568 NEW ZEALAND GAZETTE No. 24

(ii) stops at the end of the day immediately preceding
the day on which the deposit ceases to be held by
Public Trust.

(2) A trust deposit representing income received by Public
Trust (not being Common Fund interest) on terms requiring
that income to be accumulated:

(i) is capitalised quarterly on the 1st days of January,
April, July and October in each year; but

(ii) until so capitalised, does not bear interest.

(3) A deposit representing Common Fund interest paid on
any other deposit (other than an investment deposit) on
terms requiring that interest to be accumulated:

(i) is capitalised quarterly on the 1st days of January,
April, July and October in each year; but

(ii) until so capitalised, does not bear interest.

(4) A deposit representing Common Fund interest paid on an
investment deposit repayable at call, unless otherwise
agreed by Public Trust and the principal:

(i) is capitalised quarterly on the 1st days of January,
April, July and October in each year; but

(ii) until so capitalised, does not bear interest.

5. Deposits that do not carry Common Fund interest—

(1) This paragraph applies to a deposit that is paid by Public
Trust to the Crown Bank Account for the credit of the
Treasury by virtue of:

(i) section 74 of the Public Finance Act 1989; or

(ii) any other authority.

(2) A deposit to which this paragraph applies does not carry
interest.

(3) Despite subparagraph (2), interest shall be calculated and
credited on a deposit to which this paragraph applies until
that deposit has been so identified and set apart in the
accounts of Public Trust.

(4) Upon a deposit to which this paragraph applies being so
identified and set apart in the accounts of Public Trust all
accumulations of interest (if any) on the deposit shall be
refunded to Public Trust.

6. Revocation of notice and transitional provisions—

(1) The Public Trust Common Fund Interest Rules Notice
7 March 2002 is revoked.

(2) The rules notified in this notice take effect from and
including 1 March 2004.

Dated at Wellington this 1st day of March 2004.

PAT WAITE, Chief Executive, Public Trust.

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Social Development

Social Security Act 1964

Approval for Rural Assistance Under Special Needs Grant 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 (the programme), I give my approval for Part 6 of the
programme to apply as follows:

Rural Assistance – Farmers

1. Farmers in the affected areas whose land based industries
   are directly affected by flooding are eligible to be
   considered for financial assistance under Part 6 of the
   programme.

2. In relation to such farmers, Part 6 of the programme
   applies for the period beginning on the date of this
   approval and ending on 31 August 2004, unless extended
   by the Minister.

3. In this approval, affected areas means the territories of
   the following local authorities:

Carterton District Council
Central Hawke’s Bay District Council
Horowhenua District Council
Hutt City Council
Kapiti Coast District Council
Manawatu District Council
Masterton District Council
Rangitikei District Council
South Taranaki District Council
South Wairarapa District Council
Tararua District Council
Upper Hutt City Council
Wanganui District Council

Dated this 24th day of February 2004.

STEVE MAHAREY, Minister for Social Development and
Employment.

go1385

Pathways Payment Amendment 2004

Pursuant to section 124 (1) (d) of the Social Security Act
1964, the Minister for Social Development and Employment
makes the following amendment to the Pathways Payment
Programme (as established and approved on 30 June 2002).

Dated at Wellington this 25th day of February 2004.

STEVE MAHAREY, Minister for Social Development and
Employment.

Amendment

1. Title— (1) This amendment is the Pathways Payment
   Amendment 2004.

(2) In this amendment, the Pathways Payment Programme is
called “the programme”.

2. Commencement— This amendment comes into effect
   on the day after its publication in the New Zealand Gazette.

3. Interpretation— Clause 4 (1) of the programme is
   amended by inserting, after the definition of bridging
   finance, the following definition:

“employment” means paid employment, but does not include:

“(a) employment as a sex worker or as an operator of
a business of prostitution (as those terms are
defined in the Prostitution Reform Act 2003); or

“(b) employment in any other occupation of a kind
that provides, or directly facilitates the provision
of, services:

“(i) for the sexual gratification of one or more
other persons; and

“(ii) that are provided for payment or other
reward (irrespective of whether the reward
is given to the person providing the
services or another person).”

Explanatory Note

This note is not part of the amendment, but is intended to
indicate its general effect.

This amendment to the Pathways Payment Programme,
which takes effect on the day after its publication in the