EXPLANATORY STATEMENT
Issued by authority of the Assistant Minister for Competition, Charities and Treasury
Currency Act 1965
Currency (Australian Coins) Amendment (2023 Royal Australian Mint No. 5) Determination 2023
Subsection 13(2) and section 13A of the Currency Act 1965 (the Act) provide that the Treasurer may, by legislative instrument, determine details of Australian coin characteristics including denomination, standard composition, standard weight, allowable variation from standard weight, design and dimensions.
The purpose of this legislative instrument is to determine the characteristics of 23 new non-circulating coins proposed to be issued by the Royal Australian Mint.
The Treasurer may authorise the making and issuing of coins specified, or taken to be specified, in the Schedule to the Currency Act 1965. A payment of money is a legal tender if it is made in coins that are made and issued under the Currency Act 1965. Through the issue of a currency determination, the Treasurer can add, remove and alter the coin characteristics specified, or taken to be specified, in the Schedule to the Currency Act 1965.
In accordance with section 19 of the Acts Interpretation Act 1901, any Minister in the Treasury portfolio may, by legislative instrument, determine details of Australian coin characteristics.
Details of the legislative instrument are set out in the Attachment.
The legislative instrument commenced on the day after it was registered on the Federal Register of Legislation.
The legislative instrument is subject to disallowance under section 42 of the Legislation Act 2003.
The Determination is a legislative instrument for the purposes of the Legislation Act 2003. The Determination is not subject to sunsetting under the Legislation Act 2003 on the grounds that the instrument ensures economic certainty (see Legislation (Exemptions and Other Matters) Regulation 2015). The instrument’s operation is integral in ensuring that the currency produced by the Mints becomes, and remains, legal tender unless or until returned to a mint to be taken out of circulation in accordance with the Currency Act 1965.
Consultation
No public consultation was undertaken in relation to this legislative instrument. The effect of this instrument is to determine details of new Australian coin characteristics which will enable the Royal Australian Mint to continue its production of circulating and numismatic coins.
Members of the public have the opportunity to contact the Royal Australian Mint to present any themes they would like to see commemorated on Australian legal tender. These concepts are then researched and assessed in accordance with the Royal Australian Mint’s Coin Design Policy. The Royal Australian Mint also uses market-based tools to identify interested parties and gauge interest in coin themes.
Statement of Compatibility with Human Rights
Prepared in accordance with Part 3 of the Human Rights (Parliamentary Scrutiny) Act 2011
Currency (Australian Coins) Amendment (2023 Royal Australian Mint No. 5) Determination 2023
This Legislative Instrument is compatible with the human rights and freedoms recognised or declared in the international instruments listed in section 3 of the Human Rights (Parliamentary Scrutiny) Act 2011.
Overview of the Legislative Instrument
The purpose of this legislative instrument is to determine the characteristics of 23 new non-circulating coins proposed to be issued by the Royal Australian Mint.
Human rights implications
This Legislative Instrument does not engage any of the applicable rights or freedoms.
Conclusion
This Legislative Instrument is compatible with human rights as it does not raise any human rights issues.
ATTACHMENT
Details of the Currency (Australian Coins) Amendment (2023 Royal Australian Mint No. 5) Determination 2023
This Attachment sets out further details of the Currency (Australian Coins) Amendment (2023 Royal Australian Mint No. 5) Determination 2023 (the Determination).
Section 1 – Name
This section provides that the name of the Determination is the Currency (Australian Coins) Amendment (2023 Royal Australian Mint No. 5) Determination 2023.
Section 2 – Commencement
This section prescribes that the Determination commences the day after the Determination is registered.
Section 3 – Authority
This section provides that the Determination is made under the Currency Act 1965.
Section 4 – Schedule
This section provides that each instrument specified in a Schedule to the Determination is amended or repealed as set out in the Schedule.
Schedule 1 – Amendments
Schedule 1 amends the Currency (Australian Coins) Determination 2019 by adding the details of new coin characteristics and making technical amendments to ensure the Determination operates as intended. The newly determined coin characteristics are set out below.
