CHAPTER EIGHTEEN
ECONOMIC CRIMES
Article 18.7. Making, using of counterfeited money, securities or payment instruments
1.Making or saving, using, transporting, spreading of knowingly counterfeited securities, electronic cards, other payment instruments, excise stamp or financial document shall be punishable by a fine equal to from five thousand four hundred to twenty seven thousand units, or imprisonment for a term from one to five years.
2.Making or using, saving, transporting and spreading of knowingly counterfeited national currency which is used as Mongolian payment instrument, or foreign currency shall be punishable by imprisonment for a term from two to eight years.
3.If the same crime has been committed by an organized criminal group, it shall be punishable by imprisonment for a term from five to twelve years.
4.If the same crime has been committed on behalf of legal person or for the interest of a legal person, the legal person shall be punished by deprivation of the right to conduct a particular activity with a fine from one hundred and twenty thousand to four hundred thousand units.