Section 256
Prohibition Of Counterfeiting Currency
(1) No person shall
counterfeit, or attempt to counterfeit, any currency.
(2) A person who commits, or causes to be committed, the
offence referred to in sub-section (1) shall be liable to a sentence of
imprisonment for a term of five to ten years and a fine of fifty
thousand to one hundred thousand rupees, having regard to the
quantity and value of the currency counterfeited.
Explanation: For the purpose of this Chapter,-
(a) “currency” means any kind of currency note, postal
order, postal note, money order, cheque, draft, traveler's
cheque, letter of credit, letter of exchange, bond and
credit card, and this term also includes such other
similar kind of monetary instrument as specified by the
Bank, as required, by publishing and circulating a
public notice.
(b) 'counterfeit currency' means a currency which is so
forged in an unauthorized manner or counterfeit as
resembling or having reason to believe it to be a
currency issued by the Government of Nepal or Nepal
Rastra Bank or foreign government or competent
foreign body.