New non-circulating coins
2023 50c Coloured Uncirculated Coin – 60th Anniversary of the Bathurst Great Race
The design on the 2023 50c coloured uncirculated coin – 60th Anniversary of the Bathurst Great Race consists of a stylised representation of a section of the Mount Panorama Motor Racing Circuit, featuring a winding racetrack, gum trees, mountains and clouds. On the racetrack, there is a representation of six racing cars symbolising the six decades of the running of the Bathurst 1000 motor race at the Mount Panorama Motor Racing Circuit. On either side of the racetrack there is a multi-coloured pattern of lines of red, light orange and white superimposed over a blue background to depict the dynamism of the fast-moving race cars. The design includes the following inscriptions: “60th ANNIVERSARY OF THE BATHURST GREAT RACE” and “LA” (being the initials of the coin designer Lydia Ashe).
Consistent with all Australian legal tender coinage, an effigy of Her Majesty Queen Elizabeth II will appear on the obverse side of the coins together with the inscriptions “ELIZABETH II”, “AUSTRALIA”, “2023”, Arabic numerals for the amount, in dollars or cents, of the denomination of the coin followed by “DOLLAR”, “DOLLARS” or “CENTS” as the case requires, and “1952-2022” (being the dates of Her Majesty Queen Elizabeth II’s reign). The obverse design includes the initials of the designer Jody Clark “JC”.
2023 50c Coloured Uncirculated Coin – Christmas 2023 Festive Floral
The design on the 2023 50c coloured uncirculated coin – Christmas 2023 Festive Floral consists of, in the centre of the coin, a five-pointed star. Surrounding the five-pointed star, there is another five-pointed star in red, pink and white. In the background, and surrounding the stars, there is a representation of sprays of the New South Wales Christmas bush (Ceratopetalum gummiferum) flowers, fruit and leaves. Extending out from each point of the star to the rim of the coin, there is a green diamond shape. The design includes the following inscriptions: “2023” and “LA” (being the initials of the coin designer Lydia Ashe).
Consistent with all Australian legal tender coinage, an effigy of Her Majesty Queen Elizabeth II will appear on the obverse side of the coins together with the inscriptions “ELIZABETH II”, “AUSTRALIA”, “2023”, Arabic numerals for the amount, in dollars or cents, of the denomination of the coin followed by “DOLLAR”, “DOLLARS” or “CENTS” as the case requires, and “1952-2022” (being the dates of Her Majesty Queen Elizabeth II’s reign). The obverse design includes the initials of the designer Jody Clark “JC”.
2023 $1 ‘A’ Privy Mark Uncirculated Coin – Mob of Roos
2023 $1 ‘N’ Privy Mark Uncirculated Coin – Mob of Roos
2023 $1 ‘D’ Privy Mark Uncirculated Coin – Mob of Roos
The design on the 2023 $1 privy mark uncirculated coins – Mob of Roos consists of a stylised representation of five kangaroos, “1 DOLLAR” and the letter “A”, “N” or “D” as the case requires, enclosed in a square.
Consistent with all Australian legal tender coinage, an effigy of Her Majesty Queen Elizabeth II will appear on the obverse side of the coins together with the inscriptions “ELIZABETH II”, “AUSTRALIA”, “2023” and “1952-2022” (being the dates of Her Majesty Queen Elizabeth II’s reign). The obverse design includes the initials of the designer Jody Clark “JC”.
2023 $1 Silver Proof Coin – Adelaide Football Club
The design on the 2023 $1 silver proof coin – Adelaide Football Club consists of a central circle containing the logo of the Adelaide Football Club Limited (an Australian Football League club also known as the Adelaide Crows), and, surrounding the central circle, a border comprised of a stylised crowd of cheering supporters. The design includes the following inscription: “ADELAIDE FOOTBALL CLUB”.
