Currency (Royal Australian Mint) Determination 2008 (No. 9)1
Currency Act 1965
I, NICK SHERRY, Minister for Superannuation and Corporate Law, make this Determination under paragraph 13 (2) (b) and subsection 13A (1) of the Currency Act 1965.
Dated 19 December 2008
NICK SHERRY
Minister for Superannuation and Corporate Law
1 Name of Determination
This Determination is the Currency (Royal Australian Mint) Determination 2008 (No. 9).
2 Commencement
This Determination commences on the day after it is registered.
3 Definition
In this Determination:
Act means the Currency Act 1965.
4 Coin denomination and standard composition
(1) For paragraph 13 (2) (b) of the Act, the Act has effect, on and after the day on which this Determination commences, as if:
(a) there were included in the Schedule to the Act, a reference to the denomination ‘Fifty cents’ and there were specified in the Schedule, opposite that denomination, the standard composition ‘not less than 99.99% gold’ as the standard composition of coins of that denomination; and
(b) there were included in the Schedule to the Act, a reference to the denomination ‘One dollar’ and there were specified in the Schedule, opposite that denomination, the standard composition ‘not less than 99.99% gold’ as the standard composition of coins of that denomination.
(2) Subsection (1) does not affect any other determination made under paragraph 13 (2) (b) of the Act.
5 Specification of coins
For subsection 13A (1) of the Act, each item in Schedule 1 specifies, for a coin having the denomination and standard composition mentioned in the item:
(a) the coin’s standard weight; and
(b) the allowable variation from that standard weight; and
(c) the coin’s dimensions; and
(d) the coin’s design.
6 Application of Determination
The specifications in Schedule 1 do not affect any other determination of the specifications of a coin.
Schedule 1 Specification of coins
(section 5)
Item 1
$1 coin
Denomination
$1
Standard composition
Not less than 99.9% silver
Standard weight and allowable variation
31.635 g ± 0.50 g
Maximum diameter
40.20 mm
Maximum thickness
3.50 mm
Shape
Circular
Edge
Continuously milled
Obverse design
An effigy of Queen Elizabeth II, and the initials ‘IRB’, surrounded by the inscriptions:
(a) ‘ELIZABETH II’; and
(b) ‘AUSTRALIA 2009’; and
(c) ‘1 DOLLAR’.
Reverse design
A design consisting of:
(a) a representation of:
(i) a bounding kangaroo and its shadow; and
(ii) the sun; and
(iii) a line; and
(b) the inscriptions:
(i) ‘1 oz. Fine silver’; and
(ii) ‘F12’ enclosed within a circle; and
(iii) ‘WP’.
Item 2
50c coin
Denomination
50c
Standard composition
Not less than 99.99% gold
Standard weight and allowable variation
33.880 g ± 0.250 g
Maximum diameter
31.65 mm
Maximum thickness
2.80 mm
Shape
Dodecagonal
Edge
Plain
Obverse design
An effigy of a young Queen Elizabeth II, surrounded by the inscriptions:
(a) ‘ELIZABETH II’; and
(b) ‘AUSTRALIA 2009’.
Reverse design
A design consisting of a representation of the Australian Coat of Arms and the inscription ‘50’ superimposed over a background swirl design.
Item 3
$1 coin
Denomination
$1
Standard composition
Not less than 99.99% gold
Standard weight and allowable variation
21.70 g ± 0.18 g
Maximum diameter
25.12 mm
Maximum thickness
2.80 mm
Shape
Circular
Edge
Interrupted milling
Obverse design
An effigy of a young Queen Elizabeth II, surrounded by the inscriptions:
(a) ‘ELIZABETH II’; and
(b) ‘AUSTRALIA 2009’.
Reverse design
A design consisting of:
(a) a representation of 5 bounding kangaroos in a circular pattern; and
(b) the inscription ‘1 DOLLAR’ superimposed over the representation of the kangaroos.
Note
1. All legislative instruments and compilations are registered on the Federal Register of Legislative Instruments kept under the Legislative Instruments Act 2003. See http://www.frli.gov.au.