NEW ZEALAND GAZETTE, No. 57

20 MAY 2004

approve courses for Employment Relations Education (ERE)

Leave to the ERE Advisory Committee.

The ERE Advisory Committee has approved the following courses:

National Distribution Union (NDU)

Title: Women Workers and Their Workplace Issues

New Zealand Council of Trade Unions (NZCTU)

Title: Leadership Development for Women Workers

Public Service Association (PSA)

Title: Delegate Workshop – Building Participation
Title: Delegate Workshop – Employment Relations Act

Unite! & Clothing, Laundry and Allied Workers Union (CLAW)

Title: Cross Union Delegates Seminar

Waitec Training and Employment (Te Whanau o Waipareira Trust)

Title: Introduction to the Nuts and Bolts of Employment Relations for Māori at Work

Authorised by:
WILF MALCOLM, Chair, Employment Relations Education Advisory Committee.

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Employment Relations Education Leave:

Reapproved Course

Under section 72 (3) of the Employment Relations Act 2000, the Minister of Labour has delegated the power to approve courses for Employment Relations Education (ERE) Leave to the ERE Advisory Committee.

The ERE Advisory Committee has reapproved the following course:

New Zealand Council of Trade Unions (NZCTU)

Title: Women Workers and Their Workplace Issues

Authorised by:
WILF MALCOLM, Chair, Employment Relations Education Advisory Committee.

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Health and Safety in Employment Act 1992

Occupational Health and Safety Training:

Approved Course

Under section 19G (3) of the Health and Safety in Employment Act 1992, the Minister of Labour has delegated the power to approve courses of occupational health and safety training to the Employment Relations Education (ERE) Advisory Committee.

The ERE Advisory Committee has approved the following course under section 19G (1) of the Health and Safety in Employment Act 1992:

Redit Limited

Title: Health and Safety Representative Training

Authorised by:
WILF MALCOLM, Chair, Employment Relations Education Advisory Committee.

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Public Trust

Public Trust Act 2001

The Public Trust Common Fund Interest Rates

Notice 20 May 2004

The following notice is given pursuant to section 50 of the Public Trust Act 2001 (“the Act”).

Notice

1. Title and commencement—(1) This notice may be cited as the Public Trust Common Fund Interest Rates Notice 20 May 2004.

(2) The determinations and revocation notified in this notice take effect from and including 13 May 2004.

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 protection 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;

“protection deposit” means a deposit, held at call, of tuition, boarding, accommodation or other fees by or on behalf of a student enrolled at a private training establishment within the meaning of Part 18 of the Education Act 1989;

“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 (not being an agency deposit, an investment deposit, a protection deposit or a special 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.

(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 on deposits (other than investment deposits repayable at the end of a fixed term or protection deposits) shall be that specified in Schedule 1 for the appropriate type of deposits.

(2) The rate of Common Fund interest on each protection deposit associated with a particular private training establishment shall be that specified in Schedule 2 for the appropriate dollar range of the total of those deposits.

(3) The rate of Common Fund interest payable on investment deposits repayable at the end of a fixed term shall be that specified in Schedule 3 for the appropriate interest payment frequency, term and dollar range.

(4) Despite subparagraph (1), the rate of Common Fund interest payable on deposits made pursuant to an enactment shall be the rate (if any) specified in the enactment.

(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