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Statutory Rules 1990 No. 4591
Currency Regulations2 (Amendment)
I, THE GOVERNOR-GENERAL of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, hereby make the following Regulations under the Currency Act 1965.
Dated 21 December 1990.
BILL HAYDEN
Governor-General
By His Excellency's Command,
R. McMULLAN
Parliamentary Secretary to the Treasurer
for and on behalf of the
Treasurer
1. Amendment
1.1 The Currency Regulations are amended as set out in these Regulations.
2. Regulation 3 (Weight, dimensions and remedy of coins)
2.1 Subregulation 3(1a):
Omit "10a". substitute "20".
S.R. 495/901—Cat. No. 3/17.12. 1994
3. Regulation 4 (Designs of coins)
3.1 After subparagraph 4 (c) (iac), insert:
"(iad) in the case of a coin of the denomination of $10. being a coin referred to in subparagraph (d) (viiiee)—an effigy of the Queen and the inscriptions 'ELIZABETH II AUSTRALIA' and '10 DOLLARS', all encircled by raised beads inside the rim of the coin;".
3.2 After subparagraph 4 (c) (iv), insert:
"(iva) in the case of a coin of the denomination of $150—an effigy of the Queen and the inscriptions 'ELIZABETH II AUSTRALIA' and '150 DOLLARS', all encircled by raised beads inside the rim of the coin;
"(ivb) in the case of a coin of the denomination of $500—an effigy of the Queen and the inscription 'ELIZABETH II AUSTRALIA' and '500 DOLLARS', all encircled by raised beads inside the rim of the coin;
"(ivc) in the case of a coin of the denomination of $2,500—an effigy of the Queen and the inscription 'ELIZABETH II AUSTRALIA' and '2,500 DOLLARS', all encircled by raised beads inside the rim of the coin;
"(ivd) in the case of a coin of the denomination of $10,000— an effigy of the Queen and the inscription 'ELIZABETH II AUSTRALIA' and '10,000 DOLLARS', all encircled by raised beads inside the rim of the coin;".
3.3 Subparagraph 4 (d) (vi):
Omit "(viibaa) or (viibab)", substitute "(viiibaa), (viiibab) or (viiibac)".
3.4 After subparagraph 4 (d) (viiibab). insert:
"(viiibac) in the case of a coin of the denomination of 50 cents that refers on its obverse side to the year 1991 as the year of the coin—the inscription '25TH ANNIVERSARY OF DECIMAL CURRENCY' and 'FIFTY CENTS' and a representation of a ram bust;".
3.5 Subparagraph 4 (d) (viiiec) (a):
Omit "item 10", substitute "item 19".
3.6 Sub-subparagraph 4 (d) (viiiec) (b):
Omit "item 10", substitute "item 19".
3.7 Sub-subparagraph 4 (d) (viiiec) (b):
Omit "item 10A", substitute "item 20".
3.8 Sub-subparagraph 4 (d) (viiied) (a):
Omit "item 10", substitute "item 19".
3.9 Sub-subparagraph 4 (d) (viiied) (b):
Omit "item 10", substitute "item 19".
3.10 Sub-subparagraph 4 (d) (viiied) (b):
Omit "item 10A", substitute "item 20".
3.11 After subparagraph 4 (d) (viiied), insert:
"(viiiee) in the case of a coin of the denomination of $10 the composition of which is not less than 99.9% silver—the inscription THE AUSTRALIAN KOOKABURRA 2 OZ 999 SILVER', a representation of a kookaburra perched on a tree stump and a representation of 2 Australian flora and the inscription (in figures) of a year, all encircled by raised beads inside the rim of the coin;
(viiief) in the case of a coin of the denomination of $10 that refers on its obverse side to the year 1991 as the year of the coin:
(a) being a coin the weight, dimensions and remedy of which are as specified in item 19 in the Schedule—the inscriptions TASMANIA' and '10 DOLLARS' and a representation of the coat of arms of the State of Tasmania; or
(b) being a coin, the weight, dimensions and remedy of which are as specified in item 19 in the Schedule or a coin the weight, dimensions and remedy of which are specified in item 20 of the Schedule— the inscription '10 DOLLARS' and a representation of a jabiru against a background body of water;".
3.12 Subparagraph 4 (d) (viiih):
Omit " (viiiha)", substitute "(viiiha) or (viiihb)".
