Under subsection 13A (1) of the Currency Act 1965, the Parliamentary Secretary to the Treasurer has made a determination regarding the specification of coins proposed to be issued by the Royal Australian Mint.
Subsection 13A (1) of the Currency Act 1965 requires that the determination provides details of coin characteristics including standard composition, standard weight, allowable variation from standard weight, design and dimensions.
This determination is a disallowable instrument for the purposes of section 42 of the Legislative Instruments Act 2003 (Subsection 13(6) and 13A(4) of the Currency Act 1965, Section 57 of the Legislative Instruments Act 2003).
The determination commences on the day after it is registered.
Item 1 | $1 coin (2007 $1 Uncirculated 60th Anniversary of Australian Peacekeeping coin) The reverse design is a symbolic representation of Australia’s humanitarian aid and our involvement in keeping the peace internationally. The design consists of two hands presenting a dove, a globe and an olive wreath. The coin will also feature the inscriptions “60th Anniversary of Australian Peacekeeping” and “ONE DOLLAR”. |
Obverse
Consistent with all Australian legal tender coinage, the effigy of Her Majesty Queen Elizabeth II by Ian Rank-Broadley, together with the year 2007, will appear on the obverse side of the coin.
Public consultation
The coin covered in the determination is part of the Mint’s annual collector coin program and stakeholder consultation was undertaken to ensure appropriate themes and designs were chosen for this program. However, no public consultation was undertaken in respect of the actual specifications of this coin as it does not have a direct, or a substantially indirect, effect on business, nor does it restrict competition.