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Regulations Governing the Issurance of Banknotes and Coins

Standards for Redemption of Soiled or Mutilated Currency Notes and Coins Unfit for Circulation

Article 195
A person who counterfeits or alters a currently used coin, paper currency, or banknote with the intention to circulate shall be sentenced to imprisonment for not less than five years; in addition thereto, a fine of not more than five thousand yuan may be imposed.
An attempt to commit the offense specified in the preceding paragraph is punishable.

 

Article 196
A person who circulate a counterfeit or altered coin, paper currency, or banknote or who collects it from or delivers it to another with the intention to circulate shall be sentenced to imprisonment for not less than three years but not more than ten years; in addition thereto, a fine of not more than five thousand yuan may be imposed.
A person who does not know that the coin, paper currency, of banknote he has possessed is counterfeit and after receiving it, circulate or with the intention to delivers it to another shall be sentenced to a fine of not more than five hundred yuan.
An attempt to commit the offense specified in paragraph 1 is punishable.

 

Article 197
A person who reduces the weight of a coin with the intention to circulate shall be sentenced to imprisonment for not more than five years; in addition thereto, a fine of not more than three thousand yuan may be imposed.
An attempt to commit the offense provided in the proceeding paragraph is punishable.

 

Article 198
A person who circulate a coin of reduced weight or who collects it from or delivers it to another with the intention to circulate shall be sentenced to imprisonment for not more than three years; in addition thereto, a fine of not more than one thousand yuan maybe imposed.
A person who knows the coin is of reduced weight after he receives it, still circulates or with the intention to circulate to delivers it to another shall be sentenced to a fine of not more than one hundred yuan.
An attempt to commit the offense specified in paragraph 1 is punishable.

 

Article 199
A person who manufactures, delivers, or receives an instrument or material with the intention that it be used to counterfeit or alter a currently used coin, paper currency, or banknote or that it be used to reduce the weight of a currently used coin shall be sentenced to imprisonment for not more than five year; in addition there, a fine of not more than one thousand yuan be imposed.

 

Article 200
A counterfeit or altered currently used coin, paper currency, or banknote, coin of reduced weight, or an instrument or material specified in the preceding article shall be confiscated whether or not it belongs to the offender.
 

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