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Name of Determination
1 Name of Determination
This Determination is the Currency (Royal Australian Mint) Determination 2009 (No. 9).
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Commonwealth legislation
This Determination sets the standard composition of Five‑cent, Ten‑cent, Twenty‑cent and Two‑dollar coins to “At least 99.99% gold” and records technical specifications (standard weight, allowable variation, dimensions and design) in Schedule 1 (ss4–5). It affects the Royal Australian Mint and anyone issuing or producing these denominations: the Mint decides production and bears minting costs of high‑purity gold coins; purchasers/collectors face valuation and pricing changes. Existing determinations remain unaffected (s4(2); s6).
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Direct links to the current provisions in Currency (Royal Australian Mint) Determination 2009 (No. 9).
This Determination is the Currency (Royal Australian Mint) Determination 2009 (No. 9).
This Determination commences on the day after it is registered.
In this Determination:
Act means the Currency Act 1965.
(1) For paragraphs 13(2)(a) and (b) 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, opposite to the reference to the denomination “Five cents”, the standard composition “At least 99.99% gold” as the standard composition of coins of that denomination; and (b) there were included in the Schedule to the Act, opposite to the reference to the denomination “Ten cents”, the standard composition “At least 99.99% gold” as the standard composition of coins of that denomination; and (c) there were included in the Schedule to the Act, opposite to the reference to the denomination “Twenty cents”, the standard composition “At least 99.99% gold” as the standard composition of coins of that denomination; and (d) there were included in the Schedule to the Act, a reference to the denomination “Two dollars” and there were specified in the Schedule, opposite that denomination, the standard composition “At least 99.99% gold” as the standard composition of coins of that denomination. (2) Subsection (1) does not affect any other determination made under paragraph 13(2)(a) or (b) of the Act.
For subsection 13A(1) of the Act, each item in Schedule 1 specifies, for a coin having the denomination and standard composition mentioned in the item: (a) the coin’s standard weight; and (b) the allowable variation from that standard weight; and (c) the coin’s dimensions; and (d) the coin’s design.
The specifications in Schedule 1 do not affect any other determination of the specifications of a coin.
Sourced from the Federal Register of Legislation (legislation.gov.au), CC BY 4.0.
This Determination is the Currency (Royal Australian Mint) Determination 2009 (No. 9).
This Determination commences on the day after it is registered.
In this Determination:
Act means the Currency Act 1965.
(1) For paragraphs 13(2)(a) and (b) 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, opposite to the reference to the denomination “Five cents”, the standard composition “At least 99.99% gold” as the standard composition of coins of that denomination; and (b) there were included in the Schedule to the Act, opposite to the reference to the denomination “Ten cents”, the standard composition “At least 99.99% gold” as the standard composition of coins of that denomination; and (c) there were included in the Schedule to the Act, opposite to the reference to the denomination “Twenty cents”, the standard composition “At least 99.99% gold” as the standard composition of coins of that denomination; and (d) there were included in the Schedule to the Act, a reference to the denomination “Two dollars” and there were specified in the Schedule, opposite that denomination, the standard composition “At least 99.99% gold” as the standard composition of coins of that denomination. (2) Subsection (1) does not affect any other determination made under paragraph 13(2)(a) or (b) of the Act.
For subsection 13A(1) of the Act, each item in Schedule 1 specifies, for a coin having the denomination and standard composition mentioned in the item: (a) the coin’s standard weight; and (b) the allowable variation from that standard weight; and (c) the coin’s dimensions; and (d) the coin’s design.
The specifications in Schedule 1 do not affect any other determination of the specifications of a coin.