{"id":"F2006B00503","name":"Currency (Royal Australian Mint) Determination 2004 (No. 9)","slug":"currency-royal-australian-mint-determination-2004-no-9","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"in_force","isInForce":true,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":436734,"registerId":"F2006B00503-fast-fetch-1775953839696","compilationNumber":null,"startDate":"2026-04-12","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Currency (Royal Australian Mint) Determination 2004 (No. 9)","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 (Royal Australian Mint) Determination 2004 (No. 9)\n\nI, ROSS CAMERON, Parliamentary Secretary to the Treasurer, make this Determination under subsection 13A (1) of the Currency Act 1965.\n\nDated 5 October 2004\n\n \n\nROSS CAMERON\n\nParliamentary Secretary to the Treasurer\n\nContents\n\n 1 Name of Determination \n\n 2 Commencement \n\n 3 Specification of coins \n\n 4 Application of Determination \n\nSchedule 1 Specifications of coins \n\n \n\n \n\n \n\n1 Name of Determination\n\n This Determination is the Currency (Royal Australian Mint) Determination 2004 (No. 9).\n\n2 Commencement\n\n This Determination commences on the date of its notification in the Gazette.\n\n3 Specification of coins\n\n For subsection 13A (1) of the Currency Act 1965, each item in Schedule 1 specifies:\n\n (a) the denomination of a coin; and\n\n (b) the coin’s standard composition; and\n\n (c) the coin’s standard weight, and the allowable variation from that weight; and\n\n (d) the coin’s dimensions; and\n\n (e) the coin’s design.\n\n4 Application of Determination\n\n The specifications in Schedule 1 do not affect any other determination of the specifications of a coin.\n\nSchedule 1 Specifications of coins\n\n(section 3)\n\n \n\n \n\n| Item 1 | $150 coin |\n| --- | --- |\n| Denomination | $150 |\n| Standard composition | At least 99.99% gold |\n| Standard weight and allowable variation | 10.368g ± 0.100g |\n| Maximum diameter | 25.10mm |\n| Maximum thickness | 1.50mm |\n| Shape | Circular |\n| Edge | Continuously milled |\n| Obverse design | An effigy of Queen Elizabeth II, and the monogram ‘IRB’, surrounded by the inscriptions:
(a) ‘ELIZABETH II’; and
(b) ‘AUSTRALIA 2005’. |\n| Reverse design | A design consisting of:
(a) a representation of a mallefowl standing in the Australian bush; and
(b) the inscription ‘150 DOLLARS’. |\n\n\n \n\n| Item 2 | $200 coin |\n| --- | --- |\n| Denomination | $200 |\n| Standard composition | At least 99.99% gold |\n| Standard weight and allowable variation | 15.792g ± 0.240g |\n| Maximum diameter | 30.10mm |\n| Maximum thickness | 1.80mm |\n| Shape | Circular |\n| Edge | Continuously milled |\n| Obverse design | An effigy of Queen Elizabeth II, and the monogram ‘IRB’, surrounded by the inscriptions:
(a) ‘ELIZABETH II’; and
(b) ‘AUSTRALIA 2005’. |\n| Reverse design | A design consisting of:
(a) a representation of a mallefowl standing in the Australian bush; and
(b) the inscription ‘200 DOLLARS’. |\n\n\n \n\n| Item 3 | $150 coin |\n| --- | --- |\n| Denomination | $150 |\n| Standard composition | At least 99.99% gold |\n| Standard weight and allowable variation | 10.368g ± 0.100g |\n| Maximum diameter | 25.10mm |\n| Maximum thickness | 1.50mm |\n| Shape | Circular |\n| Edge | Continuously milled |\n| Obverse design | An effigy of Queen Elizabeth II, and the monogram ‘IRB’, surrounded by the inscriptions:
(a) ‘ELIZABETH II’; and
(b) ‘AUSTRALIA 2006’. |\n| Reverse design | A design consisting of:
(a) a representation of the head of a Red-tailed Black-Cockatoo; and
(b) the inscription ‘150 DOLLARS’. |\n\n\n \n\n| Item 4 | $200 coin |\n| --- | --- |\n| Denomination | $200 |\n| Standard composition | At least 99.99% gold |\n| Standard weight and allowable variation | 15.792g ± 0.240g |\n| Maximum diameter | 30.10mm |\n| Maximum thickness | 1.80mm |\n| Shape | Circular |\n| Edge | Continuously milled |\n| Obverse design | An effigy of Queen Elizabeth II, and the monogram ‘IRB’, surrounded by the inscriptions:
(a) ‘ELIZABETH II’; and
