(1) No person who is
entrusted by order of the competent authority under law with a duty
of burning or disposing off the torn notes held to be burnt or
disposed of because such bank notes tendered as currency are worn
and torn or letters, signs or sizes are unrecognizable or such notes
cannot be brought into use for any other reason shall bring into use
such bank notes or refrain from burning or disposing of such notes or
give them to another person dishonestly intending to obtain any kind
of benefit therefrom.
(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
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imprisonment for a term not exceeding three years and a fine not
exceeding thirty thousand rupees.