(1) Notwithstanding anything in regulation 2(a) of the Coinage Regulations 1967, the design for the one-dollar coin to be known as the 1988 Yellow-eyed Penguin Dollar, to be made and issued pursuant to section 10(1) of the Decimal Currency Act 1964, shall be as follows:
(a) for the obverse impression, the effigy of Her Majesty the Queen in profile wearing a diadem, with the inscription “ELIZABETH II NEW ZEALAND”
around the periphery of the coin and the date “1988”
below the effigy:
(b) for the reverse impression, 2 yellow-eyed penguins (Megadyptes Antipodes), one in the foreground facing left and standing amongst marram grass, and one in the background facing right, and with a typical New Zealand shoreline in the background. The words “ONE DOLLAR”
and “YELLOW-EYED PENGUIN”
shall appear around the periphery of the coin, the words “ONE DOLLAR”
being above the larger penguin, and the words “YELLOW-EYED PENGUIN”
being below the larger penguin.