Provision

Whoever delivers to any other person as genuine or as a coin of a different description from what it is, or attempts to induce any person to receive as genuine, or as a different coin from what it is, any coin in respect of which he knows that any such operation as that mentioned in sections 246, 247, 248 or 249 has been performed, but in respect of which he did not, at the time when he took it into his possession, know that such operation had been performed, shall be punished with imprisonment of either description for a term which may extend to two years or with fine to an amount which may extend to ten times the value of the coin for which the altered coin is passed, or attempted to be passed.


Simply put

It states that whoever, either delivers to another person as genuine or as a coin of different description from what it really is, or attempts to induce another person to receive as genuine or as a different coin from what it really is, any coin in respect to which he has knowledge that any such operation as mentioned in section 246, 247, 248 or 249 of the Code has been performed, but in respect of which he did not have knowledge, when he took the same into his possession, that such operation had been performed, shall be punished with simple or rigorous imprisonment for a term extending up to two years, or with fine extending up to ten times the value of the coin for which the altered coin is passed, or attempted to be passed



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