✨ Financial and Public Trust Notices
8 APRIL 2004
NEW ZEALAND GAZETTE, No. 41
1037
(5) Despite subparagraphs (1), (2) and (3), in particular cases or classes of case, Public Trust and the depositor may agree on a rate of interest payable on investment deposits, protection deposits or special deposits that is different from the rate specified in Schedules 1, 2 or 3 and the agreed rate then applies.
- Revocation of notice and transitional provisions—
(1) The Public Trust Common Fund Interest Rates Notice 25 March 2004 is revoked.
(2) The rates of interest specified in Schedules 1 and 2 to this notice do not apply to any period that ends with 31 March 2004 but otherwise operate as from 1 April 2004.
(3) The rates of interest specified in Schedule 3 to this notice:
(i) do not apply to investment deposits repayable at the end of a fixed term that commenced prior to 1 April 2004; but
(ii) do apply to investment deposits repayable at the end of a fixed term that commenced on or after 1 April 2004.
Schedule 1
Rates of interest payable on deposits (other than investment deposits repayable at the end of fixed term or protection deposits)
| % p.a. | |
|---|---|
| Agency deposits | 3.50 |
| Call deposits | 2.00 |
| Investment deposits at call | 3.50 |
| Special deposits | 5.05 |
| Trust deposits | 3.25 |
Interest payable monthly
| $20,000-$49,999 % p.a. | $50,000-$249,999 % p.a. | $250,000+ % p.a. | |
|---|---|---|---|
| 6 mths | 5.05 | 5.14 | 5.14 |
| 9 mths | 5.06 | 5.31 | 5.31 |
| 1 yr | 5.13 | 5.37 | 5.37 |
| 18 mths | 5.27 | 5.27 | 5.37 |
| 24 mths | 5.46 | 5.46 | 5.46 |
| 30 mths | 5.46 | 5.46 | 5.46 |
| 36 mths | 5.51 | 5.51 | 5.51 |
| 4 yrs | 5.46 | 5.46 | 5.46 |
| 5 yrs | 5.56 | 5.56 | 5.56 |
Interest payable quarterly
| $20,000-$49,999 % p.a. | $50,000-$249,999 % p.a. | $250,000+ % p.a. | |
|---|---|---|---|
| 6 mths | 5.07 | 5.17 | 5.17 |
| 9 mths | 5.09 | 5.33 | 5.33 |
| 1 yr | 5.15 | 5.39 | 5.39 |
| 18 mths | 5.29 | 5.29 | 5.39 |
| 24 mths | 5.49 | 5.49 | 5.49 |
| 30 mths | 5.49 | 5.49 | 5.49 |
| 36 mths | 5.53 | 5.53 | 5.53 |
| 4 yrs | 5.49 | 5.49 | 5.49 |
| 5 yrs | 5.58 | 5.58 | 5.58 |
Schedule 2
Rates of interest payable on each protection deposit associated with a particular private training establishment
| Total deposits | % p.a. |
|---|---|
| Total deposits do not exceed $350,000 | 3.25 |
| Total deposits in range $350,001 to $1,750,000 | 3.65 |
| Total deposits exceed $1,750,000 | 4.05 |
Schedule 3
Rates of interest payable on investment deposits repayable at the end of a fixed term
Interest payable on maturity
| $5,000-$9,999 % p.a. | $10,000-$49,999 % p.a. | $50,000-$249,999 % p.a. | $250,000+ % p.a. | |
|---|---|---|---|---|
| 3 mths | 4.50 | 4.90 | 5.00 | 5.00 |
| 6 mths | 4.55 | 5.10 | 5.20 | 5.20 |
| 9 mths | 4.80 | 5.15 | 5.40 | 5.40 |
| 1 yr | 4.80 | 5.25 | 5.50 | 5.50 |
| 18 mths | 4.80 | 5.40 | 5.40 | 5.50 |
| 24 mths | 5.00 | 5.60 | 5.60 | 5.60 |
| 30 mths | 5.00 | 5.60 | 5.60 | 5.60 |
| 36 mths | 5.00 | 5.65 | 5.65 | 5.65 |
| 4 yrs | 5.20 | 5.60 | 5.60 | 5.60 |
| 5 yrs | 5.10 | 5.70 | 5.70 | 5.70 |
Dated at Wellington this 31st day of March 2004.
PAT WAITE, Chief Executive, Public Trust.
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The 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 eight months ended 29 February 2004, on 2 April 2004.
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 2nd day of April 2004.\n
DR MICHAEL CULLEN, Minister of Finance.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2004, No 41
Gazette.govt.nz —
NZ Gazette 2004, No 41
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Public Trust Common Fund Interest Rates Notice
(continued from previous page)
🏢 State Enterprises & Insurance31 March 2004
Public Trust, Common Fund, Interest Rates, Deposits
- PAT WAITE, Chief Executive, Public Trust
💰 Publication of Financial Statements of the Crown
💰 Finance & Revenue2 April 2004
Financial Statements, Crown, Treasury, Public Finance Act
- DR MICHAEL CULLEN, Minister of Finance