Section 489C
Possession of forged or counterfeit currency or bank notes
ActIn forceProvision 577 of 597
Section 489C
Amended by15/2019
Whoever has in his possession any forged or counterfeit currency or bank note, knowing or having reason to believe the same to be forged or counterfeit and intending to use the same as genuine or that it may be used as genuine, shall be punished with imprisonment for a term which may extend to 15 years and shall also be liable to fine.