What is Section 489B IPC? Using as Genuine, Forged or Counterfeit Currency-Notes or Bank-Notes
Published on: Lawiz Team
Learn about Section 489B IPC: Meaning, scope, punishment, examples.
Official Legal Text
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 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.
What This IPC Section Means – Explained in Simple Words
Section 489B punishes anyone who knowingly uses or attempts to use forged or counterfeit currency-notes or bank-notes as if they were genuine.
Purpose
To prevent individuals from passing off fake currency as real, causing financial harm to others.
Bailable or Not Bailable & Punishment
Bailable: Non-Bailable, Punishment: Imprisonment for life, or imprisonment up to 10 years, and fine.
Key Elements
1. The currency-note or bank-note must be counterfeit. 2. The accused must know it is counterfeit. 3. The accused must use it as if it were genuine.
Punishment Details
Imprisonment for life, or imprisonment of either description for a term which may extend to ten years, and a fine.
Illustrative Example
If a person pays for goods using a fake ₹2000 note, knowing it is fake, they are punishable under Section 489B.
Legal Defenses
If the accused can prove that they did not know the currency was fake, they may be acquitted.
Related Sections
Related to Section 489A (Counterfeiting currency) and Section 489C (Possession of counterfeit currency).
Important Note
Knowledge of the currency being counterfeit is a key factor for this offence.
FAQs
What does Section 489B IPC define?
Using as genuine, forged or counterfeit currency-notes or bank-notes.
How is 'Using as genuine, forged or counterfeit currency-notes or bank-notes' interpreted in law?
It is interpreted based on the Indian Penal Code and relevant case law.
Where is Section 489B IPC applicable?
Its application depends on the legal context and the nature of the offence involved.
Can you give a practical example for Section 489B?
Examples include real-life cases involving using as genuine, forged or counterfeit currency-notes or bank-notes.
Is Section 489B used along with other IPC sections?
Yes, it is often cited alongside related criminal provisions.
How do courts interpret Section 489B IPC?
Courts interpret it using past judgments and statutory interpretations.
Why is Section 489B significant?
It holds importance in the framework of criminal law.