A person who, knowing that coins or paper money have been counterfeited or altered, intentionally places such coins or paper money into circulation as genuine or as of full value,
Penal Code
2015 English source edition · Current applicability not established.
English-language 2015 Ministry of Justice edition. Refworld catalogues this English expression as an unofficial translation; Eri Atlas has not independently verified the translation.
Article 217
Circulation of Counterfeit or Altered Money · Preserved transcription; page attribution imported from the source collection. Verify against the original.
is guilty of circulation of counterfeit or altered money, punishable in the following order of graduation:
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 7 serious offence, punishable with a definite term of imprisonment of not less than 5 years and not more than 7 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 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 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 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 exceeding 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
and all such counterfeited or altered money shall be destroyed.