New Zealand Gazette – 2002 – No. 67

Page 1770

✨ Financial and Legal Notices

NEW ZEALAND GAZETTE

No. 67

1770

"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 13 May 2002 is revoked.

(2) The rates of interest specified in Schedule 1 to this notice do not apply to any period that ends with 14 June 2002 but otherwise operate as from 15 June 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 15 June 2002; but

(ii) do apply to investment deposits repayable at the end of a fixed term that commenced on or after 15 June 2002.\n

Schedule 1

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

Type of Deposit	% interest rate p.a.
Agency deposit	3.75
Call deposit	2.25
Investment deposit at call	3.75
Special deposit	5.80
Trust deposit	3.75

Schedule 2

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

Term and Dollar Range of the Deposit	% interest rate p.a.
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	5.57
For the range $50,000 to $249,999 inclusive	5.60
For the range above $250,000	5.63
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	5.53
For the range $50,000 to $249,999 inclusive	5.58
For the range above $250,000	5.67
Fixed term of 12 months
For the range $5,000 to $9,999 inclusive	5.30
For the range $10,000 to $49,999 inclusive	6.01
For the range $50,000 to $249,999 inclusive	6.07
For the range above $250,000	6.12

Dated at Wellington this 17th day of June 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 Bank Chambers Limited:

Take notice that I, Dr Alan Esmond 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 in all that parcel of land containing 1 square metre, more or less, situate in the Borough of Hastings, being Lots 1 and 2 on Deposited Plan 7075, which said parcel of land is part of the Heretaunga Block, and being all the land comprised and described in certificate of title 112/111, Hawke’s Bay Land Registry, being a property formerly held by Bank Chambers Limited, a company removed from the Companies Register on 25 March 1977 and formerly having its registered office at Hastings.

And I certify that the vesting of the said properties did not come to my notice until 29 April 2002.

Dated at Wellington this 13th day of June 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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VUW Te Waharoa — NZ Gazette 2002, No 67

Gazette.govt.nz — NZ Gazette 2002, No 67

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✨ LLM interpretation of page content

🏢 Public Trust Common Fund Interest Rates Notice (continued from previous page)

Domain🏢 State Enterprises & Insurance
Dated17 June 2002
KeywordsPublic Trust, Interest Rates, Deposits, Common Fund, Schedules
👩‍💼 Officials

TIM SOLE, Chief Executive, Public Trust

⚖️ Notice of Disclaimer Under Section 338 of the Companies Act 1955

Domain⚖️ Justice & Law Enforcement
Dated13 June 2002
KeywordsDisclaimer, Land Transfer, Companies Act, Bank Chambers Limited, Hastings
👩‍💼 Officials

Dr Alan Esmond Bollard, Secretary to the Treasury
KIM HAILWOOD, Executive Assistant, Wellington

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