Laws of Bangladesh

1The Penal Code, 1860

( ACT NO. XLV OF 1860 )

Chapter XVIII


Of Trade, Property and Other Marks

Counterfeiting currency-notes or bank-notes
2[489A. Whoever counterfeits, or knowingly performs any part of the process of counterfeiting, any currency-note or bank-note, shall be punished with 3[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.
Explanation.For the purposes of this section and of sections 489B, 489C and 489D, the expression "bank-note" means a promissory note or engagement for the payment of money to bearer on demand issued by any person carrying on the business of banking in any part of the world, or issued by or under the authority of any State or Sovereign Power, and intended to be used as equivalent to, or a substitute for, money.

  • 1
    Throughout this Act, except otherwise provided, the words “Bangladesh”, “Government”, “the Government” and “Taka” were substituted, for the words “Pakistan”, “Central or any Provincial Government” or “Central Government or any Provincial Government” or “Central Government” or “the Provincial Government” or “Provincial Government” and “rupees” respectively by section 3 and 2nd Schedule of the Bangladesh Laws (Revision And Declaration) Act, 1973 (Act No. VIII of 1973).
  • 2
    Section 489A to 489D were inserted by section 2 of the Currency-Notes Forgery Act, 1899 (Act No. XII of 1899).
  • 3
    The word “imprisonment” was substituted, for the word “transportation” by section 21 of the Penal Code (Amendment) Ordinance, 1985 (Ordinance No. XLI of 1985).
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