Currency Determination No. 1 of 1998 (Cth)

Currency Determination No. 1 of 1998

as amended

made under subsection 13A (1) of the

Currency Act 1965

This compilation was prepared on 28 March 2006
taking into account amendments up to Currency Determination No. 6 of 1998

Prepared by the Office of Legislative Drafting and Publishing,
Attorney‑General’s Department, Canberra

Contents

1Citation [see Note 1]   3

2Commencement   3

3Specifications of coins   3

4Application of Determination   3

Schedule4

Part 1Specifications of coins   4

Part 2Explanation of symbols   4

Notes 6

1. Citation [see Note 1]

   This Determination may be cited as the Currency Determination No. 1 of 1998.

1. Commencement

   This Determination commences on 15 February 1998.

1. Specifications of coins

   This Determination specifies, for a coin having the denomination and standard composition specified in columns 1 and 2 of Part 1 of the Schedule, the standard weight, the allowable variation from that weight, the dimension and the design set out in columns 3, 4 and 5 of that Part.

1. Application of Determination

This Determination does not affect any other determination of the specifications of a coin.

Schedule            

(clause 3)

Part 1          Specifications of coins

Column 1	Column 2	Column 3	Column 4		Column 5
Denomination (and nominal weight in ounces)	Standard composition	Standard weight and allowable variation (g)	Dimensions		Design
			(1) Diameter (mm)	(2) Thickness (mm)	(1) Shape	(2) Edge	(3) Obverse	(4) Reverse
$5 (1/20 oz)	Not less than 99.99% gold	1.571 ± 0.015	14.10	1.40	S1	E1	O1	R60
$15 (1/10 oz)	Not less than 99.99% gold	3.133 ± 0.022	16.10	1.50	S1	E1	O1	R60
$25 (1/4 oz)	Not less than 99.99% gold	7.807 ± 0.030	20.10	2.00	S1	E1	O1	R60
$50 (1/2 oz)	Not less than 99.99% gold	15.594 ± 0.040	25.10	2.40	S1	E1	O1	R60
$100 (1 oz)	Not less than 99.99% gold	31.162 ± 0.055	32.10	2.80	S1	E1	O1	R60
$200 (2 oz)	Not less than 99.99% gold	62.265 ± 0.050	40.60	4.00	S1	E1	O1	R60

Part 2          Explanation of symbols

Design Feature	Symbol	Explanation
Shape	S1	Circular
Edge	E1	Milled
Obverse	O1	A circle of raised beads, immediately inside the rim, enclosing:      (a)   the inscriptions:             (i)   “ELIZABETH II”; and            (ii)   “AUSTRALIA”; and     (b)   an inscription stating, in arabic numerals, the amount, in dollars, of the coin, followed by the word “DOLLARS”; that, in turn, surround an effigy of the Queen.
Reverse	R60	A circle of raised beads, immediately inside the rim, enclosing the inscriptions:      (a)   ‘THE AUSTRALIAN NUGGET X OZ. 9999 GOLD’ (where ‘X’ is the nominal weight, in ounces, of the coin expressed as a common fraction, or whole number, in arabic numerals); and     (b)   ‘1998’ or ‘1999’; that, in turn, surround:      (c)   a representation of a joey kangaroo; and     (d)   either:             (i)   for a coin dated 1998 — the inscription ‘P’; or            (ii)   for a coin dated 1999 — the inscription ‘P100’; superimposed on a sunburst design.

Notes to the Currency Determination No. 1 of 1998

Note 1

The Currency Determination No. 1 of 1998 (in force under subsection 13A (1) of the Currency Act 1965) as shown in this compilation is amended as indicated in the Tables below.

Table of Instruments

Title	Date of notification in Gazette	Date of commencement	Application, saving or transitional provisions
Currency Determination No. 1 of 1998	11 Feb 1998 (see Gazette 1998, No. GN6)	15 Feb 1998
Currency Determination No. 6 of 1998	4 Nov 1998 (see Gazette 1998, No. GN44)	16 Oct 1998	—

Table of Amendments

ad. = added or inserted      am. = amended      rep. = repealed      rs. = repealed and substituted
Provision affected	How affected
Schedule
Schedule...............................	am. 1998 No. 6