A person who uses currency of the Democratic People’s Republic of Korea or currency of a
foreign country knowing that it is counterfeit shall be sentenced to a term of short-term labour of
less than 1 year. A person who counterfeits or has used a large amount of counterfeit currency
shall be sentenced to a term of reform through labour of less than 5 years. In grave cases, he or
she shall be sentenced to a term of reform through labour of more than 5 years and less than 10
years. In cases where a particularly large amount of currency has been counterfeited, he or she
shall be sentenced to a term of reform through labour of more than 10 years.
Article 102 (Counterfeiting Securities and Use of Counterfeited Securities)
A person who counterfeits marketable securities or has used a large amount of counterfeit
marketable securities shall be sentenced to a term of short-term labour of less than 1 year. In
cases where a large amount of marketable securities has been counterfeited or a particularly large
amount of counterfeit marketable securities has been used, he or she shall be sentenced to a term
of reform through labour of less than 5 years.
Article 103 (Illegal Issue, Payment and Use of Cashless Payment Method)
A person who has illegally issued, paid through or used a cashless payment method to cause a
large amount of property loss shall be sentenced to a term of short-term labour of less than 1
year. In cases where a particularly large amount of property loss has been incurred due to the acts
in the foregoing paragraph, he or she shall be sentenced to a term of reform through labour of
less than 5 years.
Article 104 (Violation of Order of Loans)
A bank worker who illegally loans cash shall be sentenced to a term of short-term labour of less
than 1 year. In cases where a particularly large amount of property loss has been incurred due to
the acts in the foregoing paragraph, he or she shall be sentenced to a term of reform through
labour of less than 5 years. In grave cases, he or she shall be sentenced to a term of reform
through labour of more than 5 years and less than 10 years.
Article 105 (Violation of Order of Currency Exchange)
A person who violates the order of currency exchange and causes the State to incur property loss
shall be sentenced to a term of short-term labour of less than 1 year. In grave cases of the acts in
the foregoing paragraph, he or she shall be sentenced to a term of reform through labour of less
than 5 years.
Article 106 (Sale of Currency)
A person who has purchased currency capable of being exchanged at a bank of the Democratic
People’s Republic of Korea for selfish purposes shall be sentenced to a term of short-term labour
of less than 1 year.
Article 107 (Violation of Order of Foreign Currency Management)