Financial and Appointment Notices




440 NEW ZEALAND GAZETTE, No. 18 18 FEBRUARY 2010

Schedule 3

Rates of interest payable on investment deposits repayable at the end of a fixed term

Interest payable on maturity; monthly or quarterly

$5,000-$9,999 % p.a. $10,000-$49,999 % p.a. $50,000-$249,999 % p.a. $250,000+ % p.a.
3 mths 2.90 3.30 3.30 3.30
6 mths 2.90 3.55 3.55 3.55
9 mths 2.90 3.30 3.30 3.30
1 yr 3.80 4.00 4.00 4.00
18 mths 3.90 4.15 4.15 4.15
24 mths 4.05 4.50 4.50 4.50
30 mths 4.15 4.60 4.60 4.60
36 mths 4.15 4.75 4.75 4.75
4 yrs 4.15 5.00 5.00 5.00
5 yrs 4.15 5.15 5.15 5.15

Interest payable monthly and quarterly

$20,000-$49,999 % p.a. $50,000-$249,999 % p.a. $250,000+ % p.a.
6 mths 3.55 3.55 3.55
9 mths 3.30 3.30 3.30
1 yr 4.00 4.00 4.00
18 mths 4.15 4.15 4.15
24 mths 4.50 4.50 4.50
30 mths 4.60 4.60 4.60
36 mths 4.75 4.75 4.75
4 yrs 5.00 5.00 5.00
5 yrs 5.15 5.15 5.15

Dated at Wellington this 16th day of February 2010.

GAYLENE TURBOTT, Secretary of the Pricing Committee, Public Trust.
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The Treasury

Reserve Bank of New Zealand Act 1989

Appointment to the Reserve Bank of New Zealand

Pursuant to section 54 of the Reserve Bank of New Zealand Act 1989, I appoint

Professor Neil Clayton Quigley

as a Director of the Reserve Bank of New Zealand from 1 February 2010 up to 31 January 2015.

Dated at Wellington this 18th day of December 2009.

HON BILL ENGLISH, Minister of Finance.
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Appointment to the Reserve Bank of New Zealand

Pursuant to section 54 of the Reserve Bank of New Zealand Act 1989, I appoint

Kerrin M. Vautier

as a Director of the Reserve Bank of New Zealand from 9 February 2010 up to 8 February 2015.

Dated at Wellington this 18th day of December 2009.

HON BILL ENGLISH, Minister of Finance.
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Authorities and Other Agencies of State Notices

Electricity Commission

Electricity Act 1992

Notice of Making of Electricity Governance (Instantaneous Reserve Dispatch) Amendment Rules 2010 and Notice of Reasons for Decision

  1. Pursuant to section 172I of the Electricity Act 1992 (“Act”), I notify the amendment of the Electricity Governance Rules 2003 (“Rules”) under section 172H of the Act.

  2. The empowering provisions for the Electricity Governance Regulations in relation to which the amendments to the Rules are made are sections 172D(1)(1)(a), (b) and (c) of the Act.

  3. A brief description of the nature of the amendments is as follows:

    (a) Part A is amended to provide definitions to be consistent with the below mentioned amendments;

    (b) Schedule C6 of Part C is amended to be consistent with the below mentioned amendments;

    (c) Section V of Part G is amended to allow for compensation to be paid to providers of instantaneous reserve in certain circumstances; and

    (d) Schedule G2 of Part G is amended to allow the System Operator to use additional model parameters for dispatching instantaneous reserve.

  4. The amendments are made under urgency in reliance on section 172E(3) of the Act.

  5. Pursuant to section 172Z(4) of the Act, the reasons for my decision to amend the Rules are to improve system security by:

    (a) improving the dispatch of instantaneous reserve where there is insufficient instantaneous reserve; and

    (b) ensuring the providers of instantaneous reserve are compensated, thus incentivising providers of instantaneous reserve to participate in the market.

  6. These Rules come into force on 1 May 2010.

  7. Copies of the Rules may be inspected free of charge or purchased from the Electricity Commission, Level 7, ASB Bank Tower, 2