Currency (Perth Mint) Determination 2015 (No. 2)

Administered by Department of the Treasury

Legislation au F2015L00651 In force Legislative Instrument

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EXPLANATORY STATEMENT

 

Issued by authority of the Parliamentary Secretary to the Treasurer

Currency Act 1965

Currency (Perth Mint) Determination 2015 (No.2)

Under subsection 13A(1) of the Currency Act 1965, the Parliamentary Secretary to the Treasurer has made a determination regarding the specifications of coins proposed to be issued by the Perth Mint (Gold Corporation).

Subsection 13A(1) of the Currency Act 1965 requires that the determination provide details of coin characteristics including standard composition, standard weight, allowable variation from standard weight, design and dimensions.

A determination made by the Parliamentary Secretary to the Treasurer is a disallowable instrument for the purposes of section 42 of the Legislative Instruments Act 2003.

2015 Australian Kangaroo - Commercial Quality - Silver Investor Coin

 

The design on the 2015 Australian Kangaroo - Commercial Quality (1oz) silver bullion coin, consists of a pattern of shapes representing stylised sunrays surrounding a representation of a kangaroo. The coin includes the micro letter ‘A” and the following inscriptions ‘AUSTRALIAN KANGAROO’ and ‘2015 1oz 999 SILVER’.

 

2016 Australian Kangaroo - Commercial Quality - Silver Investor Coin

 

The design on the 2016 Australian Kangaroo - Commercial Quality (1oz) silver bullion coin, consists of a pattern of shapes representing stylised sunrays surrounding a representation of a kangaroo. The coin includes the micro letter ‘A” and the following inscriptions ‘AUSTRALIAN KANGAROO’ and ‘2016 1oz 9999 SILVER’.

 

Celebrating the Birth of the Royal Baby - Gold Collector Coin

 

The design on the Celebrating the Birth of the Royal Baby (1/4oz) gold proof coin, consists of a representation of a ribbon forming a circle with a bow at the bottom and enclosing a representation of a female holding a baby in swaddling, with a male and a young boy to her side. The coin includes the following inscriptions ‘CELEBRATING THE BIRTH OF THE ROYAL BABY’, ‘2015’ and the initials of the designer Aleysha Howarth ‘AH’.

 

 

Celebrating the Birth of the Royal Baby - Silver Collector Coin

 

The design on the Celebrating the Birth of the Royal Baby (1oz) silver proof coin, consists of a representation of a ribbon forming a circle with a bow at the bottom and enclosing a representation of a female holding a baby in swaddling, with a male and a young boy to her side. The coin includes the following inscriptions ‘CELEBRATING THE BIRTH OF THE ROYAL BABY’, ‘2015’ and the initials of the designer Aleysha Howarth ‘AH’.

 

Celebrating the Birth of the Royal Baby - Aluminium Bronze Coin

 

The design on the Celebrating the Birth of the Royal Baby (30mm) aluminium bronze coin, consists of a representation of a ribbon forming a circle with a bow at the bottom and enclosing a representation of a female holding a baby in swaddling, with a male and a young boy to her side. The coin includes the following inscriptions ‘CELEBRATING THE BIRTH OF THE ROYAL BABY’, ‘2015’ and the initials of the designer Aleysha Howarth ‘AH’.

 

PUBLIC CONSULTATION

GoldCorp Australia has undertaken consultation among its network of Australian and international wholesale distributors. Authorised Australian distributors of Perth Mint products are consulted regularly during business meetings and participation at the Australian Numismatic Dealers’ Association Coin, Banknote and Stamp shows and Licensed Post Office Conferences held throughout Australia.  Likewise, international distributors are consulted during a schedule of individual meetings hosted during the World Money Fair held in Berlin and the American Numismatic Association’s World’s Fair of Money. 

In some instances when a major program is in concept stage Perth Mint would conduct market research through focus groups to assist us in preparing designs.

