(1) This Act may be cited as the Counterfeit Coin Act 1957.
(2) This Act shall apply throughout Malaysia.
Act 429
Counterfeit Coin Act 1957
Akta syiling lancungan 1957
An Act to provide for the defacement of counterfeit coins.
Data synced
Text as at 1 January 2006 (LOM reprint); amendments made after that date may not be incorporated.
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In this Act, unless the context otherwise requiresβ
βcounterfeitβ has the meaning assigned to it by the Penal Code [Act 574];
βcurrent coinβ means any coin made by law a legal tender in Malaysia.
s 3Coin suspected to be diminished or counterfeit may be cut by any person to whom it is tenderedOpen β
(1) Where any coin is tendered as current coin to any person who suspects the same to be diminished otherwise than by reasonable wear or to be counterfeit, such person may cut, break, bend or deface such coin.
(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.
Laws of Malaysia ACT 429
(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 Magistrateβs 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.
Cite this legislation
- Official citation
- Act 429
- Source
- lom.agc.gov.my
- Data synced
- Licence
- Official text, free to reproduce (Copyright Act 1987 [Act 332] s 3) β
Counterfeit Coin Act 1957 [Act 429] (Laws of Malaysia, lom.agc.gov.my). Retrieved via LawPlayer, https://lawplayer.com/my/act/act-429
This text is synced from lom.agc.gov.my. In case of any discrepancy, the official version prevails.
Source: Laws of Malaysia, Attorney General's Chambers of Malaysia (lom.agc.gov.my). Not a copy of the Gazette printed by the Government Printer (Interpretation Acts 1948 and 1967, s 61).