Consistent with all Australian legal tender coinage, an effigy of Her Majesty Queen Elizabeth II will appear on the obverse side of the coins together with the inscriptions “ELIZABETH II”, “AUSTRALIA”, “2023”, Arabic numerals for the amount, in dollars or cents, of the denomination of the coin followed by “DOLLAR”, “DOLLARS” or “CENTS” as the case requires, and “1952-2022” (being the dates of Her Majesty Queen Elizabeth II’s reign). The obverse design includes the initials of the designer Jody Clark “JC”.
2023 $1 Silver Proof Coin – Brisbane Lions
The design on the 2023 $1 silver proof coin – Brisbane Lions consists of a central circle containing the logo of the Brisbane Bears-Fitzroy Football Club Limited (an Australian Football League club also known as the Brisbane Lions), and, surrounding the central circle, a border comprised of a stylised crowd of cheering supporters. The design includes the following inscription: “BRISBANE LIONS”.
Consistent with all Australian legal tender coinage, an effigy of Her Majesty Queen Elizabeth II will appear on the obverse side of the coins together with the inscriptions “ELIZABETH II”, “AUSTRALIA”, “2023”, Arabic numerals for the amount, in dollars or cents, of the denomination of the coin followed by “DOLLAR”, “DOLLARS” or “CENTS” as the case requires, and “1952-2022” (being the dates of Her Majesty Queen Elizabeth II’s reign). The obverse design includes the initials of the designer Jody Clark “JC”.
2023 $1 Silver Proof Coin – Carlton Football Club
The design on the 2023 $1 silver proof coin – Carlton Football Club consists of a central circle containing the logo of the Carlton Football Club Limited (an Australian Football League club), and, surrounding the central circle, a border comprised of a stylised crowd of cheering supporters. The design includes the following inscription: “CARLTON FOOTBALL CLUB”.
Consistent with all Australian legal tender coinage, an effigy of Her Majesty Queen Elizabeth II will appear on the obverse side of the coins together with the inscriptions “ELIZABETH II”, “AUSTRALIA”, “2023”, Arabic numerals for the amount, in dollars or cents, of the denomination of the coin followed by “DOLLAR”, “DOLLARS” or “CENTS” as the case requires, and “1952-2022” (being the dates of Her Majesty Queen Elizabeth II’s reign). The obverse design includes the initials of the designer Jody Clark “JC”.
2023 $1 Silver Proof Coin – Collingwood Football Club
The design on the 2023 $1 silver proof coin – Collingwood Football Club consists of a central circle containing the logo of the Collingwood Football Club Limited (an Australian Football League club), and, surrounding the central circle, a border comprised of a stylised crowd of cheering supporters. The design includes the following inscription: “COLLINGWOOD FOOTBALL CLUB”.
Consistent with all Australian legal tender coinage, an effigy of Her Majesty Queen Elizabeth II will appear on the obverse side of the coins together with the inscriptions “ELIZABETH II”, “AUSTRALIA”, “2023”, Arabic numerals for the amount, in dollars or cents, of the denomination of the coin followed by “DOLLAR”, “DOLLARS” or “CENTS” as the case requires, and “1952-2022” (being the dates of Her Majesty Queen Elizabeth II’s reign). The obverse design includes the initials of the designer Jody Clark “JC”.
2023 $1 Silver Proof Coin – Essendon Football Club
The design on the 2023 $1 silver proof coin – Essendon Football Club consists of a central circle containing the logo of the Essendon Football Club (an Australian Football League club), and, surrounding the central circle, a border comprised of a stylised crowd of cheering supporters. The design includes the following inscription: “ESSENDON FOOTBALL CLUB”.
Consistent with all Australian legal tender coinage, an effigy of Her Majesty Queen Elizabeth II will appear on the obverse side of the coins together with the inscriptions “ELIZABETH II”, “AUSTRALIA”, “2023”, Arabic numerals for the amount, in dollars or cents, of the denomination of the coin followed by “DOLLAR”, “DOLLARS” or “CENTS” as the case requires, and “1952-2022” (being the dates of Her Majesty Queen Elizabeth II’s reign). The obverse design includes the initials of the designer Jody Clark “JC”.
