Indian Penal Code, 1860
-------------------------------------------------------------------- traffics in or uses as genuine, any forged or counterfeit currency-note or bank-note, knowing or having reason to believe the same to be forged or counterfeit, shall be punished with 2 *[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. 1. Ss. 489A to 489D were ins. by Act 12 of 1899, s. 2 489C. Possession of forged or counterfeit currency-notes or bank-note.