✨ Financial and Legal Notices




NEW ZEALAND GAZETTE, No. 63

22 JUNE 2006

(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 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
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
1 June 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 14 June 2006
but otherwise operate as from 15 June 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
15 June 2006; but

(ii) do apply to investment deposits repayable at the
end of a fixed term that commenced on or after
15 June 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 June 2006) 7.23
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 | 6.85 | 6.90 |
| 9 mths | 5.60 | 6.80 | 6.90 | 6.90 |
| 1 yr | 5.60 | 6.85 | 6.90 | 6.90 |
| 18 mths| 6.00 | 6.40 | 6.40 | 6.40 |
| 24 mths| 6.00 | 6.35 | 6.40 | 6.40 |
| 30 mths| 6.00 | 6.25 | 6.30 | 6.30 |
| 36 mths| 6.00 | 6.20 | 6.25 | 6.25 |
| 4 yrs | 5.95 | 6.20 | 6.25 | 6.25 |
| 5 yrs | 5.90 | 6.20 | 6.25 | 6.25 |

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 | 6.85 | 6.90 |
| 9 mths | 6.80 | 6.90 | 6.90 |
| 1 yr | 6.85 | 6.90 | 6.90 |
| 18 mths| 6.40 | 6.40 | 6.40 |
| 24 mths| 6.35 | 6.40 | 6.40 |
| 30 mths| 6.25 | 6.30 | 6.30 |
| 36 mths| 6.20 | 6.25 | 6.25 |
| 4 yrs | 6.20 | 6.25 | 6.25 |
| 5 yrs | 6.20 | 6.25 | 6.25 |

Dated at Wellington this 15th day of June 2006.

PAT WAITE, Chief Executive, Public Trust.

go4044

The Treasury

Companies Act 1955

Land Transfer Act 1952

Notice of Disclaimer Under Section 338 (1) of the Companies Act 1955

In the matter of the Land Transfer Act 1952, and in the
matter of section 338 (1) of the Companies Act 1955,
and in the matter of Jensens Stores Limited:

Take notice that I, John Henry Whitehead, Secretary to the
Treasury, pursuant to section 338 (1) of the Companies Act
1955, hereby disclaim for and on behalf of Her Majesty the
Queen, the reversionary interest of Her Majesty the Queen
in the fee simple estate of 2.8328 hectares, more or less
being on Lots 8-10, DP 1630 and comprised in Computer
Freehold Register TNB4/314, with the registered proprietor
of that interest being Jensens Stores Limited, a company
removed from the Companies Register on or around 23 April
1982.

Dated at Wellington this 19th day of June 2006.

Signed for and on behalf of Her Majesty the Queen, in right
of New Zealand, by the Secretary to the Treasury:

JOHN HENRY WHITEHEAD.

go4122



Next Page →



Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2006, No 63


Gazette.govt.nz PDF NZ Gazette 2006, No 63





✨ LLM interpretation of page content

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

🏒 State Enterprises & Insurance
15 June 2006
Public Trust, Common Fund, Interest Rates, Public Trust Act 2001
  • PAT WAITE, Chief Executive, Public Trust

βš–οΈ Notice of Disclaimer Under Section 338 (1) of the Companies Act 1955

βš–οΈ Justice & Law Enforcement
19 June 2006
Companies Act 1955, Land Transfer Act 1952, Disclaimer, Jensens Stores Limited
  • John Henry Whitehead, Secretary to the Treasury