{"id":"F2012L01816","name":"Currency (Royal Australian Mint) Determination 2012 (No. 5)","slug":"currency-royal-australian-mint-determination-2012-no-5","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"in_force","isInForce":true,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":89793,"registerId":"commonwealth-F2012L01816-current","compilationNumber":null,"startDate":"2026-04-02","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Currency (Royal Australian Mint) Determination 2012 (No. 5)","content":"![](image.001.png)\n\nCurrency (Royal Australian Mint) Determination 2012 (No. 5)\n\nCurrency Act 1965\n\nI, BERNIE RIPOLL, Parliamentary Secretary to the Treasurer, make this Determination under subsection 13A (1) of the Currency Act 1965.\n\nDated: 22nd August 2012\n\nBERNIE RIPOLL\n\nParliamentary Secretary to the Treasurer\n\n1 Name of Determination\n\nThis Determination is the Currency (Royal Australian Mint) Determination 2012 (No.5).\n\n2 Commencement\n\nThis Determination commences on the day after it is registered.\n\n3 Definitions\n\nIn this Determination:\n\nAct means the Currency Act 1965.\n\n4 Standard weight, allowable variation, dimensions and design\n\n(1) For subsection 13A (1) of the Act, on and after the day on which this Determination commences, each item in Part 1 of Schedule 1 specifies, for a coin having the denomination and standard composition mentioned in the item (being a coin whose denomination is specified, or taken to be specified, in the Schedule to the Act):\n\n(a) the coin’s standard weight; and\n\n(b) the allowable variation from that standard weight; and\n\n(c) the coin’s dimensions; and\n\n(d) the coin’s design.\n\n(2) Subsection (1) does not affect any other determination of the standard weight and allowable variation, dimensions or design of a coin, made under subsection 13A (1) of the Act.\n\nSchedule 1\n\n(section 4)\n\nPart 1 Specifications of coins\n\n```html\n

Item

Denomination

Standard composition

Standard weight and allowable variation (g)

Dimensions

Design

Maximum diameter (mm)

Maximum thickness (mm)