3.13 After subparagraph 4 (d) (viiiha), insert:
"(viiihb) in the case of a coin of the denomination of $50 the composition of which is not less than 99.9% silver—the inscription THE AUSTRALIAN KOOKABURRA 10 OZ 999 SILVER', a representation of a kookaburra perched on a tree stump and of 2 Australian flora and the inscription (in figures) of a year, all encircled by raised beads inside the rim of the coin;".
3.14 After subparagraph 4 (d) (viiija), insert:
"(viiik) in the case of a coin of the denomination of $150 the composition of which is not less than 99.9% silver—the inscription THE AUSTRALIAN KOOKABURRA 1 KILO 999 SILVER', a representation of a kookaburra perched on a tree stump and of 2 Australian flora and the inscription (in figures) of a year, all encircled by raised beads inside the rim of the coin:".
3.15 Subparagraph 4 (d) (ix):
Omit "(xiv) or (xv)", substitute "(xiv), (xv) or (xvi)".
3.16 Subparagraph 4 (d) (xiv):
Omit "coin; and", substitute "coin;".
3.17 Subparagraph 4 (d) (xv):
Omit "coin.", substitute "coin;".
3.18 Add at the end:
"(xvi) in the case of a coin of the denomination of $200 that refers on its obverse side to the year 1991 as the year of the coin—the inscriptions 'PRIDE OF AUSTRALIA' and 'TWO HUNDRED DOLLARS' and a representation of an emu, against a background of grass and rocks, all encircled by raised beads inside the rim of the coin;
(xvii) in the case of a coin of the denomination of $500 the composition of which is not less than 99.99% gold—the inscription 'THE AUSTRALIAN NUGGET 2 OZ 9999 GOLD', an inscription of the name of the species of macropod marsupial and a representation of an animal of that species superimposed on a sunburst design, and the inscription (in figures) of a year, all encircled by raised beads inside the rim of the coin;
(xviii) in the case of a coin of the denomination of $500 the composition of which is not less than 99.95% platinum— the inscription 'THE AUSTRALIAN KOALA 2 OZ 9995 PLATINUM', a representation of a koala clinging to a tree limb and the inscription (in figures) of a year;
(xix) in the case of a coin of the denomination of $2,500 the composition of which is not less than 99.99% gold—the inscription 'THE AUSTRALIAN NUGGET 10 OZ 9999 GOLD', an inscription of the name of the species of macropod marsupial and a representation of an animal of that species superimposed on a sunburst design, and the inscription (in figures) of a year, all encircled by raised beads inside the rim of the coin;
(xx) in the case of a coin of the denomination of $2,500 the composition of which is not less than 99.95% platinum— the inscription 'THE AUSTRALIAN KOALA 10 OZ 9995 PLATINUM', a representation of a koala clinging to a tree limb and the inscription (in figures) of a year;
(xxi) in the case of a coin of the denomination of $10,000 the composition of which is not less than 99.99% gold—the inscription 'THE AUSTRALIAN NUGGET 1 KILO 9999 GOLD', an inscription of the name of the species of macropod marsupial and a representation of an animal of that species superimposed on a sunburst design, and
the inscription (in figures) of a year, all encircled by raised beads inside the rim of the coin; and
(xxii) in the case of a coin of the denomination of $10,000 the composition of which is not less than 99.95% platinum— the inscription THE AUSTRALIAN KOALA 1 KILO 9995 PLATINUM', a representation of a koala clinging to a tree limb and the inscription (in figures) of a year.".
4. Regulation 7 (The Schedule to the Act)
4.1 Add at the end:
"(8) The Act has effect, on and after 2 January 1991, as if:
(a) there were included in the Schedule to the Act a reference to a denomination of 'Ten thousand dollars'; and
(b) there were specified in that Schedule opposite to that denomination of $10,000, as the standard composition of that denomination, the expressions 'Not less than 99.99% gold' and 'Not less than 99.95% platinum'; and
(c) there were included in the Schedule to the Act a reference to a denomination of 'Two thousand five hundred dollars'; and
(d) there were specified in that Schedule opposite to that denomination of $2,500 as the standard composition of coins of that denomination, the expression 'Not less than 99.99% gold' and 'Not less than 99.95% platinum'; and
(e) there were included in the Schedule to the Act a reference to a denomination of 'Five hundred dollars'; and
(f) there were specified in that Schedule opposite to that denomination of $500, as the standard composition of coins of that denomination, the expression 'Not less than 99.99% gold' and 'Not less than 99.95% platinum'; and
(g) there were included in the Schedule to the Act a reference to a denomination of 'One hundred and fifty dollars'; and
(h) there were specified in that Schedule opposite to that denomination of $150, as the expressions of coins of that denomination, the expression 'Not less than 99.9% silver'; and
(i) the reference in the Schedule to the Act, opposite to the reference to the denomination 'Fifty dollars', to the expressions of coins of that denomination included the expressions 'Not less than 99.99% gold', 'Not less than 99.95% platinum' and 'Not less than 99.9% silver'; and
(j) the reference in the Schedule, opposite to the reference to the denomination 'Ten dollars', to the standard composition of coins of that denomination included the expressions '92.5% silver and 7.5% other metal' and 'Not less than 99.9% silver'.".