2023 $1 Silver Proof Coin – Fremantle Football Club
The design on the 2023 $1 silver proof coin – Fremantle Football Club consists of a central circle containing the logo of the Fremantle Football Club Limited (an Australian Football League club also known as the Freemantle Dockers), and, surrounding the central circle, a border comprised of a stylised crowd of cheering supporters. The design includes the following inscription: “FREMANTLE FOOTBALL CLUB”.
Consistent with all Australian legal tender coinage, an effigy of Her Majesty Queen Elizabeth II will appear on the obverse side of the coins together with the inscriptions “ELIZABETH II”, “AUSTRALIA”, “2023”, Arabic numerals for the amount, in dollars or cents, of the denomination of the coin followed by “DOLLAR”, “DOLLARS” or “CENTS” as the case requires, and “1952-2022” (being the dates of Her Majesty Queen Elizabeth II’s reign). The obverse design includes the initials of the designer Jody Clark “JC”.
2023 $1 Silver Proof Coin – Geelong Cats
The design on the 2023 $1 silver proof coin – Geelong Cats consists of a central circle containing the logo of the Geelong Football Club Limited (an Australian Football League club also known as the Geelong Cats), and, surrounding the central circle, a border comprised of a stylised crowd of cheering supporters. The design includes the following inscription: “GEELONG CATS”.
Consistent with all Australian legal tender coinage, an effigy of Her Majesty Queen Elizabeth II will appear on the obverse side of the coins together with the inscriptions “ELIZABETH II”, “AUSTRALIA”, “2023”, Arabic numerals for the amount, in dollars or cents, of the denomination of the coin followed by “DOLLAR”, “DOLLARS” or “CENTS” as the case requires, and “1952-2022” (being the dates of Her Majesty Queen Elizabeth II’s reign). The obverse design includes the initials of the designer Jody Clark “JC”.
2023 $1 Silver Proof Coin – Gold Coast SUNS
The design on the 2023 $1 silver proof coin – Gold Coast SUNS consists of a central circle containing the logo of the GCFC Limited (an Australian Football League club also known as the Gold Coast Suns), and, surrounding the central circle, a border comprised of a stylised crowd of cheering supporters. The design includes the following inscription: “GOLD COAST SUNS”.
Consistent with all Australian legal tender coinage, an effigy of Her Majesty Queen Elizabeth II will appear on the obverse side of the coins together with the inscriptions “ELIZABETH II”, “AUSTRALIA”, “2023”, Arabic numerals for the amount, in dollars or cents, of the denomination of the coin followed by “DOLLAR”, “DOLLARS” or “CENTS” as the case requires, and “1952-2022” (being the dates of Her Majesty Queen Elizabeth II’s reign). The obverse design includes the initials of the designer Jody Clark “JC”.
2023 $1 Silver Proof Coin – GWS GIANTS
The design on the 2023 $1 silver proof coin – GWS GIANTS consists of a central circle containing the logo of the Western Sydney Football Club Limited (an Australian Football League club also known as the GWS Giants), and, surrounding the central circle, a border comprised of a stylised crowd of cheering supporters. The design includes the following inscription: “GWS GIANTS”.
Consistent with all Australian legal tender coinage, an effigy of Her Majesty Queen Elizabeth II will appear on the obverse side of the coins together with the inscriptions “ELIZABETH II”, “AUSTRALIA”, “2023”, Arabic numerals for the amount, in dollars or cents, of the denomination of the coin followed by “DOLLAR”, “DOLLARS” or “CENTS” as the case requires, and “1952-2022” (being the dates of Her Majesty Queen Elizabeth II’s reign). The obverse design includes the initials of the designer Jody Clark “JC”.
2023 $1 Silver Proof Coin – Hawthorn Football Club
The design on the 2023 $1 silver proof coin – Hawthorn Football Club consists of a central circle containing the logo of the Hawthorn Football Club Limited (an Australian Football League club also known as the Hawks), and, surrounding the central circle, a border comprised of a stylised crowd of cheering supporters. The design includes the following inscription: “HAWTHORN FOOTBALL CLUB”.
