Bermuda Monetary Authority (1997 Bicenentary Of The Incorpor

Link to law: http://www.bermudalaws.bm/Laws/Annual%20Laws/1997/Statutory%20Instruments/Bermuda%20Monetary%20Authority%20%281997%20Bicenentary%20Of%20The%20Incorpor.pdf
Published: 1997

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Bermuda Monetary Authority (1997 Bicenentary Of The Incorporation Of The Town Of St. George Commemorative Coin) Regulations 1997
Title 0
Laws of Bermuda Item 0

1989 Revision 1

BERMUDA STATUTORY INSTRUMENT

BR 26/1997

THE BERMUDA MONETARY AUTHORITY (BICENTENARY OF
THE INCORPORATION OF THE TOWN OF ST. GEORGE

COMMEMORATIVE COIN) REGULATIONS 1997

[made under section 13 of the Bermuda Monetary Authority Act 1969 [title
16 item 11] and brought into operation on 9 May 1997]

ARRANGEMENT OF REGULATIONS

1 Citation
2 Interpretation
3 Issue of the 1997

Commemorative Coin
4 Denomination

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 (Bicentenary of the Incorporation of the Town of St. George
Commemorative Coin) Regulations 1997.

Interpretation
2 In these Regulations—

THE BERMUDA MONETARY AUTHORITY (BICENTENARY OF
THE INCORPORATION OF THE TOWN OF ST. GEORGE
COMMEMORATIVE COIN) REGULATIONS 1997HAMILTON
BICENTENARY COMMEMORATIVE COINS)
REGULATIONS1993

2 1989 Revision

"the Authority" means the Bermuda Monetary Authority;

"the Minister" means the Minister of Finance;

"the 1997 Commemorative Coin" means the coin issued in 1997
by the Authority under regulation 3 to commemorate the
200th anniversary of the incorporation of the Town of St.
George.

Issue of the 1996 Commemorative Coin
3 The Authority may, in 1997, issue the 1997 Commemorative
Coin.

Denomination
4 The denomination of the 1997 Commemorative Coin shall be as
follows—

$2 (two dollars).

Form and Design
5 The form and design of the 1997 Commemorative Coin 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, together
with the inscription "ELIZABETH II", and the
denominational value and the date "1997" shall appear
underneath the portrait; and

(b) the reverse design of every coin shall depict the design
featured on the original seal of the Corporation of St.
George's, that is to say, Saint George slaying a dragon
and—

(a) the inscriptions "BERMUDA" and
"TOWN OF ST. GEORGE" shall appear
above the depiction;

(b) the dates "1797 - 1997" shall appear
below the depiction.

Title 0
Laws of Bermuda Item 0

1989 Revision 3

Standard weight and composition
6 The standard weight and composition of the 1997 Coin, 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)

Two
Dollars

.925 silver
.075 copper

28.28 38.61 milled ±0.420 Millesimal
fineness

.925
±0.003

±0.125