What it does
This instrument, the Currency (Royal Australian Mint) Determination 2001 (No. 4), is a ministerial determination made under subsection 13A(1) of the Currency Act 1965, signed and dated by the Minister for Financial Services and Regulation on 20 September 2001. Its operative mechanics are simple and narrowly defined by its text.
Mechanically the Determination does three things. First, it gives the Determination a legal name (s 1). Second, it sets its commencement date: the Determination commences on gazettal (s 2). Third, and substantively, it prescribes technical specifications for a set of coins by reference to a schedule. Section 3(1) states the legislative function: for each coin having the denomination and standard composition listed in columns 2 and 3 of Part 1 in Schedule 1, the Determination specifies the standard weight, the allowable variation from that weight, the dimensions and the design (columns 4-6 of that Part). Section 3(2) clarifies how to read the word diameter where the coin is not circular, defining diameter as the distance between two parallel faces of the edge of the coin.
The Schedule (Schedule 1, Part 1) is the operative annex that contains line items (items 101-112) listing denominations (for example $1, 50c, $5, $100), standard compositions (for example copper-aluminium-nickel, not less than 99.9% silver, not less than 99.9% gold, austenitic stainless steel etc.), the standard weight and allowable variation (given in grams), the diameter (mm), thickness (mm), shape and edge codes, and obverse and reverse design codes. Part 2 of the Schedule decodes those shape, edge, obverse and reverse symbols into textual descriptions (for example S1 = Circular; E1 = Continuously milled; O27 = an effigy of Queen Elizabeth II with the monogram ‘IRB’ and inscriptions including ‘ELIZABETH II’ and ‘AUSTRALIA 2002’; R286 = a holographic representation of the Federation Rotunda with specified inscriptions).