11 JULY

NEW ZEALAND GAZETTE

Warwick, Richard Terence, New Life Christian Fellowship.
Whiunui, Chris, Jehovah’s Witnesses.
Dated at Wellington this 5th day of July 2002.
B. E. CLARKE, Registrar-General.

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Land Information New Zealand

Rating Valuations Act 1998

Notice of Rating Valuations Rules

Pursuant to section 5 of the Rating Valuations Act 1998, public notice is given that the Rating Valuations Rules, Version 3.0 have been made and will come into force from 9 August 2002.

The rules may be inspected on and downloaded from the following web site:

www.linz.govt.nz

Copies may also be obtained from the Office of the Valuer-General, Land Information New Zealand, P.O. Box 5501, Wellington. Telephone: (04) 460 0152. Email: valuergeneral@linz.govt.nz

Dated this 9th day of July 2002.

WARWICK EDWARD QUINN, Valuer-General.

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Labour

Injury Prevention, Rehabilitation, and Compensation Act 2001

Direction to the Accident Compensation Corporation Relating to Government Policy on the Non-Compliers Fund Established Under the Accident Insurance Act 1998 and Continued Under the Injury Prevention, Rehabilitation, and Compensation Act 2001

To: The Accident Compensation Corporation.

Background

The Non-Compliers Fund (“the fund”) was established under the Accident Insurance Act 1998 (“the AI Act”) in order to cover the cost of claims relating to the employees of employers who failed to take out accident insurance cover for work-related personal injury under that Act.

As well as administering the fund, the Regulator has the role of ensuring that where an employer failed to enter into, or maintain in force, an accident insurance contract, as required by the AI Act, any employee of that employer receives any statutory entitlements from the fund to which they are entitled.

With the return of the provision of workplace accident insurance to the Accident Compensation Corporation (“the corporation”) and the winding down of the various roles of the Regulator under the AI Act, the Government has decided to transfer the role of the Regulator in relation to the fund to the corporation.

Under section 345 of the Injury Prevention, Rehabilitation, and Compensation Act 2001, the Minister for ACC may direct the corporation to assume the Regulator’s role in relation to the fund.

The effect of such a direction is that the corporation assumes the role of the Regulator in all respects in relation to the fund and the Regulator has no further responsibilities in relation to the fund.

Under section 345 (4), the corporation and the Regulator must then enter into an agreement to achieve the effect of the direction.

Policy Direction

Pursuant to section 345 of the Injury Prevention, Rehabilitation, and Compensation Act 2001, I hereby direct:

• the corporation to assume the Regulator’s role in relation to the fund; and
• that in administering the fund, the corporation must comply with the accounting requirements set out in section 277 of the Accident Insurance Act 1998, as that section applies to the fund.

This direction continues in force until it is revoked.

Dated at Wellington this 19th day of June 2002.

LIANNE DALZIEL, Minister for ACC.

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Public Trust

Public Trust Act 2001

The Public Trust Common Fund Interest Rates Notice 11 July 2002

The following notice is given pursuant to sections 50 (1) and 50 (5) of the Public Trust Act 2001 (“the Act”).

Notice

1. Title and commencement—This notice may be cited as the Public Trust Common Fund Interest Rates Notice 11 July 2002.

(2) The determinations and revocation notified in this notice take effect from and including 6 July 2002.

2. Interpretation—(1) Unless the context otherwise requires:

“agency deposit” means a deposit (not being an investment deposit) held as agent or attorney;

“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;