Currency Regulations (Amendment) (Cth)

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Statutory

Rules1991No. 307 1

__________________

Currency Regulations (Amendment)

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

 Dated 9 October 1991.

  BILL HAYDEN

 Governor-General

 By His Excellency’s Command,

R. F. McMULLAN

Parliamentary Secretary to the Treasurer

for and on behalf of the

Treasurer

____________

1.   Commencement

1.1   These Regulations commence on 10 October 1991.

2.   Amendment

2.1   The Currency Regulations are amended as set out in these Regulations.

3.   Regulation 7 (The Schedule to the Act)

3.1   Add at the end:

“(9)

The Act has effect, on and after 10 October 1991, as if:

  • (a)

    the reference in the Schedule, opposite to the reference to ‘Twenty cents’, to the standard composition of coins of that denomination included the expression ‘92.5% silver and 7.5% other metal’; and

  • (b)

    the reference in the Schedule, opposite to the reference to ‘Ten cents’, to the standard composition of coins of that denomination included the expression ‘92.5% silver and 7.5% other metal’; and

  • (c)

    the reference in the Schedule, opposite to the reference to ‘Five cents’, to the standard composition of coins of that denomination included the expression ‘92.5% silver and 7.5% other metal’; and

  • (d)

    the reference in the Schedule, opposite to the reference to ‘Two cents’, to the standard composition of coins of that denomination included the expression ‘92.5% silver and 7.5% other metal’; and

  • (e)

    the reference in the Schedule, opposite to the reference to ‘One cent’, to the standard composition of coins of that denomination included the expression ‘92.5% silver and 7.5% other metal’.”.

4.   Schedule (Weight, dimensions and remedy of coins)

4.1   After item 34, insert:

 “34a

20 cents

92.5% silver and 7.5% other metal

 

13.09

28.65

2.52

0.22”.

4.2   After item 35, insert:

 “35a

10 cents

92.5% silver and 7.5% other metal

 

6.52

23.72

1.98

0.16”.

4.3   After item 36, insert:

 “36a

5 cents

92.5% silver and 7.5% other metal

 

3.27

19.53

1.55

0.11”.

4.4   After item 37, insert:

 “37a

2 cents

92.5% silver and 7.5% other metal

 

6.06

21.72

2.03

0.13”.

4.5   After item 38, insert:

 “38a

1 cent

92.5% silver and 7.5% other metal

 

3.01

17.65

1.58

0.09”.

____________________________________________________________

NOTES

1. Notified in the Commonwealth of Australia Gazette on 9 October 1991.

 

2. Statutory Rules 1966 No. 21 as amended by 1969 No. 137; 1970 No. 31; 1975 No. 139; 1977 No. 17; 1980 No. 288; 1981 Nos. 199 and 344; 1984 No. 29; 1985 Nos. 241 and 369; 1986 Nos. 83 and 358; 1987 Nos. 142, 196 and 300; 1988 Nos. 31, 45, 137, 200 and 380; 1989 Nos. 103, 229, 231, 252 and 278; 1990 Nos. 60, 300 and 459; 1991 Nos. 31 and 149.

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