Currency (Royal Australian Mint) Determination 2014 (No. 3) (Cth)

Currency (Royal Australian Mint) Determination 2014 (No. 3)

I, Steven Ciobo, Parliamentary Secretary to the Treasurer, make the following determination under subsection 13A(1) of the Currency Act 1965.

Dated   7 April             2014

Steven Ciobo

Parliamentary Secretary to the Treasurer

Contents

1	Name of determination .............................................................................................	1
2	Commencement ........................................................................................................	1
3	Authority ...................................................................................................................	1
4	Definition ..................................................................................................................	1
5	Standard weight, design and dimension of coins ......................................................	1

Schedule 1 – Standard weight, design and dimension of coins			2
Part 1 – Specifications of coins			2
1	Specifications.............................................................................................................	2
Part 2 – Explanation of Symbols			3
2	Symbols used in Part 1 of Schedule .........................................................................	3

1  Name of determination

This determination is the Currency (Royal Australian Mint) Determination 2014 (No. 3).

2  Commencement

This determination commences on the day after it is registered.

3  Authority

This determination is made under the subsection 13A(1) of the Currency Act 1965.

4  Definition

In this determination:

Act means the Currency Act 1965.

5  Standard weight, design and dimension of coins

(1) This section is made for subsection 13A(1) of the Act.

(2)  On and after the day when this determination commences, each item of the table in Part 1 of Schedule 1 specifies the standard weight, the allowable variation from that standard weight, the design and the dimensions of a coin whose denomination is specified, or taken to be specified, in the Schedule to the Act.

(3)  Each item of the table in Part 2 of Schedule 1 explains a symbol used to describe the design of coins in Part 1 of Schedule 1.

(4) This determination does not affect any other determination made under subsection 13A(1) of the Act.

Schedule 1—Standard weight, design and dimension of coins

Note:       See section 5.

Part 1—Specifications of coins

1  Specifications

The following table specifies the standard weight, the allowable variation from that standard weight, the design and the dimensions of each coin.

Specifications of coins
Item	Denomination	Standard composition	Standard weight and allowable variation (g)	Maximum diameter (mm) or other dimension	Maximum thickness (mm)	Shape	Edge	Obverse	Reverse
1	$5	At least 99.9% silver	31.103 + 1.80	40.60	4.00	S1	E1	O1	R1

Part 2—Explanation of symbols

1. Symbols used in Part 1 of Schedule

The following table contains explanations of the symbols used in Part 1 of this Schedule to describe the shape, edge design, obverse design and reverse design of coins.

Explanation of symbols used in Part 1
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) ‘ELIZABETH II’; (b) ‘AUSTRALIA’; (c) the inscription, in numerals, of a year; (d) Arabic numerals for the amount, in dollars, of the denomination of the coin, followed by ‘DOLLAR’, or ‘DOLLARS’ as the case requires; (e) ‘IRB’; (f) 2 representations of a dot
4	Reverse	R1	A design consisting of: (a) in the foreground, a stylised representation of the Victoria Cross for Australia medal; and (b) in the background, a series of stylised geometric design elements incorporating alternating triangular shapes and triangular shapes superimposed on trapezoidal shapes; and (c) a representation of foliage on either side of the letter ‘V’, arranged in a repetitive pattern immediately inside the outer edge of the coin; and (d) ‘THE VICTORIA CROSS FOR AUSTRALIA’