfeiting currency-notes or bank-notes

s. 489A

489A. Counterfeiting currency-notes or bank-notes [Whoever counterfeits, or knowingly performs any part of the process of counterfeiting, any currency-note or bank-note, shall be punished with [imprisonment] for life, or with imprisonment of either description for a term which may extend to ten years, and shall also be liable to fine. Explanation.For the purposes of this section and of sections 489B, 489C and 489D, the expression "bank-note" means a promissory note or engagement for the payment of money to bearer on demand issued by any person carrying on the business of banking in any part of the world, or issued by or under the authority of any State or Sovereign Power, and intended to be used as equivalent to, or a substitute for, money.

1. 148. Section 489A to 489D were inserted by section 2 of the Currency-Notes Forgery Act, 1899 (Act No. XII of 1899).
2. 149. The word “imprisonment” was substituted, for the word “transportation” by section 21 of the Penal Code (Amendment) Ordinance, 1985 (Ordinance No. XLI of 1985).