Consistent with all Australian legal tender coinage, an effigy of Her Majesty Queen Elizabeth II will appear on the obverse side of the coins together with the inscriptions “ELIZABETH II”, “AUSTRALIA”, “2023”, Arabic numerals for the amount, in dollars or cents, of the denomination of the coin followed by “DOLLAR”, “DOLLARS” or “CENTS” as the case requires, and “1952-2022” (being the dates of Her Majesty Queen Elizabeth II’s reign). The obverse design includes the initials of the designer Jody Clark “JC”.
2023 $1 Silver Proof Coin – Melbourne Football Club
The design on the 2023 $1 silver proof coin – Melbourne Football Club consists of a central circle containing the logo of the Melbourne Football Club Limited (an Australian Football League club), and, surrounding the central circle, a border comprised of a stylised crowd of cheering supporters. The design includes the following inscription: “MELBOURNE FOOTBALL CLUB”.
Consistent with all Australian legal tender coinage, an effigy of Her Majesty Queen Elizabeth II will appear on the obverse side of the coins together with the inscriptions “ELIZABETH II”, “AUSTRALIA”, “2023”, Arabic numerals for the amount, in dollars or cents, of the denomination of the coin followed by “DOLLAR”, “DOLLARS” or “CENTS” as the case requires, and “1952-2022” (being the dates of Her Majesty Queen Elizabeth II’s reign). The obverse design includes the initials of the designer Jody Clark “JC”.
2023 $1 Silver Proof Coin – North Melbourne Kangaroos
The design on the 2023 $1 silver proof coin – North Melbourne Kangaroos consists of a central circle containing the logo of the North Melbourne Football Club Limited (an Australian Football League club also known as The Kangaroos), and, surrounding the central circle, a border comprised of a stylised crowd of cheering supporters. The design includes the following inscription: “NORTH MELBOURNE KANGAROOS”.
Consistent with all Australian legal tender coinage, an effigy of Her Majesty Queen Elizabeth II will appear on the obverse side of the coins together with the inscriptions “ELIZABETH II”, “AUSTRALIA”, “2023”, Arabic numerals for the amount, in dollars or cents, of the denomination of the coin followed by “DOLLAR”, “DOLLARS” or “CENTS” as the case requires, and “1952-2022” (being the dates of Her Majesty Queen Elizabeth II’s reign). The obverse design includes the initials of the designer Jody Clark “JC”.
2023 $1 Silver Proof Coin – Port Adelaide Football Club
The design on the 2023 $1 silver proof coin – Port Adelaide Football Club consists of a central circle containing the logo of the Port Adelaide Football Club Limited (an Australian Football League club), and, surrounding the central circle, a border comprised of a stylised crowd of cheering supporters. The design includes the following inscription: “PORT ADELAIDE FOOTBALL CLUB”.
Consistent with all Australian legal tender coinage, an effigy of Her Majesty Queen Elizabeth II will appear on the obverse side of the coins together with the inscriptions “ELIZABETH II”, “AUSTRALIA”, “2023”, Arabic numerals for the amount, in dollars or cents, of the denomination of the coin followed by “DOLLAR”, “DOLLARS” or “CENTS” as the case requires, and “1952-2022” (being the dates of Her Majesty Queen Elizabeth II’s reign). The obverse design includes the initials of the designer Jody Clark “JC”.
2023 $1 Silver Proof Coin – Richmond Football Club
The design on the 2023 $1 silver proof coin – Richmond Football Club consists of a central circle containing the logo of the Richmond Football Club Limited (an Australian Football League club), and, surrounding the central circle, a border comprised of a stylised crowd of cheering supporters. The design includes the following inscription: “RICHMOND FOOTBALL CLUB”.
