Currency Determination No. 3 of 1995

Administered by Department of the Treasury

Legislation au F2005B02823 In force Legislative Instrument

Legislation content

Commonwealth of Australia

Currency Act 1965

Currency Determination No. 3 of 1995

I, PAUL ELLIOTT, Parliamentary Secretary to the Treasurer, acting for the Treasurer, make the following Determination under the Currency Act 1965.

Dated 4 September 1995.

Parliamentary Secretary to the Treasurer

______________

Citation

1. This Determination may be cited as Currency Determination No. 3 of 1995.

Commencement

2. This Determination commences on 13 September 1994.

Application of the Determination

3. This Determination (other than clause 33) does not affect any other determination of the specifications or design of a coin.


Schedule to the Act

4. The Act has effect, on and after the commencement of this Determination, as if:

(a) there were included in the Schedule to the Act a reference to a denomination of “One hundred and fifty dollars”; and

(b) there were specified in that Schedule, opposite to that denomination, as the standard composition of coins of that denomination, the expression “not less than 99.99% gold”.

Specifications and design of a 20 cent coin

5. (1) This clause sets out the specifications and design of a coin of the denomination of 20 cents the standard composition of which includes copper and nickel.

(2) The shape of the coin is circular.

(3) The edge of the coin is milled.

(4) The standard weight of the coin is 11.30 grams.

(5) A variation of 0.33 grams from the standard weight is allowed.

(6) The diameter of the coin is 28.65 millimetres.

(7) The thickness of the coin is 2.52 millimetres.

(8) The obverse of the coin bears:

(a) an effigy of the Queen; and

(b) the inscriptions “ELIZABETH II”, “AUSTRALIA” and “1995”.

(9) The reverse of the coin bears:

(a) the logo of the United Nations; and

(b) the inscriptions “UNITED NATIONS FIFTIETH ANNIVERSARY” and “20 cents”.


Specifications and design of a $150 gold coin

6. (1) This clause sets out the specifications and design of a coin of the denomination of $150 the standard composition of which includes not less than 99.99% gold.

(2) The shape of the coin is circular.

(3) The edge of the coin is milled.

(4) The standard weight of the coin is 15.792 grams.

(5) A variation of 0.240 grams from the standard weight is allowed.

(6) The diameter of the coin is 30.10 millimetres.

(7) The thickness of the coin is 1.80 millimetres.

(8) The obverse of the coin bears:

(a) an effigy of the Queen; and

(b) the inscriptions “ELIZABETH II”, “AUSTRALIA” and “1995”.

(9) The reverse of the coin bears:

(a) a representation of the flower of a waratah (Telopea speciosissima); and

(b) the inscription “150 DOLLARS”.

Specifications and design of a $150 gold coin

7. (1) This clause sets out the specifications and design of a coin of the denomination of $150 the standard composition of which includes not less than 99.99% gold.

(2) The shape of the coin is circular.

(3) The edge of the coin is milled.

(4) The standard weight of the coin is 15.792 grams.

(5) A variation of 0.240 grams from the standard weight is allowed.

(6) The diameter of the coin is 30.10 millimetres.


(7) The thickness of the coin is 1.80 millimetres.

(8) The obverse of the coin bears:

(a) an effigy of the Queen; and

(b) the inscriptions “ELIZABETH II”, “AUSTRALIA” and “1996”.

(9) The reverse of the coin bears:

(a) a representation of the flower of a Tasmanian blue gum (Eucalyptus globulus); and

(b) the inscription “150 DOLLARS”.

Specifications and design of a $150 gold coin

8. (1) This clause sets out the specifications and design of a coin of the denomination of $150 the standard composition of which includes not less than 99.99% gold.

(2) The shape of the coin is circular.

(3) The edge of the coin is milled.

(4) The standard weight of the coin is 15.792 grams.

(5) A variation of 0.240 grams from the standard weight is allowed.

(6) The diameter of the coin is 30.10 millimetres.

(7) The thickness of the coin is 1.80 millimetres.

