Article 215

counterfeits Eritrean or foreign coins or paper money or bank notes, bonds, promissory notes and similar other State financial obligations with the intention to places them in circulation as genuine; or

procures for himself or another or transfers to another or imports into Eritrea, counterfeit coins or paper money or bank notes, bonds, promissory notes and similar other State financial obligations with the intention to place them into circulation as genuine,

an offence under this Article for an amount not exceeding 100,000 Nakfas, or any other benefit calculated to be equivalent to that amount, shall be punished as a Class 6 serious offence, punishable with a definite term of imprisonment of not less than 7 years and not more than 10 years;

an offence under this Article for an amount between 100,001 and 1,000,000 Nakfas, or any other benefit calculated to be equivalent to that amount, shall be punished as a Class 5 serious offence, punishable with a definite term of imprisonment of not less than 10 years and not more than 13 years;

an offence under this Article for an amount between 1,000,001 and 5,000,000 Nakfas, or any other benefit calculated to be equivalent to that amount, shall be punished as a Class 4 serious offence, punishable with a definite term of imprisonment of not less than 13 years and not more than 16 years;

an offence under this Article for an amount exceeding 5,000,000 Nakfas, or any other benefit calculated to be equivalent to that amount, shall be punished as a Class 3 serious offence, punishable with a definite term of imprisonment of not less than 16 years and not more than 19 years.