Currency Regulations (Amendment) (Cth)

Statutory Rules 1981 No. 3441

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Currency Regulations2(Amendment)

I, THE GOVERNOR-GENERAL of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, hereby make the following Regulations under the Currency Act 1965.

 Dated 19 November 1981.

 ZELMAN COWEN

 Governor-General

 By His Excellency’s Command,

JOHN HOWARD

Treasurer

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1. Regulations 2 and 3 of the Currency Regulations are repealed and the following regulations substituted:

Interpretation

 “2. In these Regulations, unless the contrary intention appears, ‘the Act’ means the Currency Act 1965.

Standard weight of coins

 “3. For the purposes of section 13 of the Act, the standard weight of each coin to which that section applies is the standard weight specified in Column 2 of the Schedule in relation to the denomination of the coin.”.

Designs of coins

 2. Regulation 4 of the Currency Regulations is amended—

• (a)

  by omitting from sub-paragraph (d) (vi) “or (viiiA)” and substituting “, (viiiA) or (viiiB)”;

• (b)

  by inserting after sub-paragraph (d) (viiiA) the following sub-paragraphs:

   “(viiib) in the case of a coin of the denomination of 50 cents that refers on its obverse side to the year 1982 as the year of the coin—the inscriptions ‘XII COMMONWEALTH GAMES BRISBANE’ and ‘50 CENTS’ and a representation of the XII Commonwealth Games symbol superimposed on a map of Australia that is surrounded by 12 representations of a persons engaged in various sporting activities.

   (viiic) in the case of a coin of the denomination of $10 that refers on its obverse side to the year 1982 as the year of the coin—the inscriptions ‘XII COMMONWEALTH GAMES BRISBANE’ and ‘10 DOLLARS’ and a representation of the XII Commonwealth Games symbol superimposed on a map of Australia that is surrounded by 12 shields bearing representations of persons engaged in various sporting activities and is, together with those shields, superimposed on a sunburst design;”;

• (c)

  by inserting “or (xi)” after “sub-paragraph (x)” in sub-paragraph (d) (ix);

• (d)

  by omitting from sub-paragraph (d) (ix) “and” (last occurring); and

• (e)

  by adding at the end thereof the following word and sub-paragraph:

  • “,

    and (xi) in the case of a coin of the denomination of $200 that refers on its obverse side to the year 1982 as the year of the coin—the inscriptions ‘XII COMMONWEALTH GAMES BRISBANE’ and ‘200 DOLLARS’ and a representation of a hurdler and the XII Commonwealth games symbol.”.

 3. Regulations 5 and 6 of the Currency Regulations are repealed and the following regulations substituted:

Dimensions of coins

“5.

For the purposes of paragraph 14 (2) (b) of the Act, the dimensions of each coin to which that paragraph applies are—

• (a)

  for the shortest diameter of a coin of the denomination of 50 cents or for the diameter of a coin of another denomination-a length not exceeding the length specified in Column 3 of the Schedule in relation to the denomination of the coin; and

• (b)

  for the thickness of a coin—a thickness not exceeding the thickness specified in Column 4 of the Schedule in relation to the denomination of the coin.

Remedy in respect of weight of coins

“6.

For the purposes of sub-section 14 (3) of the Act, the allowable remedy in respect of weight in the making of each coin to which that sub-section applies is the remedy specified in Column 5 of the Schedule in relation to the denomination of the coin.”.

Schedules

 4. The Schedules to the Currency Regulations are repealed and the following Schedule is substituted:

SCHEDULE Regulations 3, 5 and 6

PHYSICAL CHARACTERISTICS OF COINS

 

Column 1 Denomination of coin	Column 2 Standard weight	Column 3 Length of shortest diameter or of diameter	Column 4 Thickness	Column 5 Remedy in respect of weight
Grams	Millimeters	Millimeters	Grams
$200................	10.00	24.20	2.00	0.06
$10.................	20.00	34.10	2.90	0.50
50 cents...........	15.55	31.65	2.80	0.40
20 cents...........	11.30	28.65	2.52	0.33
10 cents...........	5.65	23.72	1.98	0.20
5 cents.............	2.83	19.53	1.55	0.13
2 cents.............	5.20	21.72	2.03	0.20
1 cent..............	2.60	17.65	1.58	0.13

Formal amendments

 5. The Currency Regulations are amended as set out in the Schedule.

SCHEDULE Regulation 5

FORMAL AMENDMENTS

 

Provision amended	Omit—	Substitute—
Regulation 4.........................	paragraph (b) of sub-section (2) of section 14 of the Currency Act 1965	paragraph 14 (2) (b) of the Act
Sub-paragraph 4 (a) (i).......	Fifty cents	50 cents
Sub-paragraph 4 (b) (i).......	One cent, Two cents or Fifty cents	1 cent, 2 cents or 50 cents
Sub-paragraph 4 (d) (i).......	One cent	1 cent
Sub-paragraph 4 (d) (ii)......	Two cents	2 cents
Sub-paragraph 4 (d) (iii).....	Five cents	5 cents
Sub-paragraph 4 (d) (iv).....	Ten cents	10 cents
Sub-paragraph 4 (d) (v)......	Twenty cents	20 cents
Sub-paragraph 4 (d) (vi).....	Fifty cents	50 cents
Sub-paragraph 4 (d) (vii)....	Fifty cents	50 cents
Sub-paragraph 4 (d) (viii)...	Fifty cents	50 cents
Sub-paragraph 4 (d) (ix).....	Two hundred dollars	$200

 

NOTES

1. Notified in the Commonwealth of Australia Gazette on 27 November 1981.

2. Statutory Rules 1966 No. 21 as amended to date. For previous amendments see Note 2 to Statutory Rules 1981 No. 199 and see also