Section 1 - Currency Determination No. 1 of 1998 - Currency Determination No. 1 of 1998

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Currency Determination No. 1 of 1998

as amended

made under subsection 13A (1) of the

Currency Act 1965

This compilation was prepared on 28 March 2006
taking into account amendments up to Currency Determination No. 6 of 1998

Prepared by the Office of Legislative Drafting and Publishing,
Attorney‑General’s Department, Canberra

Contents

1 Citation [see Note 1]

2 Commencement

3 Specifications of coins

4 Application of Determination

Schedule

Part 1 Specifications of coins

Part 2 Explanation of symbols

Notes

1 Citation [see Note 1]

This Determination may be cited as the Currency Determination No. 1 of 1998.

2 Commencement

This Determination commences on 15 February 1998.

3 Specifications of coins

This Determination specifies, for a coin having the denomination and standard composition specified in columns 1 and 2 of Part 1 of the Schedule, the standard weight, the allowable variation from that weight, the dimension and the design set out in columns 3, 4 and 5 of that Part.

4 Application of Determination

This Determination does not affect any other determination of the specifications of a coin.

Schedule

(clause 3)

Part 1 Specifications of coins

<table cellspacing="0" cellpadding="0" style="width:442.7pt; border:0.75pt solid #000000; border-collapse:collapse"><tbody><tr><td style="width:56.05pt; border-right:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableColHead" style="text-align:center"><span style="font-size:8pt">Column 1</span></p></td><td style="width:52.1pt; border-right:0.75pt solid #000000; border-left:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableColHead" style="text-align:center"><span style="font-size:8pt">Column 2</span></p></td><td style="width:58.1pt; border-right:0.75pt solid #000000; border-left:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableColHead" style="text-align:center"><span style="font-size:8pt">Column 3</span></p></td><td colspan="2" style="width:94.1pt; border-right:0.75pt solid #000000; border-left:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableColHead" style="text-align:center"><span style="font-size:8pt">Column 4</span></p></td><td colspan="4" style="width:142.1pt; border-left:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableColHead" style="text-align:center"><span style="font-size:8pt">Column 5</span></p></td></tr><tr><td rowspan="2" style="width:56.05pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableColHead" style="text-align:center"><span style="font-size:8pt">Denomination (and nominal weight in ounces)</span></p></td><td rowspan="2" style="width:52.1pt; border:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableColHead" style="text-align:center"><span style="font-size:8pt">Standard</span><br><span style="font-size:8pt">composition</span></p></td><td rowspan="2" style="width:58.1pt; border:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableColHead" style="text-align:center"><span style="font-size:8pt">Standard weight and allowable</span><br><span style="font-size:8pt">variation (g)</span></p></td><td colspan="2" style="width:94.1pt; border-right:0.75pt solid #000000; border-left:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableColHead" style="text-align:center"><span style="font-size:8pt">Dimensions</span></p></td><td colspan="4" style="width:142.1pt; border-left:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableColHead" style="text-align:center"><span style="font-size:8pt">Design</span></p></td></tr><tr><td style="width:40.1pt; border:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableColHead" style="text-align:center"><span style="font-size:8pt">(1)</span><br><span style="font-size:8pt">Diameter</span><br><span style="font-size:8pt">(mm)</span></p></td><td style="width:46.1pt; border:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableColHead" style="text-align:center"><span style="font-size:8pt">(2)</span><br><span style="font-size:8pt">Thickness</span><br><span style="font-size:8pt">(mm)</span></p></td><td style="width:28.1pt; border:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableColHead" style="text-align:center"><span style="font-size:8pt">(1)</span><br><span style="font-size:8pt">Shape</span></p></td><td style="width:22.1pt; border:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableColHead" style="text-align:center"><span style="font-size:8pt">(2)</span><br><span style="font-size:8pt">Edge</span></p></td><td style="width:34.1pt; border:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableColHead" style="text-align:center"><span style="font-size:8pt">(3)</span><br><span style="font-size:8pt">Obverse</span></p></td><td style="width:34.1pt; border-top:0.75pt solid #000000; border-left:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableColHead" style="text-align:center"><span style="font-size:8pt">(4)</span><br><span style="font-size:8pt">Reverse</span></p></td></tr><tr><td style="width:56.05pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">$5</span><br><span style="font-size:9pt">(1/20 oz)</span></p></td><td style="width:52.1pt; border:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">Not less than 99.99% gold</span></p></td><td style="width:58.1pt; border:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">1.571 </span><span style="font-family:Symbol, serif; font-size:9pt"></span><span style="font-size:9pt"> 0.015</span></p></td><td style="width:40.1pt; border:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">14.10</span></p></td><td style="width:46.1pt; border:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">1.40</span></p></td><td style="width:28.1pt; border:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">S1</span></p></td><td style="width:22.1pt; border:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">E1</span></p></td><td style="width:34.1pt; border:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">O1</span></p></td><td style="width:34.1pt; border-top:0.75pt solid #000000; border-left:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">R60</span></p></td></tr><tr><td style="width:56.05pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">$15</span><br><span style="font-size:9pt">(1/10 oz)</span></p></td><td style="width:52.1pt; border:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">Not less than 99.99% gold</span></p></td><td style="width:58.1pt; border:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">3.133 </span><span style="font-family:Symbol, serif; font-size:9pt"></span><span style="font-size:9pt"> 0.022</span></p></td><td style="width:40.1pt; border:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">16.10</span></p></td><td