Section 4: Dealings, etc., in counterfeit currency

(1) Any person who deals in, buys or sells or exposes or offers for sale, or induces any other person to buy or sell any counterfeit bank note or current coin, knowing the same to be counterfeit bank note or current coin, is guilty of an offence under this Act and on conviction thereof shall be sentenced to life imprisonment.
(2) Any person who is found to be in possession of not more than fifty counterfeit notes or fifty counterfeit current coins shall be deemed, until he proves the contrary, to have known that such bank notes or current coins are counterfeit.