{"id":"F2005B03033","name":"Currency (Perth Mint) Determination 2001 (No. 3)","slug":"currency-perth-mint-determination-2001-no-3","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"in_force","isInForce":true,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":436633,"registerId":"F2005B03033-fast-fetch-1775953769014","compilationNumber":null,"startDate":"2026-04-12","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Currency (Perth Mint) Determination 2001 (No. 3)","content":"---\nmeta-content-style-type: text/css\nmeta-content-type: application/xhtml+xml; charset=utf-8\n---\n\n?xml version=\"1.0\" encoding=\"utf-8\" standalone=\"no\"?>\n\n\n\nCurrency (Perth Mint) Determination 2001 (No. 3)\n\nI, IAN GORDON CAMPBELL, Parliamentary Secretary to the Treasurer, make this Determination under subsection 13A (1) of the Currency Act 1965.\n\nDated 10 December 2001\n\nIAN CAMPBELL\n\nParliamentary Secretary to the Treasurer\n\nContents\n\nPage\n\n 1 Name of Determination \n\n 2 Commencement \n\n 3 Specification of a $30 coin \n\n 4 Application of Determination \n\nSchedule 1 \n\nPart 1 Specifications of coin \n\nPart 2 Explanation of symbols \n\n \n\n \n\n \n\n \n\n1 Name of Determination\n\n This Determination is the Currency (Perth Mint) Determination 2001 (No. 3).\n\n2 Commencement\n\n This Determination commences on gazettal.\n\n3 Specification of a $30 coin\n\n This Determination specifies, for a coin having the denomination and standard composition specified in columns 2 and 3 of Part 1 of Schedule 1, the standard weight, the allowable variation from that weight, the dimensions and the design specified in columns 4, 5 and 6 of that Part.\n\n4 Application of Determination\n\n The specifications in this Determination do not affect any other Determination of the specifications of a coin.\n\nSchedule 1 \n\n(section 3)\n\nPart 1 Specifications of coin\n\n \n\n- Column 1 Column 2 Column 3 Column 4 Column 5 Column 6\n- Item Denomination (and, where relevant, nominal weight) Standard composition Standard weight and allowable variation (g) Dimensions Design\n- (1) Diameter (mm) (2) Thickness (mm) (1) Shape (2) Edge (3) Obverse (4) Reverse\n- 101 $30 (1 kg) Not less than 99.9% silver (except for the gold cameo mentioned in column 4 of item 204 in Part 2 of this Schedule) 1002.502 1.500 101.00 14.60 S1 E1 O1 R271\n\n\nPart 2 Explanation of symbols\n\n \n\n| Column 1 | Column 2 | Column 3 | Column 4 |\n| --- | --- | --- | --- |\n| Item | Design feature | Symbol | Explanation |\n| 201 | Shape | S1 | Circular |\n| 202 | Edge | E1 | Milled |\n| 203 | Obverse | O1 | A circle of raised beads immediately inside the rim, enclosing:
(a) the inscriptions:
(i) ‘ELIZABETH II’; and
(ii) ‘AUSTRALIA’; and
(b) an inscription stating, in Arabic numerals, the amount in dollars of the denomination of the coin, followed by the word ‘DOLLAR’ or ‘DOLLARS’, as the case requires;
which, in turn, surround an effigy of Queen Elizabeth II. |\n| 204 | Reverse | R271 | A circle of raised beads immediately inside the rim, enclosing the inscriptions:
(a) ‘THE AUSTRALIAN KOOKABURRA 1 KILO 999 SILVER’; and
(b) ‘2001’;
which, in turn, surround:
(c) a representation of 2 kookaburras sitting back to back on a branch of a tree; and
(d) a representation, in gold cameo, of a baby in a sling which is suspended from the beak of one of the kookaburras. |\n\n \n","sortOrder":0}],"analysis":{"kimi_summary":{"content_quality":"ok","complexity_score":2,"scope_assessment":{"changed":false,"description":"This determination serves its original narrow purpose: authorising a specific commemorative coin issue. It has not expanded beyond this intent."