Currency (Royal Australian Mint) Determination 2014 (No. 3)

Link to law: https://www.comlaw.gov.au/Details/F2014L00394

 
Currency (Royal Australian Mint) Determination 2014 (No. 3)
I, Steven Ciobo, Parliamentary Secretary to the Treasurer, make the following determination under subsection 13A(1) of the Currency Act 1965.
Dated   7 April             2014
 
Steven Ciobo
Parliamentary Secretary to the Treasurer
 
  
  
  
Contents
1
Name of determination .............................................................................................
1

2
Commencement ........................................................................................................
1

3
Authority ...................................................................................................................
1

4
Definition ..................................................................................................................
1

5
Standard weight, design and dimension of coins ......................................................
1

 
Schedule 1 – Standard weight, design and dimension of coins                    
2

 
 

Part 1 – Specifications of coins
 
2

  1
Specifications.............................................................................................................
2
 

Part 2 – Explanation of Symbols
 
3

  2
Symbols used in Part 1 of Schedule .........................................................................
3
 

1  Name of determination
                   This determination is the Currency (Royal Australian Mint) Determination 2014 (No. 3).
2  Commencement
                   This determination commences on the day after it is registered.
3  Authority
                   This determination is made under the subsection 13A(1) of the Currency Act 1965.
4  Definition
                   In this determination:
Act means the Currency Act 1965.
5  Standard weight, design and dimension of coins
             (1)  This section is made for subsection 13A(1) of the Act.
             (2)  On and after the day when this determination commences, each item of the table in Part 1 of Schedule 1 specifies the standard weight, the allowable variation from that standard weight, the design and the dimensions of a coin whose denomination is specified, or taken to be specified, in the Schedule to the Act.
             (3)  Each item of the table in Part 2 of Schedule 1 explains a symbol used to describe the design of coins in Part 1 of Schedule 1.
             (4)  This determination does not affect any other determination made under subsection 13A(1) of the Act.
 
Schedule 1—Standard weight, design and dimension of coins
Note:       See section 5.
Part 1—Specifications of coins
  
1  Specifications
                   The following table specifies the standard weight, the allowable variation from that standard weight, the design and the dimensions of each coin.
 
Specifications of coins

Item
Denomination
Standard composition
Standard weight and allowable variation (g)
Maximum diameter (mm) or other dimension
Maximum thickness (mm)
Shape
Edge
Obverse
Reverse

1
$5
At least 99.9% silver
31.103 + 1.80
40.60
4.00
S1
E1
O1
R1

Part 2—Explanation of symbols
  
2  Symbols used in Part 1 of Schedule
                   The following table contains explanations of the symbols used in Part 1 of this Schedule to describe the shape, edge design, obverse design and reverse design of coins.
 
Explanation of symbols used in Part 1

Item
Design Feature
Symbol
Explanation

1
Shape
S1
Circular

2
Edge
E1
Continuously milled

3
Obverse
O1
A design consisting of an effigy of Queen Elizabeth II and the following:
(a) ‘ELIZABETH II’;
(b) ‘AUSTRALIA’;
(c) the inscription, in numerals, of a year;
(d) Arabic numerals for the amount, in dollars, of the denomination of the coin, followed by ‘DOLLAR’, or ‘DOLLARS’ as the case requires;
(e) ‘IRB’;
(f) 2 representations of a dot

4
Reverse
R1
A design consisting of:
(a) in the foreground, a stylised representation of the Victoria Cross for Australia medal; and
(b) in the background, a series of stylised geometric design elements incorporating alternating triangular shapes and triangular shapes superimposed on trapezoidal shapes; and
(c) a representation of foliage on either side of the letter ‘V’, arranged in a repetitive pattern immediately inside the outer edge of the coin; and
(d) ‘THE VICTORIA CROSS FOR AUSTRALIA’

 
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