(b) ‘AUSTRALIA 2006’. |\n| Reverse design | A design consisting of:
(a) a representation of the head of a Red-tailed Black-Cockatoo; and
(b) the inscription ‘200 DOLLARS’. |\n\n \n","sortOrder":0}],"analysis":{"flash_summary":{"complexity_score":2,"scope_assessment":{"changed":false,"description":"The Determination stays within the original, narrow function given by the Currency Act: prescribing the technical specifications and designs of particular coins. It does not broaden the legal power or add regulatory regimes; it simply lists specific coin specifications (Schedule 1) and confirms it does not alter other determinations (section 4). Therefore the scope has not materially changed beyond that original purpose."},"complexity_factors":["Short instrument (4 substantive clauses plus a Schedule).","Single statutory cross‑reference: subsection 13A(1) of the Currency Act 1965.","Schedule 1 contains 4 items with repeated, simple technical fields (denomination, composition, weight/tolerance, diameter, thickness, shape, edge, obverse and reverse descriptions).","No nested exceptions or conditional provisions.","Technical numeric tolerances increase manufacturing precision requirements but not legal complexity.","Minimal defined terms and no multi‑layered cross‑referencing to other Acts."],"plain_english_summary":"**What this instrument does (mechanically)**\n\n- This Determination sets out the technical and design specifications for four gold coins the Royal Australian Mint may issue. The specifics are listed in Schedule 1 and include denomination, gold purity, weight (with allowable variation), maximum diameter and thickness, shape, edge style, and the obverse and reverse designs. (See section 3 and Schedule 1.)\n\n- The coins covered are two $150 coins and two $200 coins, each struck in at least 99.99% gold, with one set dated 2005 and the other 2006, and with different reverse designs (a malleefowl for the 2005 coins; a Red‑tailed Black‑Cockatoo head for the 2006 coins). (Schedule 1, Items 1–4.)\n\n- The Determination is made under the Currency Act 1965 (subsection 13A(1)), and it takes effect when published in the Gazette. (Sections 2 and 3.)\n\n- Section 4 clarifies that these specifications do not alter any other coin-specification determination already in force.\n\n**Who is affected**\n\n- The Royal Australian Mint: required to mint coins consistent with these technical specifications. (Section 3 and Schedule 1.)\n- Customers and dealers in collectible and investment coins: the specification determines the physical attributes, appearance and legal tender denomination of the coins they sell, buy or value.\n- Assayers, refiners, and secondary-market participants: gold purity and weight tolerances affect authentication and valuation processes.\n- State bodies or businesses that handle legal tender (banks, retail cash-handling services): the coins will have a legal denomination and defined physical specifications that affect acceptance and handling.\n\n**Why it matters (practical effects and mechanisms)**\n\n- Legal recognition and standardisation: by specifying composition, weight, dimensions and designs, the Determination defines what those coins are for legal and commercial purposes (authentication, valuation, and circulation as legal tender). (Section 3; Schedule 1.)\n\n- Production and compliance obligations: the Mint must manufacture to the narrow tolerances listed (for example, 10.368 g ± 0.100 g for a $150 coin). That imposes technical manufacturing standards and quality control requirements. (Schedule 1.)\n\n- Market signalling to buyers and speculators: specifying high gold purity (>=99.99%) and exact weights informs investors and collectors about intrinsic metal content and collectible attributes; this affects how the market prices and trades the coins. The Determination itself does not set sale prices. (Schedule 1.)\n\n- No displacement of other determinations: section 4 ensures these entries are additive and do not revoke or change other specification instruments — so multiple series of coins can coexist legally.