},"complexity_factors":["Only 4 operative sections plus a schedule","Single purpose: specifying one specific commemorative coin","Technical specifications contained in a simple table format","Minimal cross-referencing (only references back to the Currency Act 1965 for authority)","No conditional logic, exceptions, or nested provisions","Straightforward definitions in Part 2 using a symbol key system"],"plain_english_summary":"This law creates a special $30 silver coin to be made by the Perth Mint in 2001. Specifically, it authorises a 1-kilogram silver coin featuring kookaburras on one side and Queen Elizabeth II on the other. The coin must be at least 99.9% pure silver, weigh exactly 1002.502 grams (give or take 1.5 grams), and measure 101mm across. The design includes two kookaburras on a branch with a unique gold 'cameo' (a raised carving) showing a baby in a sling hanging from one bird's beak. This was part of Australia's commemorative coin program and does not affect any other coins already authorised by different laws."},"flash_summary":{"complexity_score":2,"scope_assessment":{"changed":false,"description":"This Determination stays within the original and ordinary scope of the enabling power under the Currency Act: it sets technical and design specifications for a particular coin. It does not expand regulatory scope beyond specifying physical and design features, nor does it alter other Determinations (cl. 4). There is no substantive broadening of functions or new regulatory duties compared with the typical purpose of a currency-specification Determination."},"complexity_factors":["Short instrument: 4 clauses plus a Schedule (very limited length).","Single main subject: one coin specification (Item 101) in Schedule 1 Part 1.","Four design-symbol entries in Part 2 (items 201–204) that map to concise symbols (S1, E1, O1, R271).","One minor exception clause (gold cameo noted as exception to purity) adds a small conditional detail (Schedule 1 Part 1 column 3; Part 2 item 204).","Low cross-referencing: only internal references within the Schedule and clause 3; no external or multiple statute cross-references beyond the enabling power (subsection 13A(1) of the Currency Act 1965)."],"plain_english_summary":"**What this Determination does (mechanically)**\n\n- Names the instrument the \"Currency (Perth Mint) Determination 2001 (No. 3)\" (cl. 1) and states it takes effect on gazettal (cl. 2).\n- Under the power in subsection 13A(1) of the Currency Act 1965, it specifies the detailed physical and design specifications for one particular coin: a $30 denomination, 1 kilogram silver coin to be produced by the Perth Mint (cl. 3; Schedule 1, Part 1).\n- The specification covers metal purity, weight (with allowable variation), dimensions, shape, edge type, and the obverse and reverse designs (Schedule 1, Part 1 and Part 2).\n - Composition: not less than 99.9% silver (except for a small gold cameo element described in the reverse design) (Schedule 1, Part 1, column 3; Schedule 1 Part 2 item 204).\n - Standard weight: 1002.502 g ± 1.500 g (Schedule 1, Part 1, column 4).\n - Diameter: 101.00 mm; Thickness: 14.60 mm (Schedule 1, Part 1, column 5).\n - Shape: circular (S1); Edge: milled (E1) (Schedule 1, Part 2 items 201–202).\n - Obverse (O1): effigy of Queen Elizabeth II surrounded by raised beads and the inscriptions ‘ELIZABETH II’, ‘AUSTRALIA’ and the denomination in Arabic numerals and the word ‘DOLLAR’ or ‘DOLLARS’ as required (Schedule 1, Part 2 item 203).\n - Reverse (R271): raised beads enclosing the inscriptions ‘THE AUSTRALIAN KOOKABURRA 1 KILO 999 SILVER’ and ‘2001’, a representation of two kookaburras back-to-back, and a gold cameo representation of a baby in a sling suspended from a kookaburra’s beak (Schedule 1, Part 2 item 204).\n- The Determination states these specifications do not alter any other existing Determination about coin specifications (cl. 4).\n\n**Who this affects**\n\n- Perth Mint: the minting authority that will produce the coin must meet the physical and design specifications in this Determination (cl. 3; Schedule 1).