Currency Determination No. 1 of 1998

Administered by Department of the Treasury

Legislation au F2005B02820 In force Legislative Instrument

Legislation content

Currency Determination No. 1 of 1998

as amended

made under subsection 13A (1) of the

Currency Act 1965

This compilation was prepared on 28 March 2006
taking into account amendments up to Currency Determination No. 6 of 1998

Prepared by the Office of Legislative Drafting and Publishing,
AttorneyGeneral’s Department, Canberra

Contents

 1 Citation [see Note 1]

 2 Commencement 

 3 Specifications of coins 

 4 Application of Determination 

Schedule  

Part 1 Specifications of coins 

Part 2 Explanation of symbols 

Notes   

 

 

 

1 Citation [see Note 1]

  This Determination may be cited as the Currency Determination No. 1 of 1998.

2 Commencement

  This Determination commences on 15 February 1998.

3 Specifications of coins

  This Determination specifies, for a coin having the denomination and standard composition specified in columns 1 and 2 of Part 1 of the Schedule, the standard weight, the allowable variation from that weight, the dimension and the design set out in columns 3, 4 and 5 of that Part.

4 Application of Determination

  This Determination does not affect any other determination of the specifications of a coin.

Schedule  

(clause 3)

Part 1 Specifications of coins

 

Column 1

Column 2

Column 3

Column 4

Column 5

Denomination (and nominal weight in ounces)

Standard
composition

Standard weight and allowable
variation (g)

Dimensions

Design

(1)
Diameter
(mm)

(2)
Thickness
(mm)

(1)
Shape

(2)
Edge

(3)
Obverse

(4)
Reverse

$5
(1/20 oz)

Not less than 99.99% gold

1.571 0.015

14.10

1.40

S1

E1

O1

R60

$15
(1/10 oz)

Not less than 99.99% gold

3.133 0.022

16.10

1.50

S1

E1

O1

R60

$25
(1/4 oz)

Not less than 99.99% gold

7.807 0.030

20.10

2.00

S1

E1

O1

R60

$50
(1/2 oz)

Not less than 99.99% gold

15.594 0.040

25.10

2.40

S1

E1

O1

R60

$100
(1 oz)

Not less than 99.99% gold

31.162 0.055

32.10

2.80

S1

E1

O1

R60

$200
(2 oz)

Not less than 99.99% gold

62.265 0.050

40.60

4.00

S1

E1

O1

R60

 

Part 2 Explanation of symbols

 

Design Feature

Symbol

Explanation

Shape

S1

Circular

Edge

E1

Milled

Obverse

O1

A circle of raised beads, immediately inside the rim, enclosing:

 (a) the inscriptions:

 (i) “ELIZABETH II”; and

 (ii) “AUSTRALIA”; and

 (b) an inscription stating, in arabic numerals, the amount, in dollars, of the coin, followed by the word “DOLLARS”;

that, in turn, surround an effigy of the Queen.

Reverse

R60

A circle of raised beads, immediately inside the rim, enclosing the inscriptions:

 (a) ‘THE AUSTRALIAN NUGGET X OZ. 9999 GOLD’ (where ‘X’ is the nominal weight, in ounces, of the coin expressed as a common fraction, or whole number, in arabic numerals); and

 (b) ‘1998’ or ‘1999’;

that, in turn, surround:

 (c) a representation of a joey kangaroo; and

 (d) either:

 (i) for a coin dated 1998 — the inscription ‘P’; or

 (ii) for a coin dated 1999 — the inscription ‘P100’;

superimposed on a sunburst design.

Notes to the Currency Determination No. 1 of 1998

Note 1

The Currency Determination No. 1 of 1998 (in force under subsection 13A (1) of the Currency Act 1965) as shown in this compilation is amended as indicated in the Tables below.

Table of Instruments

Title

Date of notification
in Gazette

Date of
commencement

Application, saving or
transitional provisions

Currency Determination No. 1 of 1998

11 Feb 1998 (see Gazette 1998, No. GN6)

15 Feb 1998

 

Currency Determination No. 6 of 1998

4 Nov 1998 (see Gazette 1998, No. GN44)

16 Oct 1998

Table of Amendments

ad. = added or inserted      am. = amended      rep. = repealed      rs. = repealed and substituted

Provision affected

How affected

Schedule

 

Schedule.............

am. 1998 No. 6

 

Interactions

Authorises

All Versions

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