Bermuda Monetary Authority (Supplementary Triangular Coins)

Link to law: http://www.bermudalaws.bm/Laws/Annual%20Laws/1996/Statutory%20Instruments/Bermuda%20Monetary%20Authority%20%28Supplementary%20Triangular%20Coins%29%20.pdf
Published: 1996

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Bermuda Monetary Authority (Supplementary Triangular Coins) Regulations 1996
BERMUDA MONETARY AUTHORITY (1993 CORPORATION OF
HAMILTON BICENTENARY COMMEMORATIVE COINS)
REGULATIONS 1993

1989 Revision 1

BR 67/1996

BERMUDA MONETARY AUTHORITY ACT 1969

1969 : 57

THE BERMUDA MONETARY AUTHORITY (SUPPLEMENTARY
TRIANGULAR COINS) REGULATIONS 1996

ARRANGEMENT OF REGULATIONS

1 Citation
2 Interpretation
3 Issue of the 1996

Supplementary Triangular
Coins

4 Denominations

5 Form and design
6 Standard weight and

composition

SCHEDULE

The Minister of Finance, on the recommendation of the Bermuda
Monetary Authority, in exercise of the powers conferred upon him by
section 13 of the Bermuda Monetary Authority Act 1969, makes the
following Regulations:—

Citation
1 These Regulations may be cited as the Bermuda Monetary
Authority (Supplementary Triangular Coins) Regulations 1996.

BERMUDA MONETARY AUTHORITY (1993 CORPORATION OF
HAMILTON BICENTENARY COMMEMORATIVE COINS)
REGULATIONS 1993

2 1989 Revision

Interpretation
2 In these Regulations—

"the Authority" means the Bermuda Monetary Authority;

"the Minister" means the Minister of Finance;

"the 1996 Supplementary Triangular Coins" means the coins
issued in 1996 by the Authority under regulation 3.

Issue of the 1996 Commemorative Coin
3 The Authority may, in 1996, issue the 1996 Supplementary
Triangular Coins.

Denominations
4 The denominations of the 1996 Supplementary Triangular Coins
shall be as follows, that is to say—

$3 (three dollars);

$9 (nine dollars);

$30 (thirty dollars); and

$180 (one hundred and eighty dollars).

Form and design
5 The form and design of the 1996 Supplementary Triangular
Coins shall be in accordance with the sample coins deposited with the
Authority, in particular—

(a) the obverse design of the coin shall be the portrait by
sculptor Raphael Maklouf of Her Majesty Queen
Elizabeth II in profile wearing the royal crown,
surrounded by a single rope border, together with the
inscription "ELIZABETH II" and "1996", and the
denominational value of every coin shall appear on the
perimeter thereof;

(b) the reverse design of the coins shall feature the Map of
Bermuda with a compass rose above the Map and a
sailing ship underneath and be surrounded by a single
rope border with a knot in each corner, and the
inscription "BERMUDA" shall appear on the lower
perimeter thereof.

BERMUDA MONETARY AUTHORITY (1993 CORPORATION OF
HAMILTON BICENTENARY COMMEMORATIVE COINS)
REGULATIONS 1993

1989 Revision 3

Standard weight and composition
6 The standard weight and composition of the 1996
Supplementary Triangular Coins and the amount of tolerance and
variation allowed therein shall be as set forth in the Schedule.

SCHEDULE (regulation 6)
REMEDY ALLOWANCE

DENOMI-
NATION

STANDARD STAN-
DARD

STAN-
DARD

COMPO-
SITION

WEIGHT DIA-
METER

EDGE WEIGHT COMPO-
SITION

DIA-
METER

(grammes) (milli-
metres)

(grammes) (milli-
metres)

One Hundred
and Eighty
Dollars

.999 Gold 152.520 65.00 plain ±1.460 -0.0
+0.0009

±0.125

Thirty Dollars .999 Gold 15.550 27.00 plain ±0.209 -0.0
+0.0009

±0.125

Nine Dollars .999 Silver 155.520 65.00 plain ±1.580 -0.0
+0.0009

±0.125

Three Dollars .999 Gold 6.124 19.30 plain ±0.099 -0.0
+0.0009

±0.125

Made this day of 1996

Minister of Finance