Provision

Whoever makes or mends, or performs any part of the proc­ess of making or mending, or buys, sells or disposes of, any die or instrument, for the purpose of being used, or knowing or having reason to believe that it is intended to be used, for the purpose of counterfeiting 1[Indian coin], shall be punished with imprisonment of either description for a term which may extend to seven years, and shall also be liable to fine.


Simply put

  • Anyone who makes or mends,or
  • performs any part of the proc­ess of making or mending, or
  • buys, sells or disposes of, any die or instrument,
  • for the purpose of such instrument being used, or knowing or
  • having reason to believe that it is intended to be used, for the purpose of forging [Indian coin]

Then such an offender shall be punished with imprisonment of either description for a term which may extend to seven years, and shall also be liable to fine.



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