Rule · CBTT · 22 Mar 2017
The Minister of Finance of Trinidad and Tobago issued these regulations under the Central Bank Act to establish mandatory standards for coins issued by the Central Bank. The rules prescribe specific standard weights and material compositions for denominations ranging from 1 Cent to 50 Cent, as detailed in the accompanying Schedule. Additionally, the regulations define permissible remedy allowances, limiting variations from these standard weight and composition specifications to ensure currency consistency.
LEGAL NOTICE NO. 25
REPUBLIC OF TRINIDAD AND TOBAGO THE CENTRAL BANK ACT, CHAP. 79:02 REGULATIONS MADE BY THE MINISTER OF FINANCE UNDER SECTIONS 26(2) AND 60(1) OF THE CENTRAL BANK ACT THE CENTRAL BANK COINS (STANDARD WEIGHT AND COMPOSITION) REGULATIONS, 2017
94 Central Bank Coins (Standard Weight and Composition) Regulations, 2017 FIRST SECOND COLUMN THIRD COLUMN COLUMN Denomination Standard Weight Standard Composition Remedy Allowance (grams) Composition Weight 10 Cent 25 Cent 1.41 3.53 Multi-Ply Nickel Plated Steel Nickel: 4.5% Copper: 5.5% Steel: 90.0% Ni 4.5u, Cu 13u, Ni 7u Multi-Ply Nickel Plated Steel Nickel: 3.0% Copper: 3.5% Steel: 93.5% Ni 4.5u, Cu 13u, Ni 6.5u +/ - 2% do. +/ - 5% do.
SCHEDULE
PART II
WEIGHT, COMPOSITION AND REMEDY ALLOWANCE FIRST SECOND COLUMN THIRD COLUMN COLUMN Denomination Standard Weight Standard Composition Remedy Allowance (grams) Composition Weight 1 Cent 1.94 Bronze Copper: 97% Zinc: 2.5% Tin: 0.5% +/ - 2% +/ - 5%
SCHEDULE
PART I
WEIGHT, COMPOSITION AND REMEDY ALLOWANCE–CONTINUED
Central Bank Coins (Standard Weight and Composition) 95 Regulations, 2017
SCHEDULE
PART II
WEIGHT, COMPOSITION AND REMEDY ALLOWANCE–CONTINUED FIRST SECOND COLUMN THIRD COLUMN COLUMN Denomination Standard Weight Standard Composition Remedy Allowance (grams) Composition Weight 5 Cent 10 Cent 25 Cent 50 Cent 3.24 1.41 3.53 7.07 Bronze Copper: 97% Zinc: 2.5% Tin: 0.5% Cupro-Nickel Copper: 75.0% Nickel: 25.0% Cupro-Nickel Copper: 75.0% Nickel: 25.0% Cupro-Nickel Copper: 75.0% Nickel: 25.0% +/ - 2% do. do. do. +/ - 5% do. do. do. Dated this 22nd day of March, 2017.
C. IMBERT
Minister of Finance
PRINTED BY THE GOVERNMENT PRINTER, CARONI REPUBLIC OF TRINIDAD AND TOBAGO–2017
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“Central Bank Coins (Standard Weight and Composition) Regulations (LN 25/2017)”
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