Section 302Part 11 — Forgery, Coining and Counterfeiting
Preparations for coining
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302. A person who —
gilds or silvers any piece of metal of a fit size or figure to be coined, with the intent that it shall be coined into counterfeit coin;
makes any piece of metal into a fit size or figure to facilitate the coining from it of any counterfeit coin, with intent that such counterfeit coin shall be made from it; or
without lawful authority or excuse, the proof of which is on that person —
buys, sells, receives, pays or disposes of any counterfeit coin at a rate lower than it imports or is apparently intended to import, or offers to do any such thing;
brings or receives into the Islands any counterfeit coin knowing it to be counterfeit;
makes or mends, or begins or prepares to make or mend or has in that person’s possession, or disposes of any stamp or mould which is adapted to make the resemblance of both or either of the sides of any coin, or any part of any side thereof, knowing the same to be a stamp or mould to be so adapted;
makes or mends or begins or prepares to make or mend, or has in that person’s possession, or disposes of any tool, instrument or machine which is adapted or intended to be used for marking coin round the edges with marks or figures apparently resembling those on the edges of any coin knowing the same to be so adapted and intended; or
makes or mends or begins or prepares to make or mend or has in that person’s possession, or disposes of any press for coinage, or any tool, instrument or machine which is adapted for cutting blanks out of gold, silver or other metal, knowing such press, tool, instrument or machine to have been used or to be intended to be used for making any counterfeit coin,
commits an offence, and, if the offence is committed with respect to current coin, is liable to imprisonment for life, or, in the case of current coin of a foreign Sovereign or State, to imprisonment for seven years.