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Bermuda Monetary Authority (Heritage Series Commemorative Coins) (No. 2) Regulations 2001

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Bermuda Monetary Authority (Heritage Series Commemorative Coins) (No. 2) Regulations 2001
BERMUDA MONETARY AUTHORITY (HERITAGE SERIES
COMMEMORATIVE COINS) (NO. 2) REGULATIONS 2001


1



BR 78 / 2001

BERMUDA MONETARY AUTHORITY ACT 1969

1969 : 57

BERMUDA MONETARY AUTHORITY (HERITAGE SERIES
COMMEMORATIVE COINS) (NO. 2) REGULATIONS 2001



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

Citation
1 These Regulations may be cited as the Bermuda Monetary
Authority (Heritage Series Commemorative Coins) (No. 2) Regulations
2001.

Issue of Heritage Series Commemorative Coins
2 The Authority may issue coins to commemorate the grant of
World Heritage status to the town of St. George’s (in these Regulations
referred to as “Heritage Series Commemorative Coins”).

Denominations
3 The denomination of the Heritage Series Commemorative Coins
shall be as follows―

$5 (five dollars).

Form and Design
4 The form and design of the Heritage Series Commemorative
Coins shall be in accordance with the sample coins deposited with the
Authority and in particular―

BERMUDA MONETARY AUTHORITY (HERITAGE SERIES
COMMEMORATIVE COINS) (NO. 2) REGULATIONS 2001


2





(a) the obverse design of every coin shall be the portrait by Ian
Rank-Bradley of Her Majesty Queen Elizabeth II in profile,
together with the inscriptions “BERMUDA” and “ELIZABETH
II” and the denomination;

(b) the reverse design in each coin shall depict the St. George’s
State House;

(c) the shape of each coin shall be round.

Standard weight and composition
5 The standard weight and composition of the Heritage Series
Commemorative Coins, and the amount of tolerance and variation
allowed therein, shall be as set forth in the Schedule.



SCHEDULE (regulation 5)




Denomination


Standard

Composition


Standard
Weight

(grammes)


Standard
Diameter

(millimeters)




Edge



Remedy Allowance


Weight

(grammes)


Composition


Diameter


Five Dollars


.925 Silver


28.28


38.61


Milled


+/-0.125

Millesimal
Fineness .750

+/-0.020


+/-0.08





Made this 14th day of November 2001







Minister of Finance