1Currency (Royal Australian Mint) Determination (No. 1) 2017

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Currency (Royal Australian Mint) Determination (No. 1) 2017

I, Michael McCormack, Minister for Small Business, make the following determination.

Dated 8 February 2017

Michael McCormack

Minister for Small Business

 

 

 

 

 

Contents

1 Name

2 Commencement

3 Authority

4 Definitions

5 Specification of denominations and standard compositions

6 Standard weight, design and dimensions of coins

Schedule 1—Standard composition, standard weight, design and dimensions of coins of specified denominations

Part 1—Specifications of coins

1 Specifications

Part 2—Explanation of symbols

2 Symbols used in Part 1

 

1  Name

  This is the Currency (Royal Australian Mint) Determination (No. 1) 2017.

2  Commencement

This instrument commences on the day after it is registered.

3  Authority

  This instrument is made under paragraph 13(2)(b) and subsection 13A(1) of the Currency Act 1965.

4  Definitions

  In this instrument:

Act means the Currency Act 1965.

5  Specification of denominations and standard compositions

 (1) This section is made for the purposes of paragraph 13(2)(b) of the Act.

 (2) The Act has effect, on and after the day on which this instrument commences, as if:

 (a) there were included in the Schedule to the Act the references to denominations of money specified in Part 1 of Schedule 1 to this instrument; and

 (b) there were specified in the Schedule to the Act opposite to each such denomination, as the standard composition of coins of that denomination, the standard composition specified for the denomination in Part 1 of Schedule 1 to this instrument.

 (3) This section does not affect any other provision of a determination made for the purposes of paragraph 13(2)(b) of the Act.

6  Standard weight, design and dimensions of coins

 (1) This section is made for the purposes of subsection 13A(1) of the Act.