17 APRIL 2008

NEW ZEALAND GAZETTE, No. 73

Any person may make a written submission to the
director-general concerning this application. Under sections
16 and 17 of the Agricultural Compounds and Veterinary
Medicines Act 1997, a written submission:

(a) must state in full the reasons for making the
submission; and

(b) may state any decision sought on that application; and

(c) must be received by the director-general no later
than 30 working days after the date of notification
in the New Zealand Gazette.

A copy of every submission will be forwarded to the
applicant for the applicant’s information.

The following address is:

(a) where submissions on this application are to be sent;
and

(b) where requests for copies of the public information
relating to the application can be sent; and

(c) where public information relating to the application
can be viewed; and

(d) the director-general’s address for service:
ACVM Group, New Zealand Food Safety
Authority, Level 5, South Tower, 68–86 Jervois
Quay, Wellington. Postal Address: PO Box 2835,
Wellington.

The applicant’s address for service is:
Bayer New Zealand Limited, 3 Argus Place, Glenfield,
Auckland. Postal Address: PO Box 2825, Shortland
Street, Auckland 1140.

Dated at Wellington this 9th day of April 2008.

MAREE ZINZLEY, Programme Manager (Operations)
(acting under delegated authority).

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Public Trust

Public Trust Act 2001

The Public Trust Common Fund Interest Rates Notice 17 April 2008

The following notice is given pursuant to section 50 of the Public Trust Act 2001 (“the Act”).

Notice

1. Title and commencement—(1) This notice may be
   cited as the Public Trust Common Fund Interest Rates
   Notice 17 April 2008.

(2) The determinations and revocation in this notice take
effect from and including 9 April 2008.

2. Interpretation—(1) Unless the context otherwise
   requires:

“agency deposit” means a deposit (not being an
investment deposit) held as agent or attorney;

“call deposit” means a deposit (not being an agency
deposit, an investment deposit, a protection deposit,
a special deposit or a trust deposit) held in the ordinary
course of administration, and determined by Public Trust
to be held at call;

“deposit” means a sum of money held by Public Trust
belonging to any estate, which money for the time being
forms part of the Common Fund;

“investment deposit” means a deposit held at call or
otherwise as an investment under section 51 of the Act;

“protection deposit” means a deposit, held at call, of
tuition, boarding, accommodation or other fees by or
on behalf of a student enrolled at a private training
establishment within the meaning of Part 18 of the
Education Act 1989;

“special deposit” means a deposit held other than at call
on behalf of the Crown, or any local authority within the
meaning of the Local Government Act 1974;

“trust deposit” means a deposit (not being an agency
deposit, an investment deposit, a protection deposit or a
special deposit) held on trust:

(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
10 April 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 8 April 2008
but otherwise operate as from 9 April 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
9 April 2008; but

(ii) do apply to investment deposits repayable at the
end of a fixed term that commenced on or after
9 April 2008.

Schedule 1

Rates of interest payable on deposits (other than
investment deposits repayable at the end of fixed term
or protection deposits)