Currency (Royal Australian Mint) Amendment Determination 2013 (No. 3) (Cth)

Currency (Royal Australian Mint) Amendment Determination 2013 (No. 3)

I, Bernie Ripoll, Parliamentary Secretary to the Treasurer, make the following instrument under the Currency Act 1965.

Dated:  11 July 2013

Bernie Ripoll

Parliamentary Secretary to the Treasurer

Contents

1............ Name of determination.................................................................................................. 1

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

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

4............ Schedule(s).................................................................................................................... 1

Schedule 1—Amendments  2

Currency Regulations  2

Currency (Royal Australian Mint) Determination 2009 (No. 5)  4

Currency (Royal Australian Mint) Determination 2011 (No. 3)  5

1  Name of determination

This determination may be cited as the Currency (Royal Australian Mint) Amendment Determination 2013 (No. 3).

2  Commencement

This determination commences on the day after it is registered.

3  Authority

This determination is made under the Currency Act 1965.

4  Schedule(s)

Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.

Schedule 1—Amendments

Currency Regulations

1  Item 26 of the Schedule

Repeal the item, substitute:

26	$2 (circulating condition)	Copper, aluminium and nickel	6.60	20.62	3.00	0.26
26A	$2 (uncirculated condition)	Copper, aluminium and nickel	6.60	20.62	3.70	0.60
26B	$2 (proof condition)	Copper, aluminium and nickel	6.60	20.62	3.70	0.60
26C	$2	Not less than 99.9% silver	8.55	20.70	3.40	0.25
26D	$2	Not less than 99.9% gold	15.90	20.80	3.50	0.15

2  Item 28 of the Schedule

Repeal the item, substitute:

28	$1 (circulating condition)	Copper, aluminium and nickel	9.00	25.12	2.80	0.28
28A	$1 (uncirculated condition)	Copper, aluminium and nickel	9.00	25.12	3.46	0.66
28B	$1 (proof condition)	Copper, aluminium and nickel	9.00	25.12	3.46	0.66
28C	$1	Not less than 99.9% silver	11.66	25.20	3.25	0.30
28D	$1	Not less than 99.9% gold	21.50	25.20	3.30	0.18

3  Item 31 of the Schedule

Repeal the item, substitute:

31	50 cents (circulating condition)	Copper and nickel	15.55	31.65	2.80	0.40
31A	50 cents (uncirculated condition)	Copper and nickel	15.55	31.65	3.16	0.96
31B	50 cents (proof condition)	Copper and nickel	15.55	31.65	3.16	0.96
31C	50 cents	Not less than 99.9% silver	18.24	31.65	3.20	0.50
31D	50 cents	Not less than 99.9% gold	33.63	31.79	3.30	0.25

4  Item 34 of the Schedule

Repeal the item, substitute:

34	20 cents (circulating condition)	Copper and nickel	11.30	28.65	2.52	0.33
34AA	20 cents (uncirculated condition)	Copper and nickel	11.30	28.65	2.92	0.78
34AB	20 cents (proof condition)	Copper and nickel	11.30	28.65	2.92	0.78
34AC	20 cents	Not less than 99.9% silver	13.36	28.72	2.80	0.40
34AD	20 cents	Not less than 99.9% gold	24.36	28.78	2.95	0.20

5  Item 35 of the Schedule

Repeal the item, substitute:

35	10 cents (circulating condition)	Copper and nickel	5.65	23.72	1.98	0.20
35AA	10 cents (uncirculated condition)	Copper and nickel	5.65	23.72	2.11	0.49
35AB	10 cents (proof condition)	Copper and nickel	5.65	23.72	2.11	0.49
35AC	10 cents	Not less than 99.9% silver	6.57	23.80	2.20	0.30
35AD	10 cents	Not less than 99.9% gold	12.14	23.85	2.35	0.15

6  Item 36 of the Schedule

Repeal the item, substitute:

36	5 cents (circulating condition)	Copper and nickel	2.83	19.53	1.55	0.13
36AA	5 cents (uncirculated condition)	Copper and nickel	2.83	19.53	1.78	0.33
36AB	5 cents (proof condition)	Copper and nickel	2.83	19.53	1.78	0.33
36AC	5 cents	Not less than 99.9% silver	3.24	19.60	1.80	0.30
36AD	5 cents	Not less than 99.9% gold	6.03	19.65	1.95	0.10

7  After item 37A of the Schedule

Insert:

37B	2 cents	Not less than 99.9% silver	6.15	21.80	2.20	0.35
37C	2 cents	Not less than 99.9% gold	11.31	21.85	2.50	0.15

8  At the end of the Schedule

Add:

39	1 cent	Not less than 99.9% silver	3.00	17.80	1.75	0.30
40	1 cent	Not less than 99.9% gold	5.61	17.80	2.10	0.10

Currency (Royal Australian Mint) Determination 2009 (No. 5)

9  Item 1 of Schedule 1 (paragraph (b) of the obverse design)

Repeal the paragraph, substitute:

(b)  “AUSTRALIA”; and

(c)  the inscription, in numerals, of a year.

Currency (Royal Australian Mint) Determination 2011 (No. 3)

10  Item 9 of Part 2 of Schedule 1 (paragraph (c) of the explanation of symbols)

Repeal the paragraph, substitute:

(c)  “AUSTRALIA”;

(d)  the inscription, in numerals, of a year.