Section 489B. Using as genuine, forged or counterfeit currency-notes or bank-notes

489B. Using as genuine, forged or counterfeit currency-notes or bank-notes . — 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[4] [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. 1. Subs. by Act 43 of 1958, s. 135 and the Sch., for s. 485 (w.e.f. 25-11-1959). 2. Subs. by s. 135 and the Sch., ibid ., for certain words (w.e.f. 25-11-1959). 3. Added by Act 12 of 1899, s. 2. 4. Subs. by Act 26 of 1955, s. 117 and the Sch., for "transportation for life" (w.e.f. 1-1-1956). 5. Subs. by Act 35 of 1950, s. 3 and the Second Sch., for "489C and 489D".