Your question: Is it illegal to print money Singapore?

shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $2,000. subsection (1)(c) for any printing or stamping, or by any like means any writing or impressing, of any mark, word, letter or figure on a currency note, that is caused by the activation of the IBNS.

Is writing on money illegal in Singapore?

a currency note shall be deemed to have been illegally dealt with where the note has been impaired, diminished or affected otherwise than by fair wear and tear, or has been defaced by writing or impressing on any note any mark, word, letter or figure or by perforation, cutting, splitting or in any other manner, whether …

Where can I print money in Singapore?

In SG, the Monetary Authority of Singapore (MAS) produces notes and coins. In the US, the Bureau of Engraving & Printing prints notes while the US Mint produces coins. Both of them come under the Treasury Department.

Is it illegal to sell Singapore notes?

69) (CA) , currency notes and coins issued by MAS are legal tender in Singapore. As legal tender, they are recognised by law to be valid means of payment.

How long can you go to jail for printing money?

Under federal law, the use or attempted use of counterfeit currency is illegal if the person has the intent to defraud the recipient. A conviction for the offense carries up to 20 years in prison and a fine.

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Is it illegal to not flush the toilet in Singapore?

Forgetting to flush the toilet

Flickr/dirtyboxface While flushing a public toilet is common courtesy, in Singapore, there is an actual law against it. If you’re caught leaving without flushing the toilet, you’re looking at a fine of around $150.

Is it a crime to tear up money?

Under section 333 of the U.S. Criminal Code, “whoever mutilates, cuts, defaces, disfigures, or perforates, or unites or cements together, or does any other thing to any bank bill, draft, note, or other evidence of debt issued by any national banking association, or Federal Reserve bank, or the Federal Reserve System, …

What can I do with old Singapore notes?

You don’t need to change the old Singapore currency notes at the bank for new ones. The 1st Singapore currency circulation notes (issued from 1967to 1976) are still legal tender and can be used on the streets and shops. BTW, the Singapore Central Bank is known as “Monetary Authority of Singapore” (MAS).

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