Section 157

Any person who, with intent to defraud, utters as and for current gold or silver coin-

(a) any coin which is not current coin; or defraud.

(b) any medal or piece of metal, whether a coin or not which is of less value than the current coin as and for which it is uttered; is guilty of a misdemeanour, and is liable to imprisonment for one year. A person found committing the offence may be arrested without warrant.