Tuesday, September 18, 2012

Altering a coin is an offence in Malaysia

Do you know, altering a coin is an offence in Malaysia law and regulations. You may be punished with imprisonment for a term which may extend to seven years and shall also be liable to fine. I found a provisions of law under Penal Code about coin alteration while searching for information about provision of law related to damaging Malaysia banknote case. In my opinion, this is also related to all the people who are selling fake altered date coins for non-produced Malaysia coin years such as 10 sen 1972, 20 sen 1972, 50 sen 1975 or 50 sen 1976. Most of the blogger are "mistik" blogger and claim that the coin that they have in their possession came from kingdom of heaven. Sadly, they're no action taken on them and they keep on cheating people selling fake altered coin and also counterfeit coins. I also cannot find any case related to coin alteration that related to these provision. I am sharing just to let everyone know, it is an offence to alter or deface Malaysia coin.

coin offence

Here are the provision under PENAL CODE (Act 574):

Fraudulently or dishonestly diminishing the weight or altering the composition of coin
247. Whoever fraudulently or dishonestly performs on any coin any operation which diminishes the weight or alters the composition of that coin, shall be punished with imprisonment for a term which may extend to seven years, and shall also be liable to fine.

Altering appearance of coin with intent that it shall pass as a coin of a different description
249. Whoever performs on any coin any operation which alters the appearance of that coin, with the intention that the said coin shall pass as a coin of a different description, shall be punished with imprisonment for a term which may extend to seven years, and shall also be liable to fine.

Delivery of coin, possessed with the knowledge that it is altered
251. Whoever, having coin in his possession with respect to which the offence defined in section 247 or 249 has been committed, and having known at the time when he became possessed of such coin that such offence had been committed with respect to it, fraudulently or with intent that fraud may be committed, delivers such coin to any other person, or attempts to induce any other person to receive the same, shall be punished with imprisonment for a term which may extend to ten years, and shall also be liable to fine.

Possession of coin by a person who knew it to be altered when he became possessed thereof
253. Whoever, fraudulently or with intent that fraud may be committed, is in possession of coin with respect to which the offence defined in section 247 or 249 has been committed, having known at the time of becoming possessed thereof that such offence had been committed with respect to such coin, shall be punished with imprisonment for a term which may extend to five years, and shall also be liable to fine.

Delivery to another of coin as genuine, which when first possessed, the deliverer did not know to be altered
254. Whoever delivers to any other person as genuine or as a coin of a different description from what it is, or attempts to induce any person to receive as genuine or as a different coin from what it is, any coin in respect of which he knows that any such operation as that mentioned in section 247 or 249, has been performed, but in respect of which he did not, at the time when he took it into106 Laws of Malaysia ACT 574 his possession, know that such operation had been performed, shall be punished with imprisonment for a term which may extend to five years, and shall also be liable to fine.