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[I.P.C.]
Central Government Act
Section 489B in The Indian Penal Code, 1860
489B. Using as genuine, forged or counterfeit currency- notes or bank- notes.-- Whoever sells to, or buys or receives from, any other person, or otherwise traffics in or uses as genuine, any forged or counterfeit currency- note or bank- note, knowing or having reason to believe the same to be forged or counterfeit, shall be punished with 2 [ imprisonment for life], or with imprisonment of either description for a term which may extend to ten years, and shall also be liable to fine.
1. Ss. 489A to 489D were ins. by Act 12 of 1899, s. 2
2. Subs. by Act 26 of 1955, s. 117 and Sch., for" transportation for life".
3. Subs. by Act 35 of 1950, s. 3 and Sch., II, for" 489C and 489D".