Crimes and Penalties Law

Article 243 — Article (243)

Book Two: Crimes and their Penalties · Chapter Five: Counterfeiting Money and Government Securities: Article (239)

A penalty of imprisonment for a period not exceeding one year and a fine not exceeding (50,000) fifty thousand AED shall be imposed on whoever, in good faith, accepts a counterfeit or forged currency coin or note or governmental security, then deals therewith after knowing of such counterfeit, forgery or falsification. A penalty of imprisonment for a period not exceeding one year or a fine not exceeding (5,000) five thousand AED shall be imposed on whoever refuses to accept a valid national currency at its lawfully denominated value.

WAWhatsAppTGTelegram