\n- Buyers and distributors (collectors, investors, dealers): the coin’s size, weight, metal content and design are fixed by this instrument, which affects its intrinsic metal value and collectible characteristics.\n- Relevant government officials: the Parliamentary Secretary to the Treasurer exercised the delegated power to make the Determination (cover sheet).\n\n**Why it matters (official purpose and practical effects)**\n\n- The stated legal effect is to authorise and fix the exact specifications of a particular commemorative/ bullion coin so it can be produced in accordance with the Currency Act power (cl. 3; Schedule 1).\n- Practical effects and implementation points to note:\n - Production and quality control: the Perth Mint must meet tight tolerances on weight and purity (Schedule 1, Part 1), creating a defined compliance burden in manufacturing and assaying.\n - Market implications: a 1 kg coin of 99.9% silver with a gold cameo is likely to carry intrinsic metal value and collector premium; pricing, sale and storage decisions are left to the market (Schedule 1, Part 1 and Part 2).\n - Legal status and certainty: by setting design and technical specs, the instrument provides legal certainty for assay, hallmarking and identification of the minted item (cl. 3; Schedule 1).\n\n**Costs, incentives and trade-offs (practical testing of the Determination’s claims)**\n\n- Who pays: purchasers pay market price set by the Perth Mint or resellers; there is no appropriation or subsidy in the Determination itself (Schedule 1).\n- Who decides: the Parliamentary Secretary used delegated legislative power (cover sheet and cl. 3) to set the specifications; this centralises technical design decisions in an executive instrument rather than primary legislation.\n- Concentrated benefits: the Perth Mint and early buyers/collectors benefit directly from authorisation to produce and sell a distinctive high-value coin (Schedule 1 Part 1–2).\n- Diffuse costs and opportunity cost: the Determination does not create general taxes or fees, but resources (minting capacity, precious metal stocks) allocated to producing this coin are not available for other minting runs — an internal opportunity cost for the Mint.\n- Compliance burden: the mint must maintain assays, tooling and quality controls to meet the specified tolerances (Schedule 1 Part 1). Retailers and assayers rely on these specifications for valuation and trade.\n- Implementation risk: unusually large dimensions and the inclusion of a gold cameo inside a silver coin raise manufacturing and quality-control risks (Schedule 1 Part 1 and Part 2 item 204). Variations beyond the stated tolerance could affect how the coin is treated by dealers.\n- Competition and market effects: the Determination authorises a product but does not create exclusive market privileges beyond normal legal tender/numismatic recognition; market demand and pricing remain private-sector functions.\n\n**Where to find the key rules in the instrument**\n\n- Commencement and name: clauses 1–2.\n- Core authorising/specifying provision: clause 3 and Schedule 1 (Part 1 for technical specs; Part 2 for symbol explanations and design descriptions).\n- Non-derogation from other determinations: clause 4.\n\n(References in parentheses indicate the clause or Schedule item in this Determination.)"},"flash_summary_failed":{"failed":true,"reason":"Unauthenticated. Configure AI_GATEWAY_API_KEY or use a provider module. Learn more: https://ai-sdk.dev/unauthenticated-ai-gateway","source":"analysis-cron"}},"importantCases":[],"_links":{"self":"/api/acts/currency-perth-mint-determination-2001-no-3","history":"/api/acts/currency-perth-mint-determination-2001-no-3/history","analysis":"/api/acts/currency-perth-mint-determination-2001-no-3/analysis","conflicts":"/api/acts/currency-perth-mint-determination-2001-no-3/conflicts","importantCases":"/api/acts/currency-perth-mint-determination-2001-no-3/important-cases","documents":"/api/acts/currency-perth-mint-determination-2001-no-3/documents"}}