5. Schedule
5.1 Omit the Schedule, substitute:
SCHEDULE Regulation 3
WEIGHT, DIMENSIONS AND REMEDY OF COINS
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7
Item No. Denomination Standard composition Standard weight Diameter Thickness Remedy in respect of weight
Grams Millimetres Millimetres Grams
1 $10 000 Not less than 99.99% gold 1000.350 75.3 12.9 0.25
2 $10 000 Not less than 99.95% platinum 1001.00 75.3 12.9 0.50
3 $2 500 Not less than 99.99% gold 311.317 60.3 6.9 0.25
4 $2 500 Not less than 99.95% platinum 311.691 60.3 6.9 0.5
5 $500 Not less than 99.99% gold 62.265 40.6 3.5 0.05
6 $500 Not less than 99.95% platinum 62.313 40.6 3.3 0.075
7 $200 11/12 gold and 1/12 other metal 10.00 24.20 2.00 0.06
8 $150 Not less than 99.9% silver 1002.502 10.1 13.6 1.5
9 $100 Not less than 99.99% gold 31.162 32.10 2.80 0.055
10 $100 Not less than 99.95% platinum 31.185 32.10 2.70 0.065
11 $50 Not less than 99.99% gold 15.594 25.10 2.40 0.040
12 $50 Not less than 99.95% platinum 15.605 25.10 2.30 0.045
13 $50 Not less than 99.9% silver 312.347 75.5 7.7 1.0
14 $25 Not less than 99.99% gold 7.807 20.10 2.00 0.030
15 $25 Not less than 99.95% platinum 7.815 20.10 1.90 0.035
16 $15 Not less than 99.99% gold 3.133 16.10 1.50 0.022
17 $15 Not less than 99.95% platinum 3.137 16.10 1.32 0.025
18 $10 Not less than 99.9% silver 62.770 50.3 4.0 0.5
19 $10 92.5% silver and 7.5% other metal 20.00 34.10 2.90 0.50
20 $10 92.5% silver and 7.5% other metal 40.00 34.10 5.10 0.50
21 $5 Copper, aluminium and nickel 28.00 38.90 3.50 0.80
22 $5 92.5% silver and 7.5% other metal 35.79 38.90 3.50 0.63
23 $5 Not less than 99.99% gold 1.571 14.1 1.4 0.015
24 $5 Not less than 99.95% platinum 1.571 14.10 1.40 0.015
25 $5 Not less than 99.9% silver 31.635 40.60 4.00 0.500
26 $2 Copper, aluminium and nickel 6.60 20.62 3.00 0.26
27 $2 92.5% silver and 7.5% other metal 8.43 20.62 3.00 0.20
28 $1 Copper, aluminium and nickel 9.00 25.12 2.80 0.28
29 $1 92.5% silver and 7.5% other metal 11.49 25.12 2.80 0.23
30 $1 Not less than 99.9% silver 31.935 38.20 4.3 0.800
31 50 cents Copper and nickel 15.55 51.65 2.80 0.40
32 50 cents 92.5% silver and 7.5% other metal 18.00 31.65 2.80 0.35
33 25 cents Not less than 99.9% silver 7.984 16.70 4.3 0.200
34 20 cents Copper and nickel 11.30 26.65 2.52 0.33
35 10 cents Copper and nickel 5.65 23.72 1.98 0.20
36 5 cents Copper and nickel 2.83 19.53 1.55 0.13
37 2 cents Copper, tin and zinc 5.20 21.72 2.03 0.20
38 1 cent Copper, tin and zinc 2.60 17.65 1.58 0.13
NOTES
1. Notified in the Commonwealth of Australia Gazette on 28 December 1990.
2. Statutory Rules 1966 No. 21 as amended to date. For previous amendments see Note 2 to Statutory Rules 1990 No. 60 and see also Statutory Rules 1990 Nos. 60 and 300.
Printed by Authority by the Commonwealth Government Printer
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