Shape

Edge

Obverse

Reverse

1

$2

Copper, aluminium and nickel

6.60 ± 0.26

20.62

3.20

S1

E1

O1

R1

2

$1

Not less than 99.9% silver

31.103 + 1.80

40.60

4.00

S1

E2

O2

R2

\n```\n\nPart 2 Explanation of symbols \n\n| Item | Design Feature | Symbol | Explanation |\n| ---- | -------------- | ------ | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| 1 | Shape | S1 | Circular |\n| 2 | Edge | E1 | Interrupted milling |\n| 3 | Edge | E2 | Continuously milled |\n| 4 | Obverse | O1 | A design consisting of Queen Elizabeth II and the following:(a) ‘IRB’;(b) ‘ELIZABETH II’;(c) ‘AUSTRALIA 2012’ |\n| 5 | Obverse | O2 | A design consisting of Queen Elizabeth II and the following:(a) ‘IRB’;(b) ‘ELIZABETH II’;(c) ‘AUSTRALIA 2013’;(d) ‘. 1 DOLLAR .’ |\n| 6 | Reverse | R1 | A design consisting of:(a) a central circle containing:(i) the words ‘REMEMBRANCE DAY’ repeated and presented in 11 rows;(ii) the words ‘LEST WE FORGET’ in inverse order, repeated and presented in 11 rows; and(b) superimposed on that text, a design consisting of a representation of a poppy flower; and(c) 2 representations of a poppy flower; and(d) the following:(i) ‘TWO DOLLARS’;(ii) ‘REMEMBRANCE’ |\n| 7 | Reverse | R2 | A design consisting of:(a) a coloured image of a patch of grass; and(b) a coloured image of a kangaroo with a joey in its pouch; and(c) a representation of a hilly landscape with trees; and(d) a representation of the contour of leaves; and(e) an artist’s impression of leaves; and(f) a stylised representation of the designer’s initials ‘AB’; and(g) a circular border containing the inscriptions:(i) ‘EASTERN GREY KANGAROO’;(ii) ‘1 oz .999 Ag’ |","sortOrder":0}],"analysis":{"kimi_summary":{"content_quality":"ok","complexity_score":2,"scope_assessment":{"changed":false,"description":"This determination serves its original narrow purpose: authorising specific commemorative coin issues under the Currency Act 1965. It does not expand beyond the standard function of coinage determinations, which is to set physical and design specifications for particular coin issues."},"complexity_factors":["Very short instrument (4 operative sections plus schedules)","Only 1 defined term ('Act')","Single cross-reference to Currency Act 1965, subsection 13A(1)","No conditional logic or nested exceptions — straightforward tabular specification","Technical complexity limited to engineering/metallurgical specifications presented in table format","Non-legal complexity: requires reference to external design documents (S1, E1, E2, O1, O2, R1, R2 symbols explained in Part 2)"],"plain_english_summary":"This determination authorises the Royal Australian Mint to produce two commemorative legal‑tender coins: a 2012 $2 Remembrance Day coin and a 2013 $1 silver kangaroo coin. It prescribes their exact weight, dimensions, metal composition and designs (including the monarch’s obverse and special reverse artwork), ensuring the Mint, collectors and the public receive authentic, consistent coins that may lawfully circulate."},"flash_summary":{"complexity_score":2,"scope_assessment":{"changed":false,"description":"This Determination does not broaden the statutory scope of the Currency Act; it operates squarely within the existing delegated power under subsection 13A(1) to fix coin specifications. It updates/records physical and design details for two specific coins (a $2 Remembrance Day coin and a 1 oz .999 silver $1 coin). The change is routine and particular (new specifications), not an expansion of the Act’s substantive reach or regulatory purpose."},"complexity_factors":["Short instrument (few sections: name, commencement, definitions, operative section, Schedule).","One defined term in the Determination (Act).","Schedule 1 contains a two-row technical table (two coin items) and a short Part 2 legend mapping six symbols.","Single cross-reference to subsection 13A(1) of the Currency Act 1965 (enabling power).","Minor formatting ambiguity in the weight/variation entry for the 1 oz silver coin (\"31.103 + 1.80\") that could require interpretation."],"plain_english_summary":"**What this Determination does (mechanically)\n\n- This instrument tells the Royal Australian Mint the exact physical specifications for two coins (weight, allowable variation in weight, diameter, thickness, shape, edge type, and the obverse and reverse designs). It becomes effective the day after registration (see section 2) and operates under the power in subsection 13A(1) of the Currency Act 1965 (see section 4). The specs are set out in Schedule 1.\n\n- The two specified items in Schedule 1 are:\n - A $2 coin (copper, aluminium and nickel) with a standard weight of 6.60 g ± 0.26 g, diameter 20.62 mm, thickness 3.20 mm, circular shape, interrupted milling on the edge, obverse image O1 (Queen Elizabeth II; inscriptions include ‘IRB’, ‘ELIZABETH II’, ‘AUSTRALIA 2012’), and reverse image R1 (a Remembrance Day / poppy design with the words ‘TWO DOLLARS’ and ‘REMEMBRANCE’).\n - A $1 coin struck in not less than 99.9% silver (a 1 oz bullion-style coin) with a standard weight of 31.103 g and an allowable variation stated as +1.80 g, diameter 40.60 mm, thickness 4.00 mm, circular shape, continuously milled edge, obverse image O2 (Queen Elizabeth II; inscriptions include ‘IRB’, ‘ELIZABETH II’, ‘AUSTRALIA 2013’, and ‘. 1 DOLLAR .’), and reverse image R2 (a coloured design of an eastern grey kangaroo and landscape; includes ‘EASTERN GREY KANGAROO’ and ‘1 oz .999 Ag’).\n\n- Part 2 of Schedule 1 simply explains the shorthand symbols used in the table (for shape, edge, obverse and reverse design codes).\n\nWhat the instrument claims to achieve (stated purpose) and immediate effects\n\n- The Determination exercises the statutory power to fix physical and visual characteristics of coins the Mint will issue. The immediate, mechanical effect is to require the Mint to produce (or authorise production of) coins that match these specifications. That is a technical, administrative use of the Currency Act power (see section 4(1) and Schedule 1).\n\nCosts, incentives, trade-offs and implementation considerations\n\n- Who decides: the Parliamentary Secretary to the Treasurer made the Determination under the statutory power (front page and section 4). The Mint must follow the specifications when producing the coins.\n\n- Who pays: production costs are borne by the Mint (and ultimately the Commonwealth budget or commercial revenue from sales of commemorative/bullion coins). There is no new tax or levy imposed on the public by this instrument itself.\n\n- Effects on private actors: effects are narrow and practical. The Determination does not change legal tender status or monetary policy — it simply prescribes how particular coins are to be made:\n - Coin-handling businesses (vending machine operators, coin-sorting equipment manufacturers) may need to note differences in dimensions or edge type if these coins are intended for circulation; in practice the $1 silver entry appears to be a 1 oz bullion/collector coin (contains 1 oz .999 Ag and the inscription indicates it), so it is unlikely to be used as everyday change and so imposes minimal retooling costs on commerce.\n - Collectors, dealers and the Mint’s commercial customers are directly affected (design, composition, and specification matter for valuation and marketing).\n\n- Compliance and administrative burden: minimal. This is a routine technical specification under an existing statutory power. It does not create ongoing regulatory obligations for the public.\n\n- Market and competition effects: limited and concentrated. The Mint (a Commonwealth entity) sets and benefits from the design and sale of commemorative/bullion coins; private firms supplying design, minting inputs, packaging, or distribution may win business. The Determination does not restrict other parties from producing non-legal-tender tokens or medals, but it does reserve these particular legal-tender coin specifications to the Mint.\n\n- Implementation risks and ambiguity: low, but the table formatting leaves an odd presentation of the weight/allowable variation for the 1 oz silver coin (it shows \"31.103 + 1.80\"), which may require the Mint to interpret whether the allowable variation is asymmetric or simply formatted unusually. Section 4(2) preserves prior determinations (this instrument does not override other coin specifications made under the same statutory power).\n\nConcentrated benefits and opportunity costs\n\n- Concentrated benefits: designers, the Mint, coin collectors, and distributors of commemorative/bullion product. The public at large faces little direct cost from this Determination beyond the normal costs of minting and any commercial pricing of collector/bullion coins.\n\n- Opportunity costs: administrative time to prepare and register the Determination and the Mint’s production capacity used to strike these designs rather than other coins.\n\nKey legal references in the instrument: section 4 (links the Determination to subsection 13A(1) of the Currency Act), Schedule 1 (the detailed technical table) and Part 2 of Schedule 1 (symbol explanations)."},"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"}},"importantCases":[],"_links":{"self":"/api/acts/currency-royal-australian-mint-determination-2012-no-5","history":"/api/acts/currency-royal-australian-mint-determination-2012-no-5/history","analysis":"/api/acts/currency-royal-australian-mint-determination-2012-no-5/analysis","conflicts":"/api/acts/currency-royal-australian-mint-determination-2012-no-5/conflicts","importantCases":"/api/acts/currency-royal-australian-mint-determination-2012-no-5/important-cases","documents":"/api/acts/currency-royal-australian-mint-determination-2012-no-5/documents"}}