5Specification of denomination and standard composition

5 Specification of denomination and standard composition

(1) For paragraph 13 (2) (a) of the Act, the Act has effect, on and after the day on which this Determination commences, as if:

(a) there were included in the Schedule to the Act a reference to the denomination ‘Thirty thousand dollars’, and there were specified in the Schedule opposite that denomination the standard composition ‘not less than 99.99% gold’ as the standard composition for coins of that denomination; and

(b) there were included in the Schedule to the Act a reference to the denomination ‘Fifteen hundred dollars’, and there were specified in the Schedule opposite that denomination the standard composition ‘not less than 99.99% gold’ as the standard composition for coins of that denomination; and

(c) there were included in the Schedule to the Act a reference to the denomination ‘Eight hundred dollars’, and there were specified in the Schedule opposite that denomination the standard composition ‘not less than 99.99% gold’ as the standard composition for coins of that denomination; and

(d) there were included in the Schedule to the Act a reference to the denomination ‘Three hundred dollars’, and there were specified in the Schedule opposite that denomination the standard composition ‘not less than 99.99% gold’ and ‘not less than 99.9% silver’ as the standard composition for coins of that denomination; and

(e) there were included in the Schedule to the Act a reference to the denomination ‘Twenty dollars’, and there were specified in the Schedule opposite that denomination the standard composition ‘not less than 99.99% gold’ as the standard composition for coins of that denomination; and

(f) there were included in the Schedule to the Act a reference to the denomination ‘Eight dollars’, and there were specified in the Schedule opposite that denomination the standard composition ‘not less than 99.99% gold’ and ‘not less than 99.9% silver’ as the standard composition for coins of that denomination; and

(g) there were included in the Schedule to the Act a reference to the denomination ‘Fifty-five cents’, and there were specified in the Schedule opposite that denomination, the standard composition ‘not less than 99.9% silver’ as the standard composition for coins of that denomination.

(2) Subsection (1) does not affect any other determination made under paragraph 13 (2) (b) of the Act.