Limited consultation is conducted with external parties due to the confidentiality of coin themes and artwork, the risk of competitors viewing Perth Mint innovations and potentially releasing similar coins into the market prior to release.

Members of the public have the opportunity to contact Perth Mint to present any themes they would like to see commemorated on Australian legal tender.  These concepts are then researched and presented to GoldCorp Australia’s sales and marketing department for consideration and feedback.

 

 

 

 

 

STATEMENT OF COMPATIBILITY WITH HUMAN RIGHTS

 

Prepared in accordance with Part 3 of the Human Rights (Parliamentary Scrutiny) Act 2011

 

Currency (Perth Mint) Determination 2015 (No. 2)

 

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 weight, dimension and composition of five new numismatic coins to be released by the Perth 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.

 

 

Overview

The Currency (Perth Mint) Determination 2015 (No. 2), made under the Currency Act 1965, addresses the need for specifying the characteristics of new coins proposed by the Perth Mint, including their composition, weight, design, and dimensions. Enacted by the Parliamentary Secretary to the Treasurer, the determination ensures that the coins issued by the Perth Mint adhere to the legal standards set forth in the Currency Act. This legislative instrument aims to maintain the integrity and quality of Australian legal tender while allowing the Perth Mint to issue commemorative coins that meet market demands. The determination process includes consultation with distributors and limited public input, balancing innovation with confidentiality and market competition. The compatibility of this instrument with human rights has been affirmed, as it does not infringe on any recognised human rights or freedoms.

Scope and Application

The Currency (Perth Mint) Determination 2015 (No. 2) applies to the specifications of coins proposed to be issued by the Perth Mint, a subsidiary of the Royal Australian Mint, which operates under the authority of the Commonwealth of Australia. The determination provides detailed characteristics of the coins, including their composition, weight, allowable variations, design, and dimensions. These coins are intended for both domestic and international markets, encompassing a range of products from bullion coins to commemorative collector coins. The determination is made under subsection 13A(1) of the Currency Act 1965, and as a disallowable instrument, it is subject to potential disallowance under section 42 of the Legislative Instruments Act 2003. The determination specifies the designs, inscriptions, and other details for five distinct coins, reflecting the Perth Mint’s commitment to producing high-quality numismatic products. While the scope of the determination is focused on coin specifications, it does not engage with broader human rights considerations as outlined in the Human Rights (Parliamentary Scrutiny) Act 2011, thus ensuring compatibility with human rights.

Key Provisions

The Currency (Perth Mint) Determination 2015 (No. 2) specifies the characteristics of five coins proposed for release by the Perth Mint under the Currency Act 1965 (subsection 13A(1)). These coins include the 2015 and 2016 Australian Kangaroo Commercial Quality Silver Investor Coins, and three designs commemorating the birth of a Royal Baby in 2015, each available in gold, silver, and aluminium bronze. The determination outlines the standard composition, standard weight, allowable variation from standard weight, design, and dimensions of these coins, providing detailed specifications for each coin (subsection 13A(1)). The determination imposes obligations on the Perth Mint and GoldCorp Australia to adhere to the specified coin characteristics. This includes ensuring the coins meet the outlined composition, weight, and design requirements. The Perth Mint is also required to undertake consultation with its network of Australian and international distributors, ensuring they are informed about the coin designs and specifications (subsection 13A(1)). Limited consultation with the public is also mentioned, providing an avenue for the public to suggest coin themes for consideration. There are no specific offences, penalties, or civil/criminal consequences mentioned for breach of the determination. However, as a disallowable instrument under the Legislative Instruments Act 2003, the determination can be subject to parliamentary scrutiny and potential disallowance if deemed inappropriate or non-compliant with legislative standards. The compatibility statement under the Human Rights (Parliamentary Scrutiny) Act 2011 asserts that the determination does not engage any of the rights or freedoms recognised in the international human rights instruments, indicating it is compatible with human rights as it does not raise any human rights issues.

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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.