Financial Notices




7 APRIL 2005

NEW ZEALAND GAZETTE, No. 62

1569

(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.

4. Revocation of notice and transitional provisions—
(1) The Public Trust Common Fund Interest Rates Notice
31 March 2005 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 28 March
2005 but otherwise operate as from 29 March 2005.

(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
29 March 2005; but

(ii) do apply to investment deposits repayable at the
end of a fixed term that commenced on or after
29 March 2005.

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 5.00
Call deposits (*Effective 1 April 2005) 2.75
Investment deposits at call 5.00
Special deposits 6.80
Trust deposits 5.00

Schedule 2

Rates of interest payable on each protection deposit
associated with a particular private training establishment

% p.a.
Total deposits do not exceed $350,000 5.00
Total deposits in range $350,001 to $1,750,000 5.40
Total deposits exceed $1,750,000 5.80

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 5.00 5.55 5.65 5.80
6 mths 5.50 6.50 6.50 6.55
9 mths 5.50 6.50 6.50 6.55
1 yr 5.50 6.50 6.50 6.55
18 mths 6.00 6.50 6.50 6.55
24 mths 6.00 6.50 6.50 6.55
30 mths 6.00 6.50 6.50 6.55
36 mths 6.00 6.50 6.50 6.55
4 yrs 5.95 6.50 6.50 6.50
5 yrs 5.90 6.50 6.50 6.45

Interest payable monthly

$20,000-$49,999 % p.a. $50,000-$249,999 % p.a. $250,000+ % p.a.
6 mths 6.41 6.41 6.46
9 mths 6.36 6.36 6.41
1 yr 6.31 6.31 6.36
18 mths 6.31 6.31 6.36
24 mths 6.31 6.31 6.36
30 mths 6.31 6.31 6.36
36 mths 6.31 6.31 6.36
4 yrs 6.31 6.31 6.31
5 yrs 6.31 6.31 6.27

Interest payable quarterly

$20,000-$49,999 % p.a. $50,000-$249,999 % p.a. $250,000+ % p.a.
6 mths 6.45 6.45 6.50
9 mths 6.40 6.40 6.45
1 yr 6.35 6.35 6.39
18 mths 6.35 6.35 6.39
24 mths 6.35 6.35 6.39
30 mths 6.35 6.35 6.39
36 mths 6.35 6.35 6.39
4 yrs 6.35 6.35 6.35
5 yrs 6.35 6.35 6.30

Dated at Wellington this 1st day of April 2005.

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 28 February 2005, on 1 April

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 1st day of April 2005.

DR MICHAEL CULLEN, Minister of Finance.

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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2005, No 62


Gazette.govt.nz PDF NZ Gazette 2005, No 62





✨ LLM interpretation of page content

🏢 Public Trust Common Fund Interest Rates Notice (continued from previous page)

🏢 State Enterprises & Insurance
1 April 2005
Interest Rates, Deposits, Public Trust, Common Fund, Investment, Protection, Special
  • PAT WAITE, Chief Executive, Public Trust

💰 Publication of Financial Statements of the Crown

💰 Finance & Revenue
1 April 2005
Financial Statements, Crown, Treasury, Public Finance Act 1989
  • DR MICHAEL CULLEN, Minister of Finance