Section 489A

Whoever forges or counterfeits, or knowingly performs any part of the process of forging or counterfeiting, any currency or bank note shall be guilty of an offence and shall on conviction be punished with imprisonment for a term which may extend to 20 years, and shall also be liable to fine.

In this section and sections 489B to 489I —

“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 the government of any country or territory and intended to be used as equivalent to, or as a substitute for, money;

“coin” is metal used as money stamped and issued by or under the authority of the government of any country or territory in order to be so used;

“currency” includes any currency note or coin (by whatever name called) which is legal tender in the country or territory in which it is issued.