(8) The obverse of the coin bears:

(a) an effigy of the Queen; and

(b) the inscriptions “ELIZABETH II”, “AUSTRALIA” and “1997”.

(9) The reverse of the coin bears:

(a) a representation of the flower of a Mangles’ kangaroo paw (Anigozanthos manglesii); and

(b) the inscription “150 DOLLARS”.


Specifications and design of a $150 gold coin

9. (1) This clause sets out the specifications and design of a coin of the denomination of $150 the standard composition of which includes not less than 99.99% gold.

(2) The shape of the coin is circular.

(3) The edge of the coin is milled.

(4) The standard weight of the coin is 15.792 grams.

(5) A variation of 0.240 grams from the standard weight is allowed.

(6) The diameter of the coin is 30.10 millimetres.

(7) The thickness of the coin is 1.80 millimetres.

(8) The obverse of the coin bears:

(a) an effigy of the Queen; and

(b) the inscriptions “ELIZABETH II”, “AUSTRALIA” and

“1998”.

(9) The reverse of the coin bears:

(a) a representation of the flower of a Sturt’s desert pea (Clianthus formosus); and

(b) the inscription “150 DOLLARS”.

Specifications and design of a $150 gold coin

10. (1) This clause sets out the specifications and design of a coin of the denomination of $150 the standard composition of which includes not less than 99.99% gold.

(2) The shape of the coin is circular.

(3) The edge of the coin is milled.

(4) The standard weight of the coin is 15.792 grams.

(5) A variation of 0.240 grams from the standard weight is allowed.

(6) The diameter of the coin is 30.10 millimetres.


(7) The thickness of the coin is 1.80 millimetres.

(8) The obverse of the coin bears:

(a) an effigy of the Queen; and

(b) the inscriptions “ELIZABETH II”, “AUSTRALIA” and “1999”.

(9) The reverse of the coin bears:

(a) a representation of the flower of a common heath (Epacris impressa); and

(b) the inscription “150 DOLLARS”.

Specifications and design of a $150 gold coin

11. (1) This clause sets out the specifications and design of a coin of the denomination of $150 the standard composition of which includes not less than 99.99% gold.

(2) The shape of the coin is circular.

(3) The edge of the coin is milled.

(4) The standard weight of the coin is 15.792 grams.

(5) A variation of 0.240 grams from the standard weight is allowed.

(6) The diameter of the coin is 30.10 millimetres.

(7) The thickness of the coin is 1.80 millimetres.

(8) The obverse of the coin bears:

(a) an effigy of the Queen; and

(b) the inscriptions “ELIZABETH II”, “AUSTRALIA” and “2000”.

(9) The reverse of the coin bears:

(a) a representation of the flower of a Cooktown orchid (Dendrobium bigibbum); and

(b) the inscription “150 DOLLARS”.


Specifications and design of a $150 gold coin

12. (1) This clause sets out the specifications and design of a coin of the denomination of $150 the standard composition of which includes not less than 99.99% gold.

(2) The shape of the coin is circular.

(3) The edge of the coin is milled.

(4) The standard weight of the coin is 15.792 grams.

(5) A variation of 0.240 grams from the standard weight is allowed.

(6) The diameter of the coin is 30.10 millimetres.

(7) The thickness of the coin is 1.80 millimetres.

(8) The obverse of the coin bears:

(a) an effigy of the Queen; and

(b) the inscriptions “ELIZABETH II”, “AUSTRALIA” and “2001”.

(9) The reverse of the coin bears:

(a) a representation of the flower of a Sturt’s desert rose (Gossypium sturtianum); and

(b) the inscription “150 DOLLARS”.

Specifications and design of a $150 gold coin

13. (1) This clause sets out the specifications and design of a coin of the denomination of $150 the standard composition of which includes not less than 99.99% gold.

(2) The shape of the coin is circular.

(3) The edge of the coin is milled.

(4) The standard weight of the coin is 15.792 grams.

(5) A variation of 0.240 grams from the standard weight is allowed.

