Currency (Royal Australian Mint) Determination 2010 (No. 1) (Cth)

Case

Currency (Royal Australian Mint) Determination 2010 (No. 1)1

Currency Act 1965

I, NICK SHERRY, Assistant Treasurer, make this Determination under paragraph 13 (2) (a) and subsection 13A (1) of the Currency Act 1965.

Dated 25 February 2010

NICK SHERRY

Assistant Treasurer

  1. Name of Determination

This Determination is the Currency (Royal Australian Mint) Determination 2010 (No. 1).

  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 standard composition

(1)   For paragraph 13 (2) (a) of the Act, the Act has effect, on and after the day on which this Determination commences, as if the reference in the Schedule to the Act, opposite to the denomination of $25, to the standard composition of coins of that denomination included a reference to the standard composition of ‘At least 99.99% gold’.

(2)   The standard composition mentioned in subsection (1) for a denomination is specified in the Schedule to the Act in addition to any other standard composition that is, or is taken to be, specified in the Schedule to the Act for that denomination immediately before the day on which this Determination commences.

  1. Standard weight, variation, dimension and design

(1)   For subsection 13A (1) of the Act, on and after the day on which this Determination commences, each item in the Schedule specifies, for a coin having the denomination and standard composition mentioned in the item (being a coin whose denomination is specified, or taken to be specified, in the Schedule to the Act):

(a)    the coin’s standard weight; and

(b)    the allowable variation from that standard weight; and

(c)    the coin’s dimensions; and

(d)    the coin’s design.

(2)   Subsection (1) does not affect any other determination of the standard weight, variation, dimensions or design of a coin made under subsection 13A (1) of the Act.

Schedule              

(section 5)

Part 1          Specifications of coins

Item Denomination Standard composition Standard weight and allowable variation (g) Dimensions Design
Maximum diameter (mm) Maximum thickness (mm) Shape Edge Obverse Reverse
1 20c Copper and nickel 11.30 ± 0.33 28.65 2.52 S1 E1 O1 R1
2 $25 At least 99.99% gold 6.22 + 0.09 21.69 0.893 S1 E1 O2 R2
3 $25 At least 99.99% gold 6.22 + 0.09 21.69 0.893 S1 E1 O2 R3
4 $25 At least 99.99% gold 6.22 + 0.09 21.69 0.893 S1 E1 O2 R4

Part 2          Explanation of symbols

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)   ‘IRB’;

    (b)   ‘ELIZABETH II’;

     (c)   ‘AUSTRALIA 2010’

4 Obverse O2

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

     (a)   ‘IRB’;

    (b)   ‘ELIZABETH II’;

     (c)   ‘AUSTRALIA 2010’;

    (d)   ‘25 DOLLARS’

5 Reverse R1

A design consisting of a representation of the ‘Cobbers’ statue and the following:

     (a)   ‘20’;

    (b)   ‘AUSTRALIA REMEMBERS’;

     (c)   ‘LOST SOLDIERS OF FROMELLES’

6 Reverse R2

A design consisting of:

     (a)   a representation of a kangaroo and its shadow; and

    (b)   in the background and near the kangaroo’s nose — a representation of a windmill; and

     (c)   ‘1/5 oz. 9999 Au’

7 Reverse R3

A design consisting of:

     (a)   a representation of a kangaroo and its shadow, superimposed on a windmill; and

    (b)   ‘1/5 oz. 9999 Au’

8 Reverse R4

A design consisting of:

     (a)   a representation of a kangaroo and its shadow; and

    (b)   in the background and near the kangaroo’s tail — a representation of a windmill; and

     (c)   ‘1/5 oz. 9999 Au’

Note

1.       All legislative instruments and compilations are registered on the Federal Register of Legislative Instruments kept under the Legislative Instruments Act 2003. See

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