\n\n**Incentives, costs, trade-offs and implementation issues**\n\n- Who pays: purchasers and collectors pay market price; the Mint bears production costs. If market metal value differs substantially from face value, buyers’ incentives will be driven by bullion and collectible demand rather than the legal face value. (Schedule 1.)\n\n- Administrative discretion and certainty: the delegated power under subsection 13A(1) lets an authorised official set technical coin specifications without separate primary legislation for each design; this provides operational speed but concentrates specification authority in the executive. (Section 3.)\n\n- Compliance burden: low for the private sector beyond standard verification and valuation tasks, but non‑trivial for the Mint because of precision manufacturing tolerances and approved obverse/reverse designs.\n\n- Market effects on private enterprise: the Determination imposes technical standards that affect coin retailers, graders, and assayers (they must authenticate against these specs). It does not itself restrict competition or set prices. It can, however, create small niche rents for businesses specialising in bullion‑grade collectible coins when demand for the particular designs exists.\n\n- Risks and opportunity costs: the specification is narrowly technical and unlikely to impose major regulatory costs, but the Mint allocates production capacity and design slots to these issues, which is an opportunity cost relative to other coin programs.\n\n**Relevant sections**\n\n- Legal basis and scope: subsection 13A(1) of the Currency Act 1965 (authority cited in instrument) and section 3 of the Determination (specification content). \n- Additive effect: section 4 (does not affect other determinations). \n- Full technical details: Schedule 1 (Items 1–4)."},"flash_summary_failed":{"failed":true,"reason":"A positive credit balance is required for all requests, including BYOK, so fallback providers remain available. Add credits at https://vercel.com/d?to=%2F%5Bteam%5D%2F%7E%2Fai%3Fmodal%3Dtop-up to continue.","source":"analysis-cron"},"kimi_summary":{"content_quality":"ok","complexity_score":2,"scope_assessment":{"changed":false,"description":"The legislation remains tightly focused on its original purpose of specifying technical details for particular commemorative coins. The scope has not expanded beyond coin specification."},"complexity_factors":["Short, single-purpose instrument with only 4 operative sections plus a schedule","No defined terms section - all language is plain and technical specifications are in tables","No cross-references to other legislation except the empowering provision (Currency Act 1965)","Simple structure: interpretation (sections 1-2), operative provisions (sections 3-4), and detailed specifications in tabular format","No conditional logic, exceptions, or nested provisions","Self-contained - all necessary information appears in the one document"],"plain_english_summary":"This law sets the official technical specifications for four commemorative Australian gold coins minted in 2005–2006, fixing denominations ($150 and $200), very high purity (≥99.99% gold), weight, dimensions, obverse and reverse designs, shape and milled edge so the Royal Australian Mint must produce them to legal‑tender standards. \n\nIt primarily affects collectors, investors and the Mint by ensuring consistency, authenticity and trust in these coins as official currency."}},"importantCases":[],"_links":{"self":"/api/acts/currency-royal-australian-mint-determination-2004-no-9","history":"/api/acts/currency-royal-australian-mint-determination-2004-no-9/history","analysis":"/api/acts/currency-royal-australian-mint-determination-2004-no-9/analysis","conflicts":"/api/acts/currency-royal-australian-mint-determination-2004-no-9/conflicts","importantCases":"/api/acts/currency-royal-australian-mint-determination-2004-no-9/important-cases","documents":"/api/acts/currency-royal-australian-mint-determination-2004-no-9/documents"}}