Currency (Royal Australian Mint) Determination 2015 (No. 3) (Cth)

Case

Currency (Royal Australian Mint) Determination 2015 (No.  3)

I, Kelly O’Dwyer, Parliamentary Secretary to the Treasurer, make the following determination under paragraph 13(2)(b) and subsection 13A(1) of the Currency Act 1965.

Dated                      13 February 2015          

Kelly O’Dwyer

Parliamentary Secretary to the Treasurer

Contents

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

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

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

4............ Definitions..................................................................................................................... 1

5............ Specification of denominations and standard compositions........................................... 1

6............ 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.................................................................................................. 3

1  Name of determination

This determination is the Currency (Royal Australian Mint) Determination 2015 (No.3).

2  Commencement

This determination commences on the day after it is registered.

3  Authority

This determination is made under paragraph 13(2)(b) and subsection 13A(1) of the Currency Act 1965.

4  Definitions

In this determination:

Act means the Currency Act 1965.

5  Specification of denominations and standard compositions

(1) This section is made for paragraph 13(2)(b) of the Act.

(2)  The Act has effect, on and after the day on which this determination commences, as if:

(a)  there were included in the Schedule to the Act the references to denominations of money specified in Part 1 of Schedule 1 to this determination; and

(b)  there were specified in the Schedule to the Act opposite to each such denomination, as the standard composition of coins of that denomination, the standard composition specified for the denomination in Part 1 of Schedule 1 to this determination.

(3) This section does not affect any other determination made for paragraph 13(2)(b) of the Act.

6  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 specified in Part 1 of Schedule 1.

(4) This section 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 sections 5 and 6.

Part 1—Specifications of coins

1  Specifications

Each item of the following table specifies the standard weight, the allowable variation from that standard weight, the design and the dimensions of a 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 $1 Copper, aluminium and nickel 9.00 ± 0.66 25.12 3.46  S1  E1  O1  R1
2 $1 Copper, aluminium and nickel 9.00 ± 0.66 25.12 3.46  S1  E1  O1  R2
3 $1 Copper, aluminium and nickel 9.00 ± 0.66 25.12 3.46  S1  E1  O1  R3
4 $1 Copper, aluminium and nickel 9.00 ± 0.66 25.12 3.46  S1  E1  O1  R4

Part 2—Explanation of symbols

  1. Symbols used in Part 1

    Each item of the following table contains an explanation of a symbol used in Part 1 of this Schedule to describe the shape, edge design, obverse design and reverse design of a coin.

Explanation of symbols used in Part 1
Item Design Feature Symbol Explanation
1 Shape S1 Circular
2 Edge E1 Interrupted milling
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)   ‘IRB’.

4 Reverse R1

A design consisting of:

(a)   a stylised representation of 5 kangaroos; and

(b)   a representation of a square enclosing the letter ‘P’; and

(c)   the inscription ‘1 DOLLAR’.

5 Reverse R2 As for item 4, replacing the reference in paragraph (b) to the letter ‘P’ with the letter ‘S’.
6 Reverse R3 As for item 4, replacing the reference in paragraph (b) to the letter ‘P’ with the letter ‘B’.
7 Reverse R4 As for item 4, replacing the reference in paragraph (b) to the letter ‘P’ with the letter ‘M’.
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