Malaysia legislation

Section 3

of *COUNTERFEIT COIN ACT 1957

Section 3

(2)

If any coin so cut, broken, bent or defaced appears to be diminished otherwise than by reasonable wear, or to be counterfeit, the person tendering the same shall bear the loss thereof.

(3)

If the same is of due weight and appears to be lawful coin, the person cutting, breaking, bending or defacing the same shall receive the same at its face value.

(4)

If any dispute arises whether the coin so cut, broken, bent or defaced is diminished in manner aforesaid or counterfeit, it may be heard and finally determined in a summary manner by a Magistrate’s

Court which is hereby empowered to examine upon oath as well the parties as any other person in order to the decision of the dispute.

(5)

Every public officer, to whom in the performance of his duties there is tendered in payment of any part of the revenue of any

Government in Malaysia or presented for inspection or otherwise any coin which appears to be a counterfeit of current coin or to have been unlawfully diminished, shall cut, break or deface or cause to be cut, broken or defaced every such coin.

7

Act 429

LIST OF AMENDMENTS

Amending law

Short Title

In force from

L.N 349/1965

Modification of Laws (Counterfeit Coin)

(Extension of Borneo States) Order 1965 23-09-1965

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8

Act 429

LIST OF SECTIONS AMENDED

Section

Amending authority

In force from

─ NIL ─

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