imprisonment of either description for a term which may extend to ten years, and shall
also be liable to fine.
239. Delivery of coin, possessed with knowledge that it is counterfeit: Whoever,
having any counterfeit coin, which at the time when he became possessed of it he knew to
be counterfeit, 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 of either description for a term which may extend to five years, and shall
also be liable to fine.
240. Delivery of Pakistan coin possessed with knowledge that it is counterfeit:
Whoever, having any counterfeit coin, which is a counterfeit of Pakistan coin, and which,
at the time when he became possessed of it, he knew to be a counterfeit of Pakistan 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 of
either description for a term which may extend to ten years, and shall also be liable to fine.
241. Delivery of coin as genuine, which, when first possessed, the deliverer did not
know to be counterfeit: 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, as the time when he took it into
his possession, 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 counterfeited, or with both.
Illustration
A, a coiner, delivers counterfeit rupees to his accomplice 8, for the purpose of uttering
them. B sells the rupees to C, another utterer, who buys them knowing them to be
counterfeit, C pays away the rupees for goods to D. who receives them, not knowing them
to be counterfeit. D after receiving the rupees, 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 239 or 240, as the case may be.
242. Possession of counterfeit coin by person who knew it to be counterfeit when
he became possessed thereof: 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 thereof that such coin was counterfeit, shall be punished with imprisonment of
either description for a term which may extend to three years, and shall also be liable to
fine.
243. Possession of Pakistan coin by person who knew It to be counterfeit when he
became possessed thereof: Whoever, fraudulently or with intent that fraud may be
committed, as in possession of counterfeit coin, which is a counterfeit of Pakistan coin,
having known at the time when he became possessed of it that it was counterfeit, shall be
Punished with imprisonment of either description for a term, which may extend to seven
years, and shall also be liable to fine.