# The Coinage Act, 2011, Section 14: Prohibition and penalty for unlawful making, issue or possession of pieces of metal to be used as money

- Act: The Coinage Act, 2011 (Act 11 of 2011)
- In force from: 2012-03-28
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/coinage-act-2011/section/14/

## Text

(1) No person shall-- (a) make or issue or attempt to issue any metal piece except as provided under section 4 for the purpose of coin; (b) possess, custody or control of any metal piece with the intent to issue the piece for use as money for a medium of exchange. (2) Whoever contravenes the provisions of sub-section (1) shall be punishable with imprisonment which may extend to one year or with fine or with both: Provided that if any person convicted under this section is again convicted, he shall be punishable with imprisonment which may extend to three years or with fine or with both.

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