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Prohibition of melting down, etc., of coins.
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15.—(1) It shall not be lawful for any person (other than the Central Bank) except under and in pursuance of a licence issued by the Minister to melt down or break up any coin which has been issued under the repealed enactments or this Act or which is for the time being current in any country other than the State.
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(2) If any person—
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(a) acts in contravention of this section, or
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(b) fails to comply with any condition attached to a licence under this section,
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he shall be guilty of an offence and shall be liable—
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(i) on summary conviction to a fine not exceeding one hundred pounds or at the discretion of the court to imprisonment for a term not exceeding one year or to both such fine and such imprisonment, or
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(ii) on conviction on indictment to a fine not exceeding five hundred pounds or at the discretion of the court to imprisonment for a term not exceeding two years or to both such fine and such imprisonment
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and, in addition to any other punishment, the court may order the articles in respect of which the offence was committed to be forfeited.
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