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Statutory Rules 1988 No. 2001

Currency Regulations2 (Amendment)

I, THE GOVERNOR-GENERAL of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, hereby make the following Regulations under the Currency Act 1965.

  Dated 19 August 1988.

N. M. STEPHEN
Governor-General
By His Excellency's Command,

Peter Morris
Minister of State for Transport and Communications Support

for and on behalf of the Treasurer

Designs of coins
1. Regulation 4 of the Currency Regulations is amended:
     (a) by omitting from subparagraph (a) (i) "and" (last occurring);
     (b) by omitting subparagraph (a) (ii) and substituting the following subparagraphs:
       "(ii) in the case of a coin of the denomination of $1—circular:
           (a) having a circular excision concentric with the circumference of the coin (in these Regulations called 'a holey dollar coin'); or
           (b) having no such excision; and
       (iii) in any other case—circular;";
     (c) by inserting in paragraph (b) "external" after "in respect of the";
     (d) by inserting in subparagraph (b) (i) ", 25 cents" after "2 cents";
     (e) by inserting after paragraph (b) the following paragraph:
       "(ba) in respect of the internal edge of a holey dollar coin— plain;";
(f) by inserting before subparagraph (c) (i) the following subparagraphs:
         "(iaa) in the case of a coin of the denomination of 25 cents— an effigy of the Queen and the inscriptions 'ELIZABETH II AUSTRALIA' and '25 CENTS', all encircled by raised beads inside the rim of the coin;
(S.R. 238/88) Cat. No. 14/15.8.1988

         (iab) in the case of a holey dollar coin—an effigy of the Queen and the inscriptions 'ELIZABETH II', 'AUSTRALIA' and 'ONE DOLLAR', all encircled by raised beads inside the rim of the coin;";
          (g) by inserting after subparagraph (d) (v) the following subparagraph:
          "(va) in the case of a coin of the denomination of 25 cents—a representation, in traditional Australian Aboriginal style, of 2 persons against a stippled background, the inscription 'QUARTER OZ.•THE DUMP•999 SILVER' and a reference (in figures) to the year of the coin, all encircled by raised beads inside the rim of the coin;";
     (h) by omitting from subparagraph (d) (viiiba) "sub-paragraph (viiibb) or (viiibc)" and substituting "subparagraph (viiibb), (viiibc) or (viiibca)";
     (i) by inserting after subparagraph (d) (viiibc) the following subparagraph:
           "(viiibca) in the case of a holey dollar coin—a representation, in traditional Australian Aboriginal style, of a snake, the inscription 'ONE OUNCE•THE HOLEY DOLLAR•999 SILVER' and a reference (in figures) to the year of the coin, all encircled by raised beads inside the rim of the coin;";
     (j) by inserting in subparagraph (d) (viiif) ", other than a coin referred to in subparagraph (viiifa)" after "$15";
     (k) by inserting after subparagraph (d) (viiif) the following subparagraph:
           "(viiifa) in the case of a coin of