β¨ Financial Determinations, Legal Appointments
NEW ZEALAND GAZETTE
25 JUNE
2181
15 April Outstanding (1) Payments Outstanding
| 1992 | 500,000 | 71,175 | 0 |
| 1993 | 571,175 | 81,307 | 250,000 |
| 1994 | 402,482 | 57,293 | 0 |
| 1995 | 459,775 | 65,449 | 0 |
| 1996 | 525,224 | 74,776 | 600,000 |
(1) using the yield to maturity method and a rate of 14.235%.
(2) 571,175 + 81,307 - 250,000 = 402,482
Then using Determination G1A: Apportionment of Income and Expenditure on a Daily Basis the position of the lender after the variation would be as follows:
| Year Ending 31 March | Income Derived (1) | Actual (2) | Expenditure Incurred |
|---|---|---|---|
| 1992 | 71,303 | 68,258 | 71,303 |
| 1993 | 94,867 | 80,883 | 84,867 |
| 1994 | 97,584 (3) | 58,279 (4) | 51,250 (5) |
| 1995 | 112,095 | 65,114 | 65,114 |
| 1996 | 128,770 | 74,401 | 74,401 |
| 1997 | 5,381 | 3,065 | 3,065 |
| Total | 500,000 | 350,000 | 350,000 |
Notes:
(1) Calculated using the Yield to Maturity Method and original cash flows.
(2) Calculated using the Yield to Maturity Method and changed cash flows.
(3) There are 350 days from 15 April 1993 to 31 March 1994 and 85,406 x 15/365 + 98,106 x 350/365 = 97,584
(4) Similarly, 81,307 x 15/365 + 57,293 x 350/365 = 58,279
(5) Expenditure calculated using this determination where:
a = 68,258 + 80,883 + 58,279 = 207,420
b = 0
c = 71,303 + 84,867 = 156,170
d = 0
so a - b - c + d = 51,250 which being a positive amount is deemed to be income derived for the 1994 income year.
In the 1997 income year the income derived would be calculated using the base price adjustment in section 64F where:
a = all consideration paid to the person = 850,000
b = acquisition price = 500,000
c = income derived in previous income years = 346,935
a - (b + c) = 3,065 which is a positive amount therefore in terms of section 64F (4) (a) (i) it is deemed to be income derived by the holder (lender).
This determination is signed by me on the 28th day of May in the year 1992.
R. D. ADAIR, Deputy Commissioner of Inland Revenue.
go5695
Austin Allegro, registration No. JH 5087.
A. L. BRIERTON, Deputy Registrar.
go5659
District Courts Act 1947
Extension of District Court Judgeβs Jurisdiction
Pursuant to section 28B of the District Courts Act 1947, Her Excellency the Governor-General has been pleased to appoint
Margaret Lee
to exercise the criminal jurisdiction of the District Courts under Part IIA of the District Courts Act 1947.
Dated at Wellington this 12th day of June 1992.
D. A. M. GRAHAM, Minister of Justice.
go5784
Judicature Act 1908
Commissioner of High Court Appointed
Pursuant to section 47 of the Judicature Act 1908, the Right Honourable Sir Thomas Eichelbaum, G.B.E., Chief Justice of New Zealand,
Ian Andrew Ness of Melbourne, Australia
to be a Commissioner of the High Court of New Zealand to Melbourne and for the purpose of administering and taking oaths, affidavits and affirmations as in the said section mentioned.
Dated at Wellington this 2nd day of June 1992.
J. D. EARLES, Registrar High Court, Wellington.
go5641
Oaths and Declarations Act 1957
Officers in the Department of Justice Authorised to Take Statutory Declarations
Pursuant to section 9 of the Oaths and Declarations Act 1957, I hereby authorise the holders for the time being of the offices in the service of the Crown specified in the Schedule below to take statutory declarations under the said Act.
Schedule
Department of Justice
Maori Land Court
Registrar.
Deputy Registrar.
Dated at Wellington this 15th day of June 1992.
D. A. M. GRAHAM, Minister of Justice.
(Adm. 3/28/3/18)
go5782
Officers in the Christchurch City Council Authorised to Take Statutory Declarations
Pursuant to section 9 of the Oaths and Declarations Act 1957, I hereby authorise the holders for the time being of the offices in the service of the local authority specified in the Schedule below to take statutory declarations under the said Act.
Schedule
Christchurch City Council
Chief Clerk, Fendalton Service Centre.
Chief Clerk, Sockburn Service Centre.
Chief Clerk, Beckenham Service Centre.
Chief Clerk, Linwood Service Centre.
Justice
Criminal Justice Act 1985
Notice of Confiscation of Motor Vehicle
Pursuant to section 84 (2) of the Criminal Justice Act 1985, an order was made in the District Court at Christchurch on Wednesday, the 10th day of June 1992, against Philip Alexander Webb for the confiscation of the following motor vehicle:
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VUW Te Waharoa —
NZ Gazette 1992, No 95
NZLII —
NZ Gazette 1992, No 95
β¨ LLM interpretation of page content
π°
Determination G25: Variations in the Terms of a Financial Arrangement
(continued from previous page)
π° Finance & Revenue28 May 1992
Financial Arrangements, Variations, Income Tax, Yield to Maturity, Base Price Adjustment
- R. D. Adair, Deputy Commissioner of Inland Revenue
βοΈ Extension of District Court Judgeβs Jurisdiction
βοΈ Justice & Law Enforcement12 June 1992
District Courts, Jurisdiction, Appointment
- Margaret Lee, Appointed to exercise criminal jurisdiction
- D. A. M. Graham, Minister of Justice
βοΈ Commissioner of High Court Appointed
βοΈ Justice & Law Enforcement2 June 1992
High Court, Commissioner, Appointment
- Thomas Eichelbaum (Sir), Chief Justice of New Zealand
- Ian Andrew Ness, Appointed Commissioner of High Court
- J. D. Earle, Registrar High Court, Wellington
βοΈ Officers Authorised to Take Statutory Declarations
βοΈ Justice & Law Enforcement15 June 1992
Statutory Declarations, Authorisation, Department of Justice
- D. A. M. Graham, Minister of Justice
βοΈ Officers in Christchurch City Council Authorised to Take Statutory Declarations
βοΈ Justice & Law EnforcementStatutory Declarations, Authorisation, Christchurch City Council
- D. A. M. Graham, Minister of Justice
βοΈ Notice of Confiscation of Motor Vehicle
βοΈ Justice & Law EnforcementConfiscation, Motor Vehicle, Criminal Justice Act
- Philip Alexander Webb, Confiscation of motor vehicle