style="width:46.1pt; border:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">1.50</span></p></td><td style="width:28.1pt; border:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">S1</span></p></td><td style="width:22.1pt; border:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">E1</span></p></td><td style="width:34.1pt; border:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">O1</span></p></td><td style="width:34.1pt; border-top:0.75pt solid #000000; border-left:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">R60</span></p></td></tr><tr><td style="width:56.05pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">$25</span><br><span style="font-size:9pt">(1/4 oz)</span></p></td><td style="width:52.1pt; border:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">Not less than 99.99% gold</span></p></td><td style="width:58.1pt; border:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">7.807 </span><span style="font-family:Symbol, serif; font-size:9pt"></span><span style="font-size:9pt"> 0.030</span></p></td><td style="width:40.1pt; border:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">20.10</span></p></td><td style="width:46.1pt; border:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">2.00</span></p></td><td style="width:28.1pt; border:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">S1</span></p></td><td style="width:22.1pt; border:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">E1</span></p></td><td style="width:34.1pt; border:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">O1</span></p></td><td style="width:34.1pt; border-top:0.75pt solid #000000; border-left:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">R60</span></p></td></tr><tr><td style="width:56.05pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">$50</span><br><span style="font-size:9pt">(1/2 oz)</span></p></td><td style="width:52.1pt; border:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">Not less than 99.99% gold</span></p></td><td style="width:58.1pt; border:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">15.594 </span><span style="font-family:Symbol, serif; font-size:9pt"></span><span style="font-size:9pt"> 0.040</span></p></td><td style="width:40.1pt; border:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">25.10</span></p></td><td style="width:46.1pt; border:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">2.40</span></p></td><td style="width:28.1pt; border:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">S1</span></p></td><td style="width:22.1pt; border:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">E1</span></p></td><td style="width:34.1pt; border:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">O1</span></p></td><td style="width:34.1pt; border-top:0.75pt solid #000000; border-left:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">R60</span></p></td></tr><tr><td style="width:56.05pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">$100</span><br><span style="font-size:9pt">(1 oz)</span></p></td><td style="width:52.1pt; border:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">Not less than 99.99% gold</span></p></td><td style="width:58.1pt; border:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">31.162 </span><span style="font-family:Symbol, serif; font-size:9pt"></span><span style="font-size:9pt"> 0.055</span></p></td><td style="width:40.1pt; border:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">32.10</span></p></td><td style="width:46.1pt; border:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">2.80</span></p></td><td style="width:28.1pt; border:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">S1</span></p></td><td style="width:22.1pt; border:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">E1</span></p></td><td style="width:34.1pt; border:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">O1</span></p></td><td style="width:34.1pt; border-top:0.75pt solid #000000; border-left:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">R60</span></p></td></tr><tr><td style="width:56.05pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">$200</span><br><span style="font-size:9pt">(2 oz)</span></p></td><td style="width:52.1pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; border-left:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">Not less than 99.99% gold</span></p></td><td style="width:58.1pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; border-left:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">62.265 </span><span style="font-family:Symbol, serif; font-size:9pt"></span><span style="font-size:9pt"> 0.050</span></p></td><td style="width:40.1pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; border-left:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">40.60</span></p></td><td style="width:46.1pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; border-left:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">4.00</span></p></td><td style="width:28.1pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; border-left:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">S1</span></p></td><td style="width:22.1pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; border-left:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">E1</span></p></td><td style="width:34.1pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; border-left:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">O1</span></p></td><td style="width:34.1pt; border-top:0.75pt solid #000000; border-left:0.75pt solid #000000; padding-right:3.58pt; padding-left:3.58pt; vertical-align:top"><p class="TableText" style="text-align:center"><span style="font-size:9pt">R60</span></p></td></tr></tbody></table>

Title	Date of notificationin Gazette	Date ofcommencement	Application, saving ortransitional provisions
Currency Determination No. 1 of 1998	11 Feb 1998 (see Gazette 1998, No. GN6)	15 Feb 1998
Currency Determination No. 6 of 1998	4 Nov 1998 (see Gazette 1998, No. GN44)	16 Oct 1998	—

1Currency Determination No. 1 of 1998

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Design Feature	Symbol	Explanation
Shape	S1	Circular
Edge	E1	Milled
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 coin, followed by the word “DOLLARS”;that, in turn, surround an effigy of the Queen.
Reverse	R60	A circle of raised beads, immediately inside the rim, enclosing the inscriptions:(a) ‘THE AUSTRALIAN NUGGET X OZ. 9999 GOLD’ (where ‘X’ is the nominal weight, in ounces, of the coin expressed as a common fraction, or whole number, in arabic numerals); and(b) ‘1998’ or ‘1999’;that, in turn, surround:(c) a representation of a joey kangaroo; and(d) either:(i) for a coin dated 1998 — the inscription ‘P’; or(ii) for a coin dated 1999 — the inscription ‘P100’;superimposed on a sunburst design.