3284
THE NEW ZEALAND GAZETTE.
[No. 85

and twenty-seven, and the twenty-fourth day of March, one thousand nine hundred and twenty-eight, respectively, regulations were made under the authority of the Acts therein recited, inter alia, for the conduct of the business in the Public Trust Office, prescribing the rates of interest payable on moneys in the Common Fund of the Public Trust Office, and fixing the charges to be made by the Public Trustee:

And whereas it is desirable to amend such regulations in the manner hereinafter set forth, and to make additional regulations:

Now, therefore, His Excellency the Governor-General of the Dominion of New Zealand, in pursuance and exercise of the powers and authorities conferred by the Public Trust Office Act, 1908, and of all other powers and authorities in this behalf him enabling, and acting by and with the advice and consent of the Executive Council of the said Dominion, doth hereby make the regulations set out in the Schedule hereto, and doth order that the regulations hereby made shall come into force on and from the date hereof.

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SCHEDULE.

CHARGES TO BE MADE BY THE PUBLIC TRUSTEE.

1. REGULATION 21 of the principal regulations is hereby amended as follows:—

(a) By deleting clause (h) thereof and substituting therefor the following:—

(h) (i) On compensation-moneys or damages received under the Workers’ Compensation Act, 1922: 1 per cent.

The foregoing charge shall cover the whole of the services rendered by the Public Trustee in connection with such moneys.

(ii) On money or damages received under section 13 of the Public Trust Office Amendment Act, 1913—

On so much thereof as is immediately payable under Court order or otherwise to the person entitled: 1 per cent.

On so much thereof as is held and administered in terms of Court order or otherwise: 2½ per cent.

(b) By deleting clause (p) thereof, as amended by Order in Council dated the 10th day of November, 1925, and substituting therefor the following:—

(p) The minimum fee for the administration of any estate shall be £2 2s.; and, in addition to this charge, commission shall be charged on income received at the rate or rates prescribed by these regulations: Provided that in the case of sums received by the Public Trustee under section 17 of the Public Trust Office Amendment Act, 1913, the minimum fee shall not apply.

2. For the preparation by the Public Trustee of a will appointing the Public Trustee executor no charge shall be made either at the time of preparation or when the estate subsequently falls in for administration.

F. D. THOMSON,
Clerk of the Executive Council.

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Regulation under the Government Life Insurance Act, 1908.

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CHARLES FERGUSSON, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 17th day of December, 1929.

Present:

THE HONOURABLE G. W. FORBES, PRESIDING IN COUNCIL.

IN pursuance and exercise of the powers and authorities in this behalf vested in him by the Government Life Insurance Act, 1908 (hereinafter referred to as “the said Act”), and of all other powers and authorities in this behalf vested in him, His Excellency the Governor-General of the Dominion of New Zealand, acting by and with the advice and consent of the Executive Council of the said Dominion, doth hereby revoke, first, the table designated “Immediate Annuities” in the Second Schedule to the Order in Council made under the said Act on the nineteenth day of December, one thousand nine hundred and eight; secondly, the tables designated “nC25” and “nC30” in the Second Schedule to the Order in Council made under the said Act on the nineteenth day of April, one thousand nine hundred and ten; thirdly, the tables designated “nC” and “nC20” contained in the Schedule to the Order in Council made under the said Act on the twenty-fourth day of June, one thousand nine hundred and eighteen; and, fourthly, the table designated “nI” contained in the Schedule to the Order in Council made under the said Act on the first day of June, one thousand nine hundred and twenty-five; and doth hereby approve and direct the use of the tables set forth in the Schedules hereto; and doth hereby order that this present Order in Council shall take effect on and after the first day of January, one thousand nine hundred and thirty, and shall be read with the aforesaid Order in Council made under the said Act on the nineteenth day of December, one thousand nine hundred and eight.

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FIRST SCHEDULE.

TABLE VII.

Table showing the Sum to be paid for an Immediate Annuity of £10 per Annum payable in Half-yearly or Quarterly Instalments with a Proportionate Payment to Date of Death.

MALE LIVES.

| 40 | £ s. d. 168 5 0 | £ s. d. 169 2 0 |
| 50 | 143 18 0 | 144 13 0 |
| 60 | 113 4 0 | 113 16 0 |
| 70 | 81 0 0 | 81 9 0 |
| 80 | 51 11 0 | 51 16 0 |

FEMALE LIVES.

| 40 | £ s. d. 177 19 0 | £ s. d. 178 17 0 |
| 50 | 157 12 0 | 158 8 0 |
| 60 | 129 9 0 | 130 2 0 |
| 70 | 94 11 0 | 95 1 0 |
| 80 | 58 18 0 | 59 5 0 |

The sums to be paid for annuities at ages last birthday intermediate between those above specified shall be graduated progressively in accordance with the sums set out above.

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SECOND SCHEDULE.

TABLE nC.

Endowment Assurances, without Profits.

| 10 | £ s. d. 3 19 4 | £ s. d. 2 19 9 | £ s. d. 2 6 11 |
| 20 | 4 0 0 | 3 0 9 | 2 8 3 |
| 30 | 4 1 10 | 3 3 1 | 2 11 3 |
| 40 | 4 6 4 | 3 8 11 | 2 18 7 |
| 50 | 4 17 4 | 4 2 10 | 3 15 6 |
| 55 | 5 7 8 | 4 15 8 | .. |
| 60 | 6 3 8 | .. | .. |

TABLE nI.

Annual Premium payable during the Whole of Life to secure a Whole Life Assurance of £100 without Profits, payable at Death only.

Children under 10 (last birthday) cannot be accepted for assurances under the above Tables nC and nI in this Schedule.

Annual premiums in respect of assurances under the above tables for ages at nearest birthday intermediate between those above specified shall be graduated progressively in accordance with the premiums set out above. A premium payable half-yearly, quarterly, or monthly (including four-weekly) shall be a proportionate part of the respective annual premium increased by a percentage of 2½, 5, or 7½, as the case may be.