NEW ZEALAND GAZETTE

No. 17

"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
13 February 2003 is revoked.

(2) The rates of interest specified in Schedule 1 to this notice
do not apply to any period that ends with 24 February 2003
but otherwise operate as from 25 February 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
25 February 2003; but

(ii) do apply to investment deposits repayable at
the end of a fixed term that commenced on or after
25 February 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

Dated at Wellington this 25th day of February 2003.

PAT WAITE, Acting Chief Executive, Public Trust.

go1417

Treasury

Public Finance Act 1989

Notice of Publication of Financial Statements of the Crown

Pursuant to section 31B of the Public Finance Act 1989, the
Minister of Finance gives notice of the publication of
the financial statements of the Crown for:

• the six months ended 31 December 2002, on 21 February 2003.

Copies of these financial statements are available:

• for inspection free of charge at the National Library of
  New Zealand, Auckland City Library, Wellington Public
  Library and Canterbury Public Library;
• for purchase at branches of Bennetts bookshops; and
• through the internet at:
  http://www.treasury.govt.nz

Dated at Wellington this 21st day of February 2003.

DR MICHAEL CULLEN, Minister of Finance.

go1396