IPC Section 489A - Counterfeiting currency-notes or bank -notes

489A. Counterfeiting currency-notes or bank -notes. Whoever counterfeits, or knowingly

performs any part of the process of counterfeiting, any currency-note or bank-note, 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.

Explanation.-- For the purposes of this section and of sections 489B, 3[489C, 489D and 489E], 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 a ny State or Sovereign Power, and intended to be used as equivalent to, or as a

substitute for money.