(1) Whoever
a) counterfeits or alters any currency note or any gold or silver coin
being legal tender in the
Republic; or
b) imports into the Republic any such counterfeit or altered note or coin;
or
c) utters any such counterfeit note or coin
shall be punished with imprisonment for life.
(2) In the case of any other currency note or coin national or foreign,
and whether or not legal tender, the punishment shall be imprisonment for
from 10 (ten) to 20 (twenty) years.
(3) Where the alteration consists in the mere colouring of coin, whether
or not legal tender in the Republic or abroad, the punishment shall be
imprisonment for from 6 (six) months to 5 (five) years.
(4) Where the coin or note has been received in ignorance of the fact
that it was counterfeit or altered, and uttered after knowledge of the same, the
punishment shall be imprisonment for from 3 (three) months to 3 (three) years
and fine of 3 (three) times the face value of the said coin or note.
Official text
Spot-checked
In force from 12 July 2016
Source page 78