Currency (Perth Mint) Determination (No. 2) 2018 (Cth)

Case

Currency (Perth Mint) Determination (No. 2) 2018

I, Michael Sukkar, Assistant Minister to the Treasurer, make the following determination.

Dated:  26th April 2018

Michael Sukkar

Assistant Minister to the Treasurer

Contents

1............ Name............................................................................................................................. 1

2............ Commencement............................................................................................................. 1

3............ Authority....................................................................................................................... 1

4............ Definitions..................................................................................................................... 1

5............ Specification of denominations and standard composition............................................ 1

6............ Standard weight, design and dimensions of coins......................................................... 2

Schedule 1—Standard composition, standard weight, design and dimensions of coins of specified denominations   2

Part 1—Specifications of coins   2

1............ Specifications................................................................................................................ 2

Part 2—Explanation of symbols   3

2............ Symbols used in Part 1.................................................................................................. 3

1  Name

This is the Currency (Perth Mint) Determination (No. 2) 2018.

2  Commencement

(1)  Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

Commencement information
Column 1 Column 2 Column 3
Provisions Commencement Date/Details
1.  The whole of this instrument The day after this instrument is registered.

Note:          This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument.

(2)  Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.

3  Authority

This instrument is made under paragraph 13(2)(b) and subsection 13A(1) of the Currency Act 1965.

4  Definitions

In this instrument:

Act means the Currency Act 1965.

5Specification of denominations and standard composition

(1) This section is made for paragraph 13(2)(b) of the Act.

(2)  The Act has effect, on and after the day on which this instrument commences, as if:

(a)  there were included in the Schedule to the Act the references to denominations of money specified in Part 1 of Schedule 1 to this instrument; and

(b)  there were specified in the Schedule to the Act opposite to each such denomination, as the standard composition of coins of that denomination, the standard composition specified for the denomination in Part 1 of Schedule 1 to this instrument.

(3) This section does not affect any other provision of a determination made for paragraph 13(2)(b) of the Act.

6  Standard weight, design and dimensions of coins

(1) This section is made for subsection 13A(1) of the Act.

(2)  On and after the day on which this instrument commences, each item of the table in Part 1 of Schedule 1 to this instrument specifies the standard weight, the allowable variation from that standard weight, the design and the dimensions of the coin whose denomination and standard composition is specified in that item.

(3)  Each item of the table in Part 2 of Schedule 1 to this instrument explains a symbol used to describe the design of coins specified in Part 1 of Schedule 1.

(4) This section does not affect any other provision of a determination made for subsection 13A(1) of the Act.

Schedule 1— Standard composition, standard weight, design and dimensions of coins of specified denominations

Note:       See sections 5 and 6.

Part 1—Specifications of coins

1  Specifications

Each item of the following table specifies the standard composition, the standard weight, the allowable variation from that standard weight, the design and the dimensions of a coin whose denomination and standard composition are specified in that item.

Specifications of coins
Item Denomination Standard composition Standard weight and allowable variation (g) Maximum diameter or other dimension (mm) Maximum thickness (mm) Shape Edge Obverse Reverse
1 $25 At least 99.99% gold 7.807 ± 0.030 20.60 2.00 S1 E1 O1 R1
2 $1 At least 99.99% silver 31.607 ± 0.500 40.60 3.21 S1 E1 O2 R2
3 $1 Aluminium and Bronze 13.500 ± 1.00 30.60 3.00 S1 E1 O3 R2

Part 2—Explanation of symbols

  1. Symbols used in Part 1

Each item of the following table contains an explanation of a symbol used in Part 1 of this Schedule to describe the shape, edge design, obverse design and reverse design of a coin.

Explanation of symbols used in Part 1
Item Design Feature Symbol Explanation
1 Shape S1 Circular
2 Edge E1 Continuously milled
3 Obverse O1

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

(a) “ELIZABETH II”;

(b) “AUSTRALIA”;

(c) “25 DOLLARS”;

(d) “2018”;

(e) “1/4oz 9999 GOLD; and

(f) “IRB”.

4 Obverse O2

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

(a) “ELIZABETH II”;

(b) “AUSTRALIA”;

(c) “1 DOLLAR”;

(d) “2018”;

(e) “1oz 9999 Ag; and

(f) “IRB”.

5 Obverse O3

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

(a) “· ELIZABETH II”;

(b) “· AUSTRALIA 2018 ·”;

(c) “1 DOLLAR”; and

(d) “IRB”.

7 Reverse R1

A design consisting of wedding bells with a bow and a sprig of myrtle, a partial border of filigree in the foreground, horizontal lines in the background and the following:

(a) “H.R.H.”;

(b) “PRINCE HENRY”;

(c) “OF WALES”;

(d) “&”;

(e) “MS MEGHAN”;

(f) “MARKLE”;

(g) “19 MAY”;

(h) “2018”;

(i) “NM”; and

(j) “P”.

8 Reverse R2

A design consisting of a partial circular border with filigree and horizontal lines, a coloured representation of Prince Henry of Wales and Ms Meghan Markle superimposed on a representation of St George’s Chapel and Windsor Castle and the following:

(a) “H.R.H. PRINCE HENRY OF WALES & MS MEGHAN MARKLE”;

(b) “19 MAY”;

(c) “2018”;

(d) “NM”; and

(e) “P”.

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