Commonwealth legislation

Currency Determination No. 8 of 1992

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legislative instrument

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This Determination, made under the Currency Act 1965, creates and prescribes a new $5 “silver satellite” coin by setting its composition, physical dimensions, weight tolerance, edge, obverse and reverse designs, inscriptions and commencement date (cls.1–5). It directs production standards that the issuer/Mint must meet and was signed by the Parliamentary Secretary to the Treasurer (instrument header; cls.1–3).

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Currency Determination No. 8 of 1992

Commonwealth of Australia

Currency Act 1965

Currency Determination No. 8 of 1992

I, ROBERT McMULLAN, Parliamentary Secretary to the Treasurer, make the following Determination under the Currency Act 1965.

Dated 4 February 1992.

View image in the official source

Parliamentary Secretary to the Treasurer for and on behalf of the Treasurer

View image in the official sourceCitation

This Determination may be cited as Currency Determination No. 8 of 1992.

[NOTE: This Determination commences on gazettal: see Acts Interpretation Act 1901, ss.46A and 48.]

Interpretation

In this Determination:

“$5 silver satellite coin” means a coin of the denomination of $5:

(a) the specifications of which are set out in clause 4; and

(b) the design of which is set out in clause 5;

“Act” means the Currency Act 1965.

Specifications of coins

On and after 5 September 1992, the standard weight, the allowable variation from that standard weight, the design and the dimensions of a $5 silver satellite coin are as set out in this determination.

Specifications of $5 silver satellite coin

4 (1) The shape of a $5 silver satellite coin is circular.

(2) The edge of the coin is milled.

(3) The composition of the coin is 92.5% silver and 7.5% other metal.

(4) The standard weight of the coin is 35.79 grams.

(5) A variation of 0.63 grams from the standard weight is allowable.

(6) The diameter of the coin is 38.90 millimetres.

(7) The thickness of the coin is 3.50 millimetres.

Design of $5 silver satellite coin

5. (1) The obverse of a $5 silver satellite coin bears an effigy of the Queen and the inscriptions “ELIZABETH II AUSTRALIA” and “1992”.

(2) The reverse of the coin bears:

(a) a representation of a group of satellites in the form of the Southern Cross orbiting a globe on which the Australian continent appears; and

(b) the inscription “5 DOLLARS”.

9218692

Source text

Sourced from the Federal Register of Legislation (legislation.gov.au), CC BY 4.0.

1 Currency Determination No. 8 of 1992

Commonwealth of Australia

Currency Act 1965

Currency Determination No. 8 of 1992

I, ROBERT McMULLAN, Parliamentary Secretary to the Treasurer, make the following Determination under the Currency Act 1965.

Dated 4 February 1992.

Parliamentary Secretary to the Treasurer for and on behalf of the Treasurer

Citation

This Determination may be cited as Currency Determination No. 8 of 1992.

[NOTE: This Determination commences on gazettal: see Acts Interpretation Act 1901, ss.46A and 48.]

Interpretation

In this Determination:

“$5 silver satellite coin” means a coin of the denomination of $5:

(a) the specifications of which are set out in clause 4; and

(b) the design of which is set out in clause 5;

“Act” means the Currency Act 1965.

Specifications of coins

On and after 5 September 1992, the standard weight, the allowable variation from that standard weight, the design and the dimensions of a $5 silver satellite coin are as set out in this determination.

Specifications of $5 silver satellite coin

4 (1) The shape of a $5 silver satellite coin is circular.

(2) The edge of the coin is milled.

(3) The composition of the coin is 92.5% silver and 7.5% other metal.

(4) The standard weight of the coin is 35.79 grams.

(5) A variation of 0.63 grams from the standard weight is allowable.

(6) The diameter of the coin is 38.90 millimetres.

(7) The thickness of the coin is 3.50 millimetres.

Design of $5 silver satellite coin

5. (1) The obverse of a $5 silver satellite coin bears an effigy of the Queen and the inscriptions “ELIZABETH II AUSTRALIA” and “1992”.

(2) The reverse of the coin bears:

(a) a representation of a group of satellites in the form of the Southern Cross orbiting a globe on which the Australian continent appears; and

(b) the inscription “5 DOLLARS”.

9218692