Possession of paper for notes

Every person who, without lawful authority or excuse (the proof whereof shall lie on the person accused), makes use of or knowingly has in his possession any paper with any word, figure, device or distinction peculiar to and appearing in the substance of the paper used for currency notes or any material upon which the whole or part of any note purporting to resemble a currency note shall have been engraved or made or any facsimile of the signature of any person whose signature lawfully appears on notes still in circulation, shall be guilty of an offence, and shall on conviction be liable to imprisonment for a term not exceeding five years. 134