✨ Financial Notices
22 MARCH 2007
NEW ZEALAND GAZETTE, No. 32
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
8 February 2007 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 March
2007 but otherwise operate as from 15 March 2007.
(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 March 2007; but
(ii) do apply to investment deposits repayable at the
end of a fixed term that commenced on or after
15 March 2007.
Schedule 1
Rates of interest payable on deposits (other than
investment deposits repayable at the end of fixed term
or protection deposits)
| Deposit Type | % p.a. |
|---|---|
| Agency deposits | 5.25 |
| Call deposits | 3.00 |
| Investment deposits at call | 5.25 |
| Special deposits (effective 15 March 2007) | 7.65 |
| Trust deposits | 5.25 |
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 | 5.55 |
| Total deposits in range $350,001 to $1,000,000 | 5.95 |
| Total deposits in range $1,000,000 to $3,000,000 | 6.35 |
| Total deposits exceed $3,000,000 | 6.85 |
Schedule 3
Rates of interest payable on investment deposits repayable
at the end of a fixed term
Interest payable on maturity
| Term | $5,000-$9,999 | $10,000-$49,999 | $50,000-$249,999 | $250,000+ |
|---|---|---|---|---|
| % p.a. | % p.a. | % p.a. | % p.a. | |
| 3 mths | 5.25 | 6.35 | 6.35 | 6.35 |
| 6 mths | 5.75 | 7.20 | 7.20 | 7.20 |
| 9 mths | 5.80 | 6.90 | 6.90 | 6.90 |
| 1 yr | 6.05 | 7.25 | 7.25 | 7.25 |
| 18 mths | 6.00 | 6.80 | 6.80 | 6.80 |
| 24 mths | 6.00 | 6.80 | 6.80 | 6.80 |
| 30 mths | 6.00 | 6.70 | 6.70 | 6.70 |
| 36 mths | 6.00 | 6.60 | 6.70 | 6.70 |
| 4 yrs | 6.00 | 6.45 | 6.50 | 6.50 |
| 5 yrs | 6.00 | 6.45 | 6.50 | 6.50 |
Interest payable monthly and quarterly
| Term | $20,000-$49,999 | $50,000-$249,999 | $250,000+ |
|---|---|---|---|
| % p.a. | % p.a. | % p.a. | |
| 6 mths | 7.20 | 7.20 | 7.20 |
| 9 mths | 6.90 | 6.90 | 6.90 |
| 1 yr | 7.25 | 7.25 | 7.25 |
| 18 mths | 6.80 | 6.80 | 6.80 |
| 24 mths | 6.80 | 6.80 | 6.80 |
| 30 mths | 6.70 | 6.70 | 6.70 |
| 36 mths | 6.70 | 6.70 | |
| 4 yrs | 6.50 | 6.50 | |
| 5 yrs | 6.50 | 6.50 |
Dated at Wellington this 15th day of March 2007.
PAT WAITE, Chief Executive, Public Trust.
847
The Treasury
Finance Act (No 2) 1990
Bonus Bonds (Prize Structure) Order 2007
Anand Satyanand, Governor-General
ORDER IN COUNCIL
At Wellington this 19th day of March 2007
Present:
His Excellency the Governor-General in Council
Pursuant to section 4 of the Finance Act (No 2) 1990, His Excellency the Governor-General, acting on the advice and
with the consent of the Executive Council and on the
advice of the Minister of Finance given in accordance
with a recommendation by ANZ Investment Services
(New Zealand) Limited, gives the following order.
Order
-
Title—This order is the Bonus Bonds (Prize Structure)
Order 2007. -
Commencement—This order comes into force on
1 May 2007. -
Interpretation—In this order, unless the context
otherwise requires:
deed of trust means the deed of trust describing the unit
trust between the Bank and Trustees Executors dated
17 September 1990 (as amended) and approved for the
purposes of the Finance Act (No 2) 1990 by the Minister
of Finance by notice published in the New Zealand Gazette,
20 September 1990, No. 164, page 3431.\n
the Bank means ANZ Investment Services (New Zealand)
Limited, being a company related to Post Office
Bank Limited, and approved by the Minister of Finance by
notice published in the New Zealand Gazette, 20 September
1990, No. 164, page 3431.
Trustees Executors means Trustees Executors Limited,
previously called The Trustees, Executors, and Agency
Company of New Zealand (Limited).
- Changes to prize structure authorised—(1) Clause
1.01 of the deed of trust is authorised to be amended
by inserting the following definition in its appropriate
alphabetical order:
"Bonus Bonds Prize means a prize described or referred to
in Schedule 3 of this Deed (as amended from time to time in
accordance with the Finance Act (No 2) 1990)".
(2) Clause 1.01 of the deed of trust is authorised to be
amended by inserting the following definition in its
appropriate alphabetical order:
"Eligibility Period means, in respect of a Unit in the Bonus
Bonds Portfolio and a particular Bonus Bonds Prize, the
period of such length of time in respect of that Bonus Bonds
Prize."
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2007, No 32
Gazette.govt.nz —
NZ Gazette 2007, No 32
✨ LLM interpretation of page content
🏢
Public Trust Common Fund Interest Rates Notice
(continued from previous page)
🏢 State Enterprises & Insurance15 March 2007
Public Trust, Interest Rates, Common Fund, Deposits, Schedules
- PAT WAITE, Chief Executive, Public Trust
💰 Bonus Bonds (Prize Structure) Order 2007
💰 Finance & Revenue19 March 2007
Bonus Bonds, Prize Structure, Order in Council, Finance Act
- Anand Satyanand, Governor-General