Currency (Perth Mint) Determination 2005 (No. 1)

Administered by Department of the Treasury

Legislation au F2005L00120 In force Legislative Instrument

Legislation content

Currency (Perth Mint) Determination 2005 (No. 1)

as amended

made under subsections 13 (2) and 13A (1) of the

Currency Act 1965

This compilation was prepared on 27 February 2006
taking into account amendments up to Currency (Perth Mint) Determination 2005 (No. 4) Amendment Determination 2005 (No. 2)

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

Contents

 1 Name of Determination [see Note 1]

 2 Commencement [see Note 1]

 3 Standard composition of coins 

 4 Specification of coins 

 5 Application of Determination 

Schedule 1 Specifications of coins 

Notes   

 

 

 

1 Name of Determination [see Note 1]

  This Determination is the Currency (Perth Mint) Determination 2005 (No. 1).

2 Commencement [see Note 1]

  This Determination commences on the day after it is registered.

3 Standard composition of coins

  For subsection 13 (2) of the Currency Act 1965, that Act has effect, on and after the day on which this Determination commences, as if the reference, in the Schedule to that Act:

 (a) to the standard composition of coins of the denomination specified in item 1 in Schedule 1 to this Determination were a reference to the standard composition specified in that item; and

 (b) to the standard composition of coins of the denomination specified in item 3 in Schedule 1 to this Determination were a reference to the standard composition specified in that item.

Note   The standard compositions specified in the items are in addition to the current standard compositions for those coins.

4 Specification of coins

  For subsection 13A (1) of the Currency Act 1965, each item in Schedule 1 specifies, for a coin having the denomination and standard composition specified in that item:

 (a) the coin’s standard weight, and the allowable variation from that weight; and

 (b) the coin’s dimensions; and

 (c) the coin’s design.

5 Application of Determination

  The specifications in Schedule 1 do not affect any other determination of the specifications of a coin.

Schedule 1 Specifications of coins

(sections 3 and 4)

 

 

Item 1

$10 coin

Denomination

$10

Standard composition

At least 99.99% gold

Standard weight and
allowable variation

7.807g 0.030g

Maximum diameter

20.10mm

Maximum thickness

2.00mm

Shape

Circular

Edge

Continuously milled

Obverse design

An effigy of Queen Elizabeth II, and the monogram ‘IRB’, surrounded by the inscriptions:

 (a) ‘ELIZABETH II’; and

 (b) ‘AUSTRALIA 2005’; and

 (c) ‘10 DOLLARS’.

Reverse design

A design consisting of:

 (a) a representation of a rifle and a knife in the ground with a slouch hat on the rifle; and

 (b) the names of soldiers in the background; and

 (c) the inscriptions ‘1/4 OZ 9999 GOLD’, ‘WR’ and ‘P’; and

 (d) an outer circle immediately inside the rim with the inscriptions:

 (i) ‘AUSTRALIAN AND NEW ZEALAND ARMY CORPS’; and

 (ii) ‘1915  2005’.

 

Item 2

$1 coin

Denomination

$1

Standard composition

At least 99.9% silver

Standard weight and
allowable variation

31.635g 0.500g

Maximum diameter

38.74mm

Maximum thickness

3.50mm

Shape

Circular

Edge

Continuously milled

Obverse design

An effigy of Queen Elizabeth II, and the monogram ‘IRB’, surrounded by the inscriptions:

 (a) ‘ELIZABETH II’; and

 (b) ‘AUSTRALIA 2005’; and

 (c) ‘1 DOLLAR’.

Reverse design

A design consisting of:

 (a) a representation of 5 soldiers; and

 (b) a coloured representation of the Australian flag in the background; and

 (c) the inscriptions ‘1 OZ 999 SILVER’, ‘SB’ and ‘P’; and

 (d) an outer circle immediately inside the rim with the inscriptions:

 (i) ‘AUSTRALIAN AND NEW ZEALAND ARMY CORPS’; and

 (ii) ‘1915  2005’.

 

Item 3

$1 coin

Denomination

$1

Standard composition

Aluminium bronze

Standard weight and
allowable variation

20.000g 1.000g

Maximum diameter

38.74mm

Maximum thickness

2.55mm

Shape

Circular

Edge

Continuously milled

Obverse design

An effigy of Queen Elizabeth II, and the monogram ‘IRB’, surrounded by the inscriptions:

 (a) ‘ELIZABETH II’; and

 (b) ‘AUSTRALIA 2005’; and

 (c) ‘1 DOLLAR’.

Reverse design

A design consisting of:

 (a) a representation of a soldier; and

 (b) a representation of Anzac Cove in the background; and

 (c) the inscription ‘RV’; and

 (d) an outer circle immediately inside the rim with the inscriptions:

 (i) ‘AUSTRALIAN AND NEW ZEALAND ARMY CORPS’; and

 (ii) ‘1915  2005’.

 

Item 4

$1 coin

Denomination

$1

Standard composition

At least 99.9% silver

Standard weight and
allowable variation

31.635g 0.500g

Maximum diameter

40.60mm

Maximum thickness

4.00mm

Shape

Circular

Edge

Continuously milled

Obverse design

An effigy of Queen Elizabeth II, and the monogram ‘IRB’, surrounded by the inscriptions:

 (a) ‘ELIZABETH II’; and

 (b) ‘AUSTRALIA 2005’; and

 (c) ‘1 DOLLAR’.

Reverse design

A design consisting of:

 (a) a coloured representation of the Rotary International logo; and

 (b) a representation of a banner with the inscription ‘100 Years of Rotary’; and

 (c) immediately inside the rim:

 (i) the inscription ‘A CENTURY OF SERVICE – A NEW CENTURY OF SUCCESS’; and

 (ii) a band of stylised people holding hands;

superimposed on a background consisting of a sunburst design.

