Currency (Perth Mint) Determination 2010 (No. 2) (Cth)

Case

Currency (Perth Mint) Determination 2010 (No. 2)1

Currency Act 1965

I, NICK SHERRY, Assistant Treasurer, make this Determination under paragraph 13 (2) (b) and section 13A of the Currency Act 1965.

Dated 31 August 2010

NICK SHERRY

Assistant Treasurer

  1. Name of Determination

This Determination is the Currency (Perth Mint) Determination 2010 (No. 2).

  1. Commencement

This Determination commences on the day after it is registered.

  1. Definition

In this Determination:

Act means the Currency Act 1965.

  1. Specification of denomination and standard composition

For paragraph 13 (2) (b) of the Act, the Act has effect, on and after the day on which this Determination commences, as if:

(a)    there were included in the Schedule to the Act, a reference to the denomination ‘60c’; and

(b)    there were specified in the Schedule to the Act, opposite to that denomination, as the standard composition of a coin of that denomination ‘At least 99.9% silver’.

  1. Specification of standard weight, variation, design and dimension

(1)   For subsection 13A (1) of the Act, on and after the day on which this Determination commences, each item in Part 1 of Schedule 1 specifies, for a coin having the denomination and standard composition mentioned in the item (being a coin whose denomination is specified, or taken to be specified, in the Schedule to the Act):

(a)    the coin’s standard weight; and

(b)    the allowable variation from that standard weight; and

(c)    the coin’s dimensions; and

(d)    the coin’s design.

(2)   Subsection (1) does not affect any other determination of the standard weight and allowable variation, dimensions or design of a coin, made under subsection 13A (1) of the Act.

  1. Design – explanation of symbols

Each item in the table in Part 2 of Schedule 1 explains a symbol used to describe the design of coins in Part 1 of Schedule 1.

Schedule 1

(sections 5 and 6)

Part 1          Specifications of coin

Item Denomination Standard composition Standard weight and allowable variation (g) Dimensions Design
Maximum diameter (mm) Maximum thickness (mm) Shape Edge Obverse Reverse
1 60c At least 99.9% silver 16.073 ± 0.500 26.60 x 37.60 (dimensions of rectangle) 2.00 S1 E1 O1 R1

Part 2          Design of coin — explanation of symbols

Item Design Feature Symbol Explanation
1 Shape S1 Rectangular
1 Edge E1 Serrated
1 Obverse O1

A design consisting of an effigy of Queen Elizabeth II and the following:

     (a)   ‘IRB’;

    (b)   ‘ELIZABETH II’;

     (c)   ‘AUSTRALIA 2010’;

    (d)   ‘1/2oz 999 SILVER’.

1 Reverse R1

A design, in colour proof finish, consisting of:

     (a)   a representation of Mary MacKillop against a background of horizontal lines; and

    (b)   a representation of Mary MacKillop’s signature; and

     (c)   the following:

            (i)   ‘1842-1909’;

           (ii)   ‘60c’;

          (iii)   ‘AUSTRALIA’;

          (iv)   ‘P’.

Note

1.       All legislative instruments and compilations are registered on the Federal Register of Legislative Instruments kept under the Legislative Instruments Act 2003. See

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