Bermuda Monetary Authority (Fitted Dinghy Commemorative Coins) Regulations 2003
BERMUDA MONETARY AUTHORITY (FITTED DINGHY
COMMEMORATIVE COINS) REGULATIONS 2003

1

BR 35/2003

BERMUDA MONETARY AUTHORITY ACT 1969

1969 : 57

BERMUDA MONETARY AUTHORITY (FITTED DINGHY
COMMEMORATIVE COINS) REGULATIONS 2003

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

Citation
1 These Regulations may be cited as the Bermuda Monetary
Authority (Fitted Dinghy Commemorative Coins) Regulations 2003.

Issue of Fitted Dinghy Commemorative Coins
2 The Bermuda Monetary Authority (in these Regulations referred
to as "the Authority") may issue coins (in these Regulations referred to as
"Fitted Dinghy Commemorative Coins").

Denomination
3 The denomination of the Fitted Dinghy Commemorative Coins
shall be $5.00 (five dollars) Silver Proof.

Form and design of coins
4 The form and design of the Fitted Dinghy Commemorative Coins
shall be in accordance with the sample coins deposited with the
Authority and in particular —

BERMUDA MONETARY AUTHORITY (FITTED DINGHY
COMMEMORATIVE COINS) REGULATIONS 2003

2

(a) the obverse design of every coin shall be the portrait by
sculptor Ian Rank-Bradley of Her Majesty Queen
Elizabeth II in profile wearing a tiara, with the
inscription "ELIZABETH II", the respective year "2003"
and the denomination;

(b) the reverse design of every coin will depict two fitted
dinghies racing with circumferential lettering with the
inscriptions "BERMUDA", "Fitted Dinghy Racing" and
"2003"; and

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

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

SCHEDULE (regulation 5)

Remedy Allowance

Standard Standard
Denomination Standard Weight Diameter Edge Weight Composition Diameter

Composition (grammes) (millimeters) (grammes) (millimeters)

Five Dollars .925 Silver 28.28gms 38.61 mm milled +/-0.125 Millesimal
Fineness .925
+/-0.005

+/-0.08

Made this 7th day of May, 2003

Minister of Finance