Section 206 of the Bharatiya Nyaya Sanhita (BNS), 2023
Section 206 of the Bharatiya Nyaya Sanhita (BNS), 2023, pertains to the offense of selling or offering for sale counterfeit coins or government-issued currency notes. This provision aims to protect the integrity of India's monetary system by criminalizing the act of dealing in counterfeit currency.
📜 Text of Section 206
Section 206: Whoever sells or offers for sale any coin or currency note, knowing or having reason to believe that such coin or currency note is a counterfeit coin or currency note, shall be punished with imprisonment of either description for a term which may extend to three years, and shall also be liable to fine.
⚖️ Key Elements
Offense Description: Selling or offering for sale counterfeit coins or currency notes.
Knowledge or Belief: The individual must know, or have reason to believe, that the coin or currency note is counterfeit.
Punishment: Imprisonment for up to three years and a fine.
🧾 Purpose and Rationale
This provision is designed to safeguard the economy by preventing the circulation of counterfeit currency, which can undermine public confidence in the monetary system and disrupt economic stability.
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