Bermuda Monetary Authority (1992 Bermuda Olympic Games Commemorative Coins) Regulations 1993

Link to law: http://www.bermudalaws.bm/Laws/Annual%20Laws/1993/Statutory%20Instruments/Bermuda%20Monetary%20Authority%20%281992%20Bermuda%20Olympic%20Games%20Commemorative%20Coins%29%20Regulations%201993.pdf

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now
Bermuda Monetary Authority (1992 Bermuda Olympic Games Commemorative Coin) Regulations 1993
BERMUDA MONETARY AUTHORITY (1992 BERMUDA
OLYMPIC GAMES COMMEMORATIVE COIN) REGULATIONS
1993

1

BR 29/1993

BERMUDA MONETARY AUTHORITY ACT 1969

1969 : 57

THE BERMUDA MONETARY AUTHORITY (1992 BERMUDA
OLYMPIC GAMES COMMEMORATIVE COINS) REGULATIONS

1993

ARRANGEMENT OF REGULATIONS

1 Citation
2 Issue of 1992 Bermuda

Olympic Games
Commemorative Coins

3 Denomination

4 Form and design
5 Standard weight and

composition

SCHEDULE

In exercise of the powers conferred upon the Minister of Finance
by section 13 of the Bermuda Monetary Authority Act 1969, the following
regulations are hereby made on the recommendation of the Bermuda
Monetary Authority:

Citation
1 These Regulations may be cited as the Bermuda Monetary
Authority (1992 Bermuda Olympic Games Commemorative Coins)
Regulations 1993.

BERMUDA MONETARY AUTHORITY (1992 BERMUDA
OLYMPIC GAMES COMMEMORATIVE COIN) REGULATIONS
1993

2

Issue of 1992 Bermuda Olympic Games Commemorative Coins
2 The Bermuda Monetary Authority (the "Authority") may issue up
to 25,000 coins (in these Regulations referred to as "the 1992 Bermuda
Olympic Games Commemorative Coins") as a tribute to Bermuda's
participation in the 1992 Summer Olympic Games.

Denomination
3 The denomination of the 1992 Bermuda Olympic Games
Commemorative Coins shall be $1 (one dollar).

Form and design
4 The form and design of each of the 1992 Bermuda Olympic
Games Commemorative Coins shall be in accordance with the sample
coin deposited with the Authority and in particular:—

(a) the obverse design of the coins shall be the portrait by
sculptor Raphael Maklouf of Her Majesty Queen
Elizabeth II in profile wearing the royal crown, together
with the inscriptions "ELIZABETH II" and "BERMUDA";
and

(b) the reverse design of the coins shall depict three sailing
vessels with the inscription "OLYMPIC GAMES 1992"
above and "ONE DOLLAR" below.

Standard weight and composition
5 The standard weight and composition of each of the 1992
Bermuda Olympic Games Commemorative Coins, and the amount of
tolerance and variation allowed therein, shall be as set forth in the
Schedule.

SCHEDULE (REGULATION 5)

REMEDY ALLOWANCE

DENOM-
INATION

STANDARD
COMPOSI-
TION

STANDARD
WEIGHT

(grammes)

STANDARD
DIAMETER

(millimetres)

EDGE WEIGHT

(grammes)

DIA-
METER

(milli-
metres)

One
Dollar .925 silver 31.47 38.61 reeded +/- 0.250 +/- 0.05

BERMUDA MONETARY AUTHORITY (1992 BERMUDA
OLYMPIC GAMES COMMEMORATIVE COIN) REGULATIONS
1993

3

Made this 8th day of June 1993

David Saul

Minister of Finance