Consistent with all Australian legal tender coinage, an effigy of Her Majesty Queen Elizabeth II will appear on the obverse side of the coins together with the inscriptions “ELIZABETH II”, “AUSTRALIA”, “2023”, Arabic numerals for the amount, in dollars or cents, of the denomination of the coin followed by “DOLLAR”, “DOLLARS” or “CENTS” as the case requires, and “1952-2022” (being the dates of Her Majesty Queen Elizabeth II’s reign). The obverse design includes the initials of the designer Jody Clark “JC”.
2023 $1 Silver Proof Coin – St Kilda Football Club
The design on the 2023 $1 silver proof coin – St Kilda Football Club consists of a central circle containing the logo of the St. Kilda Football Club Limited (an Australian Football League club), and, surrounding the central circle, a border comprised of a stylised crowd of cheering supporters. The design includes the following inscription: “ST KILDA FOOTBALL CLUB”.
Consistent with all Australian legal tender coinage, an effigy of Her Majesty Queen Elizabeth II will appear on the obverse side of the coins together with the inscriptions “ELIZABETH II”, “AUSTRALIA”, “2023”, Arabic numerals for the amount, in dollars or cents, of the denomination of the coin followed by “DOLLAR”, “DOLLARS” or “CENTS” as the case requires, and “1952-2022” (being the dates of Her Majesty Queen Elizabeth II’s reign). The obverse design includes the initials of the designer Jody Clark “JC”.
2023 $1 Silver Proof Coin – Sydney Swans
The design on the 2023 $1 silver proof coin – Sydney Swans consists of a central circle containing the logo of the Sydney Swans Limited (an Australian Football League club), and, surrounding the central circle, a border comprised of a stylised crowd of cheering supporters. The design includes the following inscription: "SYDNEY SWANS".
Consistent with all Australian legal tender coinage, an effigy of Her Majesty Queen Elizabeth II will appear on the obverse side of the coins together with the inscriptions “ELIZABETH II”, “AUSTRALIA”, “2023”, Arabic numerals for the amount, in dollars or cents, of the denomination of the coin followed by “DOLLAR”, “DOLLARS” or “CENTS” as the case requires, and “1952-2022” (being the dates of Her Majesty Queen Elizabeth II’s reign). The obverse design includes the initials of the designer Jody Clark “JC”.
2023 $1 Silver Proof Coin – West Coast Eagles
The design on the 2023 $1 silver proof coin – West Coast Eagles consists of a central circle containing the logo of the Indian Pacific Limited (an Australian Football League club also known as the West Coast Eagles), and, surrounding the central circle, a border comprised of a stylised crowd of cheering supporters. The design includes the following inscription: "WEST COAST EAGLES".
Consistent with all Australian legal tender coinage, an effigy of Her Majesty Queen Elizabeth II will appear on the obverse side of the coins together with the inscriptions “ELIZABETH II”, “AUSTRALIA”, “2023”, Arabic numerals for the amount, in dollars or cents, of the denomination of the coin followed by “DOLLAR”, “DOLLARS” or “CENTS” as the case requires, and “1952-2022” (being the dates of Her Majesty Queen Elizabeth II’s reign). The obverse design includes the initials of the designer Jody Clark “JC”.
2023 $1 Silver Proof Coin – Western Bulldogs
The design on the 2023 $1 silver proof coin – Western Bulldogs consists of a central circle containing the logo of the Footscray Football Club Limited, (an Australian Football League club also known as the Western Bulldogs), and, surrounding the central circle, a border comprised of a stylised crowd of cheering supporters. The design includes the following inscription: "WESTERN BULLDOGS".
Consistent with all Australian legal tender coinage, an effigy of Her Majesty Queen Elizabeth II will appear on the obverse side of the coins together with the inscriptions “ELIZABETH II”, “AUSTRALIA”, “2023”, Arabic numerals for the amount, in dollars or cents, of the denomination of the coin followed by “DOLLAR”, “DOLLARS” or “CENTS” as the case requires, and “1952-2022” (being the dates of Her Majesty Queen Elizabeth II’s reign). The obverse design includes the initials of the designer Jody Clark “JC”.