(6) The diameter of the coin is 30.10 millimetres.


(7) The thickness of the coin is 1.80 millimetres.

(8) The obverse of the coin bears:

(a) an effigy of the Queen; and

(b) the inscriptions “ELIZABETH IT”, “AUSTRALIA” and “2002”.

(9) The reverse of the coin bears:

(a) a representation of the flower of a royal bluebell (Wahlenbergia gloriosa); and

(b) the inscription “150 DOLLARS”.

Specifications and design of a $150 gold coin

14. (1) This clause sets out the specifications and design of a coin of the denomination of $150 the standard composition of which includes not less than 99.99% gold.

(2) The shape of the coin is circular.

(3) The edge of the coin is milled.

(4) The standard weight of the coin is 15.792 grams.

(5) A variation of 0.240 grams from the standard weight is allowed.

(6) The diameter of the coin is 30.10 millimetres.

(7) The thickness of the coin is 1.80 millimetres.

(8) The obverse of the coin bears:

(a) an effigy of the Queen; and

(b) the inscriptions “ELIZABETH II”, “AUSTRALIA” and

“2003”.

(9) The reverse of the coin bears:

(a) a representation of the flower of a golden wattle (Acacia pycnantha); and

(b) the inscription “150 DOLLARS”.


Specifications and design of a $100 gold coin

15. (1) This clause sets out the specifications and design of a coin of the denomination of $100 the standard composition of which includes not less than 99.99% gold.

(2) The shape of the coin is circular.

(3) The edge of the coin is milled.

(4) The standard weight of the coin is 10.468 grams.

(5) A variation of 0.100 grams from the standard weight is allowed.

(6) The diameter of the coin is 25.10 millimetres.

(7) The thickness of the coin is 1.50 millimetres.

(8) The obverse of the coin bears:

(a) an effigy of the Queen; and

(b) the inscriptions “ELIZABETH II”, “AUSTRALIA” and “1995”.

(9) The reverse of the coin bears:

(a) a representation of the flower of a waratah (Telopea speciosissima); and

(b) the inscription “100 DOLLARS”.

Specifications and design of a $100 gold coin

16. (1) This clause sets out the specifications and design of a coin of the denomination of $100 the standard composition of which includes not less than 99.99% gold.

(2) The shape of the coin is circular.

(3) The edge of the coin is milled.

(4) The standard weight of the coin is 10.468 grams.

(5) A variation of 0.100 grams from the standard weight is allowed.

(6) The diameter of the coin is 25.10 millimetres.


(7) The thickness of the coin is 1.50 millimetres.

(8) The obverse of the coin bears:

(a) an effigy of the Queen; and

(b) the inscriptions “ELIZABETH II”, “AUSTRALIA” and “1996”.

(9) The reverse of the coin bears:

(a) a representation of the flower of a Tasmanian blue gum (Eucalyptus globulus); and

(b) the inscription “100 DOLLARS”.

Specifications and design of a $100 gold coin

17. (1) This clause sets out the specifications and design of a coin of the denomination of $100 the standard composition of which includes not less than 99.99% gold.

(2) The shape of the coin is circular.

(3) The edge of the coin is milled.

(4) The standard weight of the coin is 10.468 grams.

(5) A variation of 0.100 grams from the standard weight is allowed.

(6) The diameter of the coin is 25.10 millimetres.

(7) The thickness of the coin is 1.50 millimetres.

(8) The obverse of the coin bears:

(a) an effigy of the Queen; and

(b) the inscriptions “ELIZABETH II”, “AUSTRALIA” and “1997”.

(9) The reverse of the coin bears:

(a) a representation of the flower of a Mangles’ kangaroo paw (Anigozanthos manglesii); and

(b) the inscription “100 DOLLARS”.


Specifications and design of a $100 gold coin

18. (1) This clause sets out the specifications and design of a coin of the denomination of $100 the standard composition of which includes not less than 99.99% gold.

(2) The shape of the coin is circular.

