✨ 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 Judge’s 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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✨ LLM interpretation of page content

πŸ’° Determination G25: Variations in the Terms of a Financial Arrangement (continued from previous page)

πŸ’° Finance & Revenue
28 May 1992
Financial Arrangements, Variations, Income Tax, Yield to Maturity, Base Price Adjustment
  • R. D. Adair, Deputy Commissioner of Inland Revenue

βš–οΈ Extension of District Court Judge’s Jurisdiction

βš–οΈ Justice & Law Enforcement
12 June 1992
District Courts, Jurisdiction, Appointment
  • Margaret Lee, Appointed to exercise criminal jurisdiction

  • D. A. M. Graham, Minister of Justice

βš–οΈ Commissioner of High Court Appointed

βš–οΈ Justice & Law Enforcement
2 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

βš–οΈ Officers Authorised to Take Statutory Declarations

βš–οΈ Justice & Law Enforcement
15 June 1992
Statutory Declarations, Authorisation, Department of Justice
  • D. A. M. Graham, Minister of Justice

βš–οΈ Officers in Christchurch City Council Authorised to Take Statutory Declarations

βš–οΈ Justice & Law Enforcement
Statutory Declarations, Authorisation, Christchurch City Council
  • D. A. M. Graham, Minister of Justice

βš–οΈ Notice of Confiscation of Motor Vehicle

βš–οΈ Justice & Law Enforcement
Confiscation, Motor Vehicle, Criminal Justice Act
  • Philip Alexander Webb, Confiscation of motor vehicle