15 AUGUST

NEW ZEALAND GAZETTE

"call deposit" means a deposit (not being an agency deposit, an investment deposit, a special deposit or a trust deposit) held in the ordinary course of administration, and determined by Public Trust to be held at call;

"deposit" means a sum of money held by Public Trust belonging to any estate, which money for the time being forms part of the Common Fund;

"investment deposit" means a deposit held at call or otherwise as an investment under section 51 of the Act;

"special deposit" means a deposit held other than at call on behalf of the Crown, or any local authority within the meaning of the Local Government Act 1974;

"trust deposit" means a deposit held on trust:

(i) for persons not of full age or capacity; or

(ii) for beneficiaries not entitled to payment at call; or

(iii) otherwise than at call (not being a special deposit).

(2) Expressions defined in the Act have the same meaning in this notice as they do in the Act.

3. Rates of Common Fund interest

(1) The rate of Common Fund interest payable on a deposit (other than an investment deposit repayable at the end of a fixed term) shall be that specified in Schedule 1 for the appropriate type of deposit.

(2) The rate of Common Fund interest payable on an investment deposit repayable at the end of a fixed term shall be that specified in Schedule 2 for the appropriate term and dollar range.

(3) Despite subparagraph (1), the rate of Common Fund interest payable on a deposit made pursuant to an enactment shall be the rate (if any) specified in the enactment.

(4) Despite subparagraph (1), in particular cases or classes of case, Public Trust and the depositor may agree on a rate of interest payable on a special deposit that is different from the rate specified in Schedule 1 and the agreed rate then applies.

4. Revocation of notice and transitional provisions

(1) The Public Trust Common Fund Interest Rates Notice 8 August 2002 is revoked.

(2) The rates of interest specified in Schedule 1 to this notice do not apply to any period that ends with 9 August 2002 but otherwise operate as from 10 August 2002.

(3) The rates of interest specified in Schedule 2 to this notice:

(i) do not apply to investment deposits repayable at the end of a fixed term that commenced prior to 10 August 2002; but

(ii) do apply to investment deposits repayable at the end of a fixed term that commenced on or after 10 August 2002.\n

Schedule 1

Rate of interest payable on a deposit (other than an investment deposit repayable at the end of a fixed term)

2799

Schedule 2

Rate of interest payable on an investment deposit repayable at the end of a fixed term

Fixed term of 3 months

For the range $5,000 to $9,999 inclusive | 4.89 |
For the range $10,000 to $49,999 inclusive | 5.10 |
For the range $50,000 to $249,999 inclusive| 5.14 |
For the range above $250,000 | 5.15 |

Fixed term of 6 months

For the range $5,000 to $9,999 inclusive | 5.14 |
For the range $10,000 to $49,999 inclusive | 5.58 |
For the range $50,000 to $249,999 inclusive| 5.61 |
For the range above $250,000 | 5.65 |

Fixed term of 9 months

For the range $5,000 to $9,999 inclusive | 5.18 |
For the range $10,000 to $49,999 inclusive | 5.54 |
For the range $50,000 to $249,999 inclusive| 5.59 |
For the range above $250,000 | 5.68 |

Fixed term of 12 months

For the range $5,000 to $9,999 inclusive | 5.29 |
For the range $10,000 to $49,999 inclusive | 5.92 |
For the range $50,000 to $249,999 inclusive| 5.96 |
For the range above $250,000 | 6.00 |

Dated at Wellington this 12th day of August 2002.

TIM SOLE, Chief Executive, Public Trust.

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Treasury

Companies Act 1955

Land Transfer Act 1952

Notice of Disclaimer Under Section 338 of the Companies Act 1955

In the matter of the Land Transfer Act 1952, and in the matter of section 338 of the Companies Act 1955, and in the matter of Allied Farmers Co-Operative (Properties) Limited:

Take notice that I, Dr Alan Esmon Bollard, Secretary to the Treasury, pursuant to section 338 of the Companies Act 1955, hereby disclaim for and on behalf of Her Majesty the Queen, all right, title and interest of Her Majesty the Queen in an estate in fee simple as to an undivided 1/5 share in all that parcel of land containing 1239 square metres (1239m²), more or less, being Section 59, Town of Te Kauwhata, and being all the land comprised and described in certificate of title 63B/35, South Auckland Land Registry, being a property formerly held by Allied Farmers Co-Operative (Properties) Limited, a company removed from the Companies Register on 23 October 1993 and formerly having its registered office at Auckland.

And I certify that the vesting of the said properties did not come to my notice until 19 July 2002.

Dated at Wellington this 9th day of August 2002.

Signed by the Secretary to the Treasury, the said Dr Alan Esmond Bollard, for and on behalf of Her Majesty the Queen in the presence of:

KIM HAILWOOD, Executive Assistant, Wellington.

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