✨ Financial Notices
4 DECEMBER 2008 NEW ZEALAND GAZETTE, No. 188
(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.
- Revocation of notice and transitional provisions—
(1) The Public Trust Common Fund Interest Rates Notice 27 November 2008 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 2 December 2008 but otherwise operate as from 3 December 2008.
(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 3 December 2008; but
(ii) do apply to investment deposits repayable at the end of a fixed term that commenced on or after 3 December 2008.
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 September 2008) | 7.49 |
| 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 | 5.15 |
| Total deposits in range $350,001 to $1,000,000 | 5.55 |
| Total deposits in range $1,000,001 to $3,000,000 | 5.95 |
| Total deposits exceed $3,000,001 | 6.55 |
Schedule 3
Rates of interest payable on investment deposits repayable at the end of a fixed term
Interest payable on maturity, monthly or quarterly
| 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 | 4.60 | 5.20 | 5.20 | 5.20 |
| 6 mths | 4.60 | 5.20 | 5.20 | 5.20 |
| 9 mths | 4.60 | 5.00 | 5.00 | 5.00 |
| 1 yr | 4.60 | 5.00 | 5.00 | 5.00 |
| 18 mths | 4.60 | 4.85 | 4.85 | 4.85 |
| 24 mths | 4.60 | 4.90 | 4.90 | 4.90 |
| 30 mths | 4.60 | 4.90 | 4.90 | 4.90 |
| 36 mths | 4.60 | 5.00 | 5.00 | 5.00 |
| 4 yrs | 4.60 | 5.10 | 5.10 | 5.10 |
| 5 yrs | 4.60 | 5.20 | 5.20 | 5.20 |
Dated at Wellington this 2nd day of December 2008.
MICHELLE OLBRICHT, Secretary of the Pricing Committee, Public Trust.
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The Treasury
Companies Act 1993
Land Transfer Act 1952
Notice of Disclaimer Under Section 325(1) of the Companies Act 1993
In the matter of the Land Transfer Act 1952, and in the matter of section 325(1) of the Companies Act 1993, and in the matter of Waingaro Farms Limited:
Take notice that I, Peter Mersi, Acting Secretary to the Treasury, pursuant to section 325(1) of the Companies Act 1993, hereby disclaim for and on behalf of Her Majesty The Queen, all or any rights of Waingaro Farms Limited, being the purchaser in the agreement for sale and purchase (undated) between Moores Bay Limited (as trustee of the Moores Bay Trust) as vendor and Waingaro Farms Limited as purchaser, in property described as Lot 8 being a freehold subdivision of part of the land and rights to use common facilities comprised in certificate of title 221/976, North Auckland Land Registry with the purchaser of that interest being Waingaro Farms Limited, a company removed from the Companies Register on or around 14 October 2008.
Dated at Wellington this 25th day of November 2008.
Signed by Peter Mersi, Acting Secretary to the Treasury, for and on behalf of Her Majesty The Queen:
PETER MERSI, Acting Secretary to the Treasury:
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NZ Gazette 2008, No 188
✨ LLM interpretation of page content
🏢
Public Trust Common Fund Interest Rates Notice
(continued from previous page)
🏢 State Enterprises & Insurance2 December 2008
Public Trust, Interest Rates, Common Fund, Deposits, Schedules
- Michelle Olbricht, Secretary of the Pricing Committee, Public Trust
🏭 Notice of Disclaimer Under Section 325(1) of the Companies Act 1993
🏭 Trade, Customs & Industry25 November 2008
Disclaimer, Companies Act, Land Transfer Act, Waingaro Farms Limited, Moores Bay Limited
- Peter Mersi, Acting Secretary to the Treasury