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Commonwealth of Australia

Currency Act 1965

Currency Determination No. 8 of 1992

I, ROBERT McMULLAN, Parliamentary Secretary to the Treasurer, make the following Determination under the Currency Act 1965.

  Dated 4 February 1992.

Parliamentary Secretary to the Treasurer for and on behalf of the Treasurer

Citation

1. This Determination may be cited as Currency Determination No. 8 of 1992.

[NOTE: This Determination commences on gazettal: see Acts Interpretation Act 1901, ss.46A and 48.]

Interpretation

     2. In this Determination:

"$5 silver satellite coin" means a coin of the denomination of $5:

     (a)       the specifications of which are set out in clause 4; and

     (b)      the design of which is set out in clause 5;

"Act" means the Currency Act 1965.

Specifications of coins

3. On and after 5 September 1992, the standard weight, the allowable variation from that standard weight, the design and the dimensions of a $5 silver satellite coin are as set out in this determination.

Specifications of $5 silver satellite coin

4 (1) The shape of a $5 silver satellite coin is circular.

     (2)       The edge of the coin is milled.

(3)       The composition of the coin is 92.5% silver and 7.5% other metal.

     (4)       The standard weight of the coin is 35.79 grams.

(5)       A variation of 0.63 grams from the standard weight is allowable.

     (6)       The diameter of the coin is 38.90 millimetres.

     (7)       The thickness of the coin is 3.50 millimetres.

Design of $5 silver satellite coin

5. (1) The obverse of a $5 silver satellite coin bears an effigy of the Queen and the inscriptions "ELIZABETH II AUSTRALIA" and "1992".

     (2) The reverse of the coin bears:

        (a)       a representation of a group of satellites in the form of the Southern Cross orbiting a globe on which the Australian continent appears; and

     (b)       the inscription "5 DOLLARS".

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