(3) The edge of the coin is milled.

(4) The standard weight of the coin is 10.468 grams.

(5) A variation of 0.100 grams from the standard weight is allowed.

(6) The diameter of the coin is 25.10 millimetres.

(7) The thickness of the coin is 1.50 millimetres.

(8) The obverse of the coin bears:

(a) an effigy of the Queen; and

(b) the inscriptions “ELIZABETH II”, “AUSTRALIA” and “1998”.

(9) The reverse of the coin bears:

(a) a representation of the flower of a Sturt’s desert pea (Clianthus formosus); and

(b) the inscription “100 DOLLARS”.

Specifications and design of a $100 gold coin

19. (1) This clause sets out the specifications and design of a coin of the denomination of $100 the standard composition of which includes not less than 99.99% gold.

(2) The shape of the coin is circular.

(3) The edge of the coin is milled.

(4) The standard weight of the coin is 10.468 grams.

(5) A variation of 0.100 grams from the standard weight is allowed.

(6) The diameter of the coin is 25.10 millimetres.


(7) The thickness of the coin is 1.50 millimetres.

(8) The obverse of the coin bears:

(a) an effigy of the Queen; and

(b) the inscriptions “ELIZABETH II”, “AUSTRALIA” and “1999”.

(9) The reverse of the coin bears:

(a) a representation of the flower of a common heath (Epacris impressa); and

(b) the inscription “100 DOLLARS”.

Specifications and design of a $100 gold coin

20. (1) This clause sets out the specifications and design of a coin of the denomination of $100 the standard composition of which includes not less than 99.99% gold.

(2) The shape of the coin is circular.

(3) The edge of the coin is milled.

(4) The standard weight of the coin is 10.468 grams.

(5) A variation of 0.100 grams from the standard weight is allowed.

(6) The diameter of the coin is 25.10 millimetres.

(7) The thickness of the coin is 1.50 millimetres.

(8) The obverse of the coin bears;

(a) an effigy of the Queen; and

(b) the inscriptions “ELIZABETH II”, “AUSTRALIA” and “2000”.

(9) The reverse of the coin bears:

(a) a representation of the flower of a Cooktown orchid (Dendrobium bigibbum); and

(b) the inscription “100 DOLLARS”.


Specifications and design of a $100 gold coin

21. (1) This clause sets out the specifications and design of a coin of the denomination of $100 the standard composition of which includes not less than 99.99% gold.

(2) The shape of the coin is circular.

(3) The edge of the coin is milled.

(4) The standard weight of the coin is 10.468 grams.

(5) A variation of 0.100 grams from the standard weight is allowed.

(6) The diameter of the coin is 25.10 millimetres.

(7) The thickness of the coin is 1.50 millimetres.

(8) The obverse of the coin bears:

(a) an effigy of the Queen; and

(b) the inscriptions “ELIZABETH II”, “AUSTRALIA” and “2001”.

(9) The reverse of the coin bears:

(a) a representation of the flower of a Sturt’s desert rose (Gossypium sturtianum); and

(b) the inscription “100 DOLLARS”.

Specifications and design of a $100 gold coin

22. (1) This clause sets out the specifications and design of a coin of the denomination of $100 the standard composition of which includes not less than 99.99% gold.

(2) The shape of the coin is circular.

(3) The edge of the coin is milled.

(4) The standard weight of the coin is 10.468 grams.

(5) A variation of 0.100 grams from the standard weight is allowed.

(6) The diameter of the coin is 25.10 millimetres.


(7) The thickness of the coin is 1.50 millimetres.

(8) The obverse of the coin bears:

(a) an effigy of the Queen; and

(b) the inscriptions “ELIZABETH II”, “AUSTRALIA” and “2002”.

(9) The reverse of the coin bears:

(a) a representation of the flower of a royal bluebell (Wahlenbergia gloriosa); and

(b) the inscription “100 DOLLARS”.

Specifications and design of a $100 gold coin

23. (1) This clause sets out the specifications and design of a coin of the denomination of $100 the standard composition of which includes not less than 99.99% gold.

