New Zealand Gazette – 2006 – No. 35

Page 920

✨ Public Trust and Social Security Notices

NEW ZEALAND GAZETTE, No. 35

13 APRIL 2006

(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
5 April 2006 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 5 April 2006
but otherwise operate as from 6 April 2006.

(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
6 April 2006; but

(ii) do apply to investment deposits repayable at the
end of a fixed term that commenced on or after
6 April 2006.

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	2.75
Investment deposits at call	5.00
Special deposits (effective 15 March 2006)	7.21
Trust deposits	5.00

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	5.40
Total deposits in range $350,001 to $1,000,000	5.80
Total deposits in range $1,000,001 to $3,000,000	6.20
Total deposits exceed $3,000,000	6.70

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	$10,000-$49,999	$50,000-$249,999	$250,000+
	% p.a.	% p.a.	% p.a.	% p.a.
3 mths	4.80	5.65	5.80	5.90
6 mths	5.60	6.70	6.75	6.85
9 mths	5.60	6.65	6.85	6.90
1 yr	5.60	6.70	6.75	6.80
18 mths	6.00	6.40	6.40	6.40
24 mths	6.00	6.30	6.35	6.35
30 mths	6.00	6.25	6.30	6.30
36 mths	6.00	6.20	6.20	6.20
4 yrs	5.95	6.15	6.15	6.15
5 yrs	5.90	6.10	6.15	6.15

Interest payable monthly and quarterly

	$20,000-$49,999	$50,000-$249,999	$250,000+
	% p.a.	% p.a.	% p.a.
6 mths	6.70	6.75	6.85
9 mths	6.65	6.85	6.90
1 yr	6.70	6.75	6.80
18 mths	6.40	6.40	6.40
24 mths	6.30	6.35	6.35
30 mths	6.25	6.30	6.30
36 mths	6.20	6.20	6.20
4 yrs	6.15	6.15	6.15
5 yrs	6.10	6.15	6.15

Dated at Wellington this 5th day of April 2006.

PAT WAITE, Chief Executive, Public Trust.

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Social Development

Social Security (Working for Families—Transitional Supplement) Regulations 2004

Notice of Specified Amendments for the Purpose of the Social Security (Working for Families—Transitional Supplement) Regulations 2004

Pursuant to paragraph (b) of the definition of specified amendment in Regulation 5(1) of the Social Security (Working for Families—Transitional Supplement) Regulations 2004 (“the Regulations”), I give notice that the following regulations, instruments or provisions are specified amendments for the purpose of the Regulations:

(a) Community Costs Programme established and approved on 15 March 2006 under section 124 (1) (d) of the Social Security Act 1964;

(b) Regulations 3 (4) to (8) of the Health Entitlement Cards Amendment Regulations 2006;

(d) Regulations 3 and 4 of the Social Security (Childcare Assistance) Amendment Regulations 2006;

(e) Social Security (Childcare Assistance) Amendment Regulations (No 2) 2006;

(f) Social Security (Temporary Additional Support) Regulations 2005;

(g) Social Security (Temporary Additional Support) Amendment Regulations 2006; and

(h) Social Security (Temporary Additional Support) Amendment Regulations (No 2) 2006.

Dated at Wellington this 6th day of April 2006.

DAVID BENSON-POPE, Minister for Social Development and Employment.

Explanatory Note

This note is not part of this notice, but is intended to indicate its general effect.

This notice identifies various specified amendments for the purpose of the Social Security (Working for Families—Transitional Supplement) Regulations 2004 (“the Regulations”).

Identification as specified amendments allows a transitional supplement to be paid under the Regulations to people.

VUW Te Waharoa — NZ Gazette 2006, No 35

Gazette.govt.nz — NZ Gazette 2006, No 35

The Executive Wing of Parliament (depicted) is universally known as The Beehive. It was completed in 1977 and remains the primary office for the elected Government of the day.

✨ LLM interpretation of page content

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

Domain🏢 State Enterprises & Insurance
Dated5 April 2006
KeywordsInterest Rates, Common Fund, Public Trust, Schedules, Revocation
👩‍💼 Officials

PAT WAITE, Chief Executive, Public Trust

🏥 Social Security (Working for Families—Transitional Supplement) Regulations 2004 Notice of Specified Amendments

Domain🏥 Health & Social Welfare
Dated6 April 2006
KeywordsSocial Security, Working for Families, Transitional Supplement, Specified Amendments, Regulations
👩‍💼 Officials

DAVID BENSON-POPE, Minister for Social Development and Employment

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