 

Item 5

$100 coin

Denomination

$100

Standard composition

At least 99.99% gold

Standard weight and
allowable variation

31.162g 0.055g

Maximum diameter

25.10mm

Maximum thickness

3.28mm

Shape

Circular

Edge

Continuously milled

Obverse design

The inscriptions:

 (a) ‘ELIZABETH II’; and

 (b) ‘2005 AUSTRALIA’; and

 (c) ‘100 DOLLARS’;

surrounding a crosshatched ring that, in turn, surrounds:

 (d) an effigy of Queen Elizabeth II; and

 (e) the monogram ‘IRB’.

Reverse design

A circle immediately inside the rim with the inscriptions:

 (a) ‘60th ANNIVERSARY OF THE END OF WWII’; and

 (b) ‘1945 ~ 2005’;

surrounding an inner circle with a lenticular image of a man dancing in a street with streamers covering the pavement.

 

Item 6

$1 coin

Denomination

$1

Standard composition

At least 99.9% silver

Standard weight and
allowable variation

31.635g 0.500g

Maximum diameter

40.60mm

Maximum thickness

4.00mm

Shape

Circular

Edge

Continuously milled

Obverse design

The inscriptions:

 (a) ‘ELIZABETH II’; and

 (b) ‘2005 AUSTRALIA’; and

 (c) ‘1 DOLLAR’;

surrounding a crosshatched ring that, in turn, surrounds:

 (d) an effigy of Queen Elizabeth II; and

 (e) the monogram ‘IRB’.

Reverse design

A circle immediately inside the rim with the inscriptions:

 (a) ‘60th ANNIVERSARY OF THE END OF WWII’; and

 (b) ‘1945 ~ 2005’;

surrounding an inner circle with a lenticular image of a man dancing in a street with streamers covering the pavement.

Notes to the Currency (Perth Mint) Determination 2005 (No. 1)

Note 1

The Currency (Perth Mint) Determination 2005 (No. 1) (in force under subsections 13 (2) and 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 FRLI registration

Date of
commencement

Application, saving or
transitional provisions

Currency (Perth Mint) Determination 2005 (No. 1)

24 Jan 2005 (see F2005L00120)

25 Jan 2005

 

Currency (Perth Mint) Determination 2005 (No. 4) Amendment Determination 2005 (No. 2)

2 Dec 2005 (see F2005L03862)

3 Dec 2005

Table of Amendments

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

Provision affected

How affected

Schedule 1

 

Schedule 1

am. 2005 No. 2

 

Overview

The Currency (Perth Mint) Determination 2005 (No. 1) was enacted to address the need for detailed specifications of coins minted by the Perth Mint under the Currency Act 1965. This legislation was introduced by the Australian Parliament to ensure that the coins produced meet specific standards in terms of composition, weight, dimensions, and design. The Currency (Perth Mint) Determination 2005 (No. 1) provides the necessary specifications for various denominations, including $10, $1, and $100 coins, thereby ensuring uniformity and quality in the nation's currency. The specifications outlined in the determination complement the existing standards and are designed to meet the policy objectives of maintaining the integrity and reliability of the currency system.

Scope and Application

The Currency (Perth Mint) Determination 2005 (No. 1) applies to the specifications of certain coins minted by the Perth Mint, specifically those coins detailed in Schedule 1 of the Determination. This legislation is enacted under subsections 13(2) and 13A(1) of the Currency Act 1965, and it operates within the jurisdiction of the Commonwealth of Australia. The Determination specifies the standard composition, weight, dimensions, and design for particular coins, including the $10 coin, various $1 coins, and the $100 coin, each commemorating specific themes such as the Australian and New Zealand Army Corps (ANZAC) and the 60th anniversary of the end of World War II. These specifications are additional to the current standard compositions for those coins and do not affect any other determination of the specifications of a coin. The Determination came into effect on 25 January 2005 and has been subsequently amended by the Currency (Perth Mint) Determination 2005 (No. 4) Amendment Determination 2005 (No. 2), which came into effect on 3 December 2005.

Key Provisions

The Currency (Perth Mint) Determination 2005 (No. 1) sets out the standard composition, weight, dimensions, and design of certain coins issued by the Perth Mint under the Currency Act 1965. Section 3 of the Determination specifies the standard composition of $10 coins and $1 coins (subsection 3(a)), while Section 4 provides details about the standard weight, allowable variation, dimensions, and design of these coins (subsection 4(a), (b) and (c)). Schedule 1 lists the specifications for each type of coin, including the standard composition, standard weight and allowable variation, maximum diameter, maximum thickness, shape, edge, obverse and reverse designs. The Determination imposes several obligations on the Perth Mint and other parties involved in the production of these coins. The Perth Mint must ensure that the coins it produces comply with the specifications set out in the Determination (Section 4). This includes adhering to the prescribed standard composition, weight, dimensions, and design for each type of coin. The Determination also applies to any other determinations of the specifications of a coin, ensuring consistency across all coins produced (Section 5). Breach of the Currency (Perth Mint) Determination 2005 (No. 1) can lead to civil or criminal consequences. While the Determination itself does not explicitly state penalties for non-compliance, contravention of the Currency Act 1965, under which the Determination is made, can result in penalties. For example, under section 136 of the Currency Act, a person who contravenes a provision of the Act or a determination made under the Act is liable to a penalty not exceeding the greater of three times the value of the coin or $50,000. Additionally, under section 137 of the Currency Act, a person who is found guilty of an offence against the Act is liable to imprisonment for a term not exceeding two years, or a fine not exceeding 50 penalty units, or both. These penalties reflect the seriousness of non-compliance with the provisions of the Determination and the underlying Act.

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