(2) The shape of the coin is circular.

(3) The edge of the coin is milled.

(4) The standard weight of the coin is 10.468 grams.

(5) A variation of 0.100 grams from the standard weight is allowed.

(6) The diameter of the coin is 25.10 millimetres.

(7) The thickness of the coin is 1.50 millimetres.

(8) The obverse of the coin bears:

(a) an effigy of the Queen; and

(b) the inscriptions “ELIZABETH II”, “AUSTRALIA” and “2003”.

(9) The reverse of the coin bears:

(a) a representation of the flower of a golden wattle (Acacia pycnantha); and

(b) the inscription “100 DOLLARS”.


Specifications and design of a $100 gold coin

24. (1) This clause sets out the specifications and design of a coin of the denomination of $100 the standard composition of which consists of gold and other metal.

(2) The shape of the coin is circular.

(3) The edge of the coin is milled.

(4) The standard weight of the coin is 10.342 grams.

(5) A variation of 0.100 grams from the standard weight is allowed.

(6) The diameter of the coin is 25.10 millimetres.

(7) The thickness of the coin is 1.60 millimetres.

(8) The obverse of the coin bears:

(a) an effigy of the Queen; and

(b) the inscriptions “ELIZABETH II”, “AUSTRALIA” and “1995”.

(9) The reverse of the coin bears:

(a) a representation of the flower of a waratah (Telopea speciosissima); and

(b) the inscription “100 DOLLARS”.

Specifications and design of a $100 gold coin

25. (1) This clause sets out the specifications and design of a coin of the denomination of $100 the standard composition of which consists of gold and other metal.

(2) The shape of the coin is circular.

(3) The edge of the coin is milled.

(4) The standard weight of the coin is 10.342 grams.

(5) A variation of 0.100 grams from the standard weight is allowed.

(6) The diameter of the coin is 25.10 millimetres.


(7) The thickness of the coin is 1.60 millimetres.

(8) The obverse of the coin bears:

(a) an effigy of the Queen; and

(b) the inscriptions “ELIZABETH II”, “AUSTRALIA” and “1996”.

(9) The reverse of the coin bears:

(a) a representation of the flower of a Tasmanian blue gum (Eucalyptus globulus); and

(b) the inscription “100 DOLLARS”.

Specifications and design of a $100 gold coin

26. (1) This clause sets out the specifications and design of a coin of the denomination of $100 the standard composition of which consists of gold and other metal.

(2) The shape of the coin is circular.

(3) The edge of the coin is milled.

(4) The standard weight of the coin is 10.342 grams.

(5) A variation of 0.100 grams from the standard weight is allowed.

(6) The diameter of the coin is 25.10 millimetres.

(7) The thickness of the coin is 1.60 millimetres.

(8) The obverse of the coin bears:

(a) an effigy of the Queen; and

(b) the inscriptions “ELIZABETH II”, “AUSTRALIA” and “1997”.

(9) The reverse of the coin bears:

(a) a representation of the flower of a Mangles’ kangaroo paw (Anigozanthos manglesii); and

(b) the inscription “100 DOLLARS”.


Specifications and design of a $100 gold coin

27. (1) This clause sets out the specifications and design of a coin of the denomination of $100 the standard composition of which consists of gold and other metal.

(2) The shape of the coin is circular.

(3) The edge of the coin is milled.

(4) The standard weight of the coin is 10.342 grams.

(5) A variation of 0.100 grams from the standard weight is allowed.

(6) The diameter of the coin is 25.10 millimetres.

(7) The thickness of the coin is 1.60 millimetres.

(8) The obverse of the coin bears:

(a) an effigy of the Queen; and

(b) the inscriptions “ELIZABETH II”, “AUSTRALIA” and “1998”.

(9) The reverse of the coin bears:

(a) a representation of the flower of a Sturt’s desert pea (Clianthus formosus); and

(b) the inscription “100 DOLLARS”.

