16 OCTOBER

NEW ZEALAND GAZETTE

4031

“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
2 October 2003 is revoked.

(2) The rates of interest specified in Schedule 1 to this notice
do not apply to any period that ends with 12 October 2003
but otherwise operate as from 13 October 2003.

(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
13 October 2003; but

(ii) do apply to investment deposits repayable at
the end of a fixed term that commenced on or after
13 October 2003.

Schedule 1

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

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 | 4.30 |
For the range $10,000 to $49,999 inclusive | 4.60 |
For the range $50,000 to $249,999 inclusive | 4.75 |
For the range above $250,000 | 4.85 |

Fixed term of 6 months

For the range $5,000 to $9,999 inclusive | 4.30 |
For the range $10,000 to $49,999 inclusive | 4.85 |
For the range $50,000 to $249,999 inclusive | 5.00 |
For the range above $250,000 | 5.00 |

Fixed term of 9 months

For the range $5,000 to $9,999 inclusive | 4.30 |
For the range $10,000 to $49,999 inclusive | 4.80 |
For the range $50,000 to $249,999 inclusive | 4.85 |
For the range above $250,000 | 5.00 |

Fixed term of 12 months

For the range $5,000 to $9,999 inclusive | 4.40 |
For the range $10,000 to $49,999 inclusive | 4.90 |
For the range $50,000 to $249,999 inclusive | 5.00 |
For the range above $250,000 | 5.05 |

Dated at Wellington this 10th day of October 2003.

PAT WAITE, Chief Executive, Public Trust.

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Social Development

Social Security Act 1964

Extension of Approval in Relation to Rural Assistance Under Special Needs Grants Programme

Under clauses 18.2 and 18.6 of the Special Needs Grants Programme (as established and approved on 18 December 1998 under section 124 (1) (d) of the Social Security Act 1964), I give my approval for Part 6 of the programme to continue to apply as follows.

Rural Assistance—Farmers

1. Farmers in the affected areas whose land based industry is directly affected by the drought conditions over the 2002 to 2003 summer period are eligible to continue to be considered for financial assistance under Part 6 of the programme.

2. In relation to such farmers, Part 6 continues to apply for the period beginning on 1 September 2003 and ending on 30 November 2003, unless further extended by the Minister.

3. In this approval, affected areas has the meaning in the Extension of Approval in relation to Rural Assistance under Special Needs Grants Programme dated 14 May 2003.

Dated this 30th day of September 2003.

STEVE MAHAREY, Minister for Social Development and Employment.

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Transport

Civil Aviation Act 1990

State Sector Act 1988

Notice of Granting a Scheduled International Air Service Licence

Pursuant to section 87N (4) of the Civil Aviation Act 1990, section 41 (1) of the State Sector Act 1988, and to a delegation from the Secretary for Transport dated 29 March 2000, notice is given that, having received an application