Commonwealth Numbered Acts

FINANCIAL LEGISLATION AMENDMENT ACT 1992 No. 11 of 1992 - SECT 4

4. Section 13 of the Principal Act is repealed and the following sections are
substituted: Standard composition of coins

"13.(1) Subject to paragraph (2)(a), the standard composition of the coins of
the denominations specified in the Schedule is as specified in the Schedule.

"(2) The Treasurer may, by signed instrument, determine that this Act is to
have effect, on and after a day specified in the determination, as if:

   (a)  a reference in the Schedule, opposite to the denomination of a coin,
        to the standard composition of coins of that denomination were a
        reference to such other standard composition as is specified in the
        determination; or

   (b)  there were included in the Schedule a reference to a denomination of
        money specified in the determination and there were specified in the
        Schedule opposite to that denomination, as the standard composition of
        coins of that denomination, the standard composition that is specified
        in the determination.

"(3) Where a determination is made for the purposes of paragraph (2)(a), then,
on and after the day specified in the determination and while the
determination remains in force, there is taken to be specified in the
Schedule, opposite to the denomination mentioned in the determination, such
other standard composition as is mentioned in the determination instead of, or
in addition to, the standard composition that is, or is taken to be, specified
in the Schedule immediately before that day.

"(4) Where a determination is made for the purposes of paragraph (2)(b), then,
on and after the day specified in the determination and while the
determination remains in force:

   (a)  the denomination of money specified in the determination is taken to
        be specified in the Schedule; and

   (b)  the standard composition specified in the determination is taken to be
        specified in the Schedule opposite to that denomination.

"(5) The Treasurer may specify in a determination more than one standard
composition in relation to a coin of a particular denomination.

"(6) A determination is a disallowable instrument for the purposes of section
46A of the Acts Interpretation Act 1901. Standard weight, design and dimension
of coins

"13A.(1) The Treasurer may, by signed instrument, determine, on and after a
day specified in the determination, the standard weight, the allowable
variation from that standard weight, the design and the dimensions of a coin
whose denomination is specified, or taken to be specified, in the Schedule.

"(2) The Treasurer may specify in a determination more than one standard
weight, design or set of dimensions, in relation to a coin of a particular
denomination.

"(3) Where the Treasurer specifies in a determination more than one standard
weight in respect of a coin of a particular denomination, the Treasurer must
specify in that determination an allowable variation in respect of each such
standard weight.

"(4) A determination is a disallowable instrument for the purposes of section
46A of the Acts Interpretation Act 1901.".