Specifications and design of a $100 gold coin

28. (1) This clause sets out the specifications and design of a coin of the denomination of $100 the standard composition of which consists of gold and other metal.

(2) The shape of the coin is circular.

(3) The edge of the coin is milled.

(4) The standard weight of the coin is 10.342 grams.

(5) A variation of 0.100 grams from the standard weight is allowed.

(6) The diameter of the coin is 25.10 millimetres.


(7) The thickness of the coin is 1.60 millimetres.

(8) The obverse of the coin bears:

(a) an effigy of the Queen; and

(b) the inscriptions “ELIZABETH II”, “AUSTRALIA” and “1999”.

(9) The reverse of the coin bears:

(a) a representation of the flower of a common heath (Epacris impressa); and

(b) the inscription “100 DOLLARS”.

Specifications and design of a $100 gold coin

29. (1) This clause sets out the specifications and design of a coin of the denomination of $100 the standard composition of which consists of gold and other metal.

(2) The shape of the coin is circular.

(3) The edge of the coin is milled.

(4) The standard weight of the coin is 10.342 grams.

(5) A variation of 0.100 grams from the standard weight is allowed.

(6) The diameter of the coin is 25.10 millimetres.

(7) The thickness of the coin is 1.60 millimetres.

(8) The obverse of the coin bears:

(a) an effigy of the Queen; and

(b) the inscriptions “ELIZABETH II”, “AUSTRALIA” and “2000”.

(9) The reverse of the coin bears:

(a) a representation of the flower of a Cooktown orchid (Dendrobium bigibbum); and

(b) the inscription “100 DOLLARS”.


Specifications and design of a $100 gold coin

30. (1) This clause sets out the specifications and design of a coin of the denomination of $100 the standard composition of which consists of gold and other metal.

(2) The shape of the coin is circular.

(3) The edge of the coin is milled.

(4) The standard weight of the coin is 10.342 grams.

(5) A variation of 0.100 grams from the standard weight is allowed.

(6) The diameter of the coin is 25.10 millimetres.

(7) The thickness of the coin is 1.60 millimetres.

(8) The obverse of the coin bears:

(a) an effigy of the Queen; and

(b) the inscriptions “ELIZABETH II”, “AUSTRALIA” and “2001”.

(9) The reverse of the coin bears:

(a) a representation of the flower of a Sturt’s desert rose (Gossypium sturtianum); and

(b) the inscription “100 DOLLARS”.

Specifications and design of a $100 gold coin

31. (1) This clause sets out the specifications and design of a coin of the denomination of $100 the standard composition of which consists of gold and other metal.

(2) The shape of the coin is circular.

(3) The edge of the coin is milled.

(4) The standard weight of the coin is 10.342 grams.

(5) A variation of 0.100 grams from the standard weight is allowed.

(6) The diameter of the coin is 25.10 millimetres.


(7) The thickness of the coin is 1.60 millimetres.

(8) The obverse of the coin bears:

(a) an effigy of the Queen; and

(b) the inscriptions “ELIZABETH II”, “AUSTRALIA” and “2002”.

(9) The reverse of the coin bears:

(a) a representation of the flower of a royal bluebell (Wahlenbergia gloriosa); and

(b) the inscription “100 DOLLARS”.

Specifications and design of a $100 gold coin

32. (1) This clause sets out the specifications and design of a coin of the denomination of $100 the standard composition of which consists of gold and other metal.

(2) The shape of the coin is circular.

(3) The edge of the coin is milled.

(4) The standard weight of the coin is 10.342 grams.

(5) A variation of 0.100 grams from the standard weight is allowed.

(6) The diameter of the coin is 25.10 millimetres.

(7) The thickness of the coin is 1.60 millimetres.

(8) The obverse of the coin bears:

(a) an effigy of the Queen; and

(b) the inscriptions “ELIZABETH II”, “AUSTRALIA” and “2003”.

(9) The reverse of the coin bears:

(a) a representation of the flower of a golden wattle (Acacia pycnantha); and

(b) the inscription “100 DOLLARS”.


