Currency (Royal Australian Mint) Determination 2006 (No. 4) (Cth)

Currency (Royal Australian Mint) Determination 2006 (No. 4)

Currency Act 1965

I, CHRIS PEARCE, Parliamentary Secretary to the Treasurer, make this Determination under subsection 13A (1) of the Currency Act 1965.

Dated 11 December 2006

CHRIS PEARCE

Parliamentary Secretary to the Treasurer

Contents

1Name of Determination   2

2Commencement   2

3Definition   2

4Specification of coin   2

5Application of Determination   2

Schedule 1Specification of coin   3

1. Name of Determination

This Determination is the Currency (Royal Australian Mint) Determination 2006 (No. 4).

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 coin

For subsection 13A (1) of the Act, item 1 of Schedule 1 specifies, for a coin having the denomination and standard composition specified in the item:

(a)    the coin’s standard weight, and the allowable variation from that weight; and

(b)    the coin’s dimensions; and

(c)    the coin’s design.

1. Application of Determination

The specification in Schedule 1 does not affect any other determination of the specification of a coin.

Schedule 1        Specification of coin

(section 4)

Item 1

$1 coin

Denomination

$1

Standard composition

Copper, aluminium and nickel

Standard weight and allowable variation

9.00g ± 0.280g

Maximum diameter

25.12mm

Maximum thickness

2.80mm

Shape

Circular

Edge

14 segments, of which 7 are milled and 7 are plain

Obverse

The inscriptions:

     (a)   ‘ELIZABETH II’; and

    (b)   ‘AUSTRALIA 2007’;

surrounding

     (c)   an effigy of Queen Elizabeth II; and

    (d)   the monogram ‘IRB’.

Reverse

A design consisting of the inscriptions:

     (a)   ‘APEC AUSTRALIA 2007’; and

    (b)   ‘ONE DOLLAR’;

surrounding the APEC sun (the centrepiece of the APEC AUSTRALIA 2007^TM logo) enclosed by a circle.