Penal Code
143
Delivery of coin, possessed with the knowledge that it is
counterfeit
240. Whoever, having any counterfeit coin which at the time
when he became possessed of it he knew to be a counterfeit
coin, fraudulently or with intent that fraud may be committed,
delivers the same to any person, or attempts to induce any person
to receive it, shall be punished with imprisonment for a term
which may extend to ten years, and shall also be liable to fine.
Delivery to another of coin as genuine, which when first
possessed the deliverer did not know to be counterfeit
241. Whoever delivers to any other person as genuine, or
attempts to induce any other person to receive as genuine, any
counterfeit coin which he knows to be counterfeit, but which he
did not know to be counterfeit at the time when he took it into
his possession, shall be punished with imprisonment for a term
which may extend to five years, and shall also be liable to fine.
ILLUSTRATION
A, a coiner, delivers counterfeit coins to his accomplice B, for the
purpose of uttering them. B sells the coins to C, another utterer, who
buys them knowing them to be counterfeit. C pays away the coins for
goods to D, who receives them, not knowing them to be counterfeit. D,
after receiving the coins discovers that they are counterfeit, and pays
them away as if they were good. Here D is punishable only under this
section, but B and C are punishable under section 240.
242. (Deleted by Act A327).
Possession of coin by a person who knew it to be counterfeit
when he became possessed thereof
243. Whoever, fraudulently or with intent that fraud may be
committed, is in possession of counterfeit coin, having known at
the time when he became possessed of it that it was a counterfeit,
shall be punished with imprisonment for a term which may extend
to seven years, and shall also be liable to fine.
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