Amendment of Currency Determination No. 5 of 1994

33. Currency Determination No. 5 of 19941 is amended by omitting paragraph 8 (13) (b) and substituting the following paragraph:

“(b) a representation of a mountain range, the Southern Cross and telegraph poles across the desert; and”.

NOTE

1. Published in the Commonwealth of Australia Gazette on 21 December 1994.

Overview

The Commonwealth of Australia Currency Act 1965, enacted to establish and regulate the currency and coinage of Australia, introduced the need to specify the design and specifications of coins legally circulating in the country. This Act was passed by the Australian Parliament and its primary policy objective was to ensure the integrity and uniformity of Australia's monetary system. In 1995, a legislative instrument titled "Currency Determination No. 3 of 1995" was made under the authority of the Currency Act 1965, to address the specifications and designs of new denominations of coins, particularly introducing a 20 cent coin and various $150 and $100 gold coins. This legislative instrument aimed to provide detailed specifications regarding the weight, composition, diameter, thickness, and design elements of these coins to maintain consistency and legal tender status.

Scope and Application

The Currency Determination No. 3 of 1995 under the Currency Act 1965 applies to the Commonwealth of Australia, specifically governing the specifications and design of various denominations of coins. This determination mandates the specifications for coins of 20 cents, $100, and $150, detailing their composition, weight, diameter, thickness, and design elements. It includes specific references to the inclusion of these denominations in the Schedule to the Currency Act 1965, ensuring that the coins meet the legislative requirements for their respective denominations. The coins must have a circular shape with milled edges, and their designs must include specific inscriptions and representations, such as effigies of the Queen, national symbols, and representations of various Australian flora. The determination applies to coins minted from 1995 onwards, with each year featuring a different Australian flower on the reverse side of the coins. The Currency Act 1965, through this determination, extends its application across the entire Commonwealth, ensuring uniformity in the design and specifications of legal tender coins throughout Australia.

Key Provisions

This legislative instrument, Currency Determination No. 3 of 1995, made under the Currency Act 1965, introduces new denominations and designs for Australian coins, effective from 13 September 1994. The primary focus of the determination is on setting specifications and designs for coins, including a new denomination of "One hundred and fifty dollars" (clause 4), as well as detailed specifications for 20 cent coins and $150 and $100 gold coins (clauses 5 to 32). The new $150 gold coins are to be circular, milled, and composed of not less than 99.99% gold, with a standard weight of 15.792 grams and a diameter of 30.10 millimetres (clauses 5 to 14). Each coin's reverse design features different Australian flora, commemorating the United Nations' fiftieth anniversary and various Australian flowers from 1995 to 2003. Similarly, the $100 gold coins also adhere to these specifications but with a standard weight of 10.468 grams and a diameter of 25.10 millimetres (clauses 15 to 24). Additionally, some $100 coins have a composition that includes gold and other metals, with a standard weight of 10.342 grams and a thickness of 1.60 millimetres (clauses 25 to 32). The determination imposes specific obligations on entities involved in the minting and issuing of these coins, ensuring they adhere to the outlined specifications and designs. Mints and issuers must produce coins that meet the precise weight, diameter, thickness, and composition standards, and feature the required inscriptions and designs on both the obverse and reverse sides. These obligations are crucial to maintain the integrity and uniformity of Australia's currency. Failure to comply with the specifications and designs mandated by this determination could lead to legal consequences. Although the determination does not explicitly detail offences, penalties, or consequences for non-compliance, it is reasonable to infer that breaches could be subject to the penalties provided under the Currency Act 1965. Typically, such breaches might incur fines or other penalties as prescribed by the relevant legislation, reflecting the seriousness of maintaining the currency's integrity and public trust.

Legal classification tags

Area of Law
Currency Law
Instrument
Legislative Instrument
Concepts
Commencement Provisions
Specifications & Design of Coin
Standard Composition of Coin

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Sourced from the Federal Register of Legislation at 26 August 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au.