Amendment status not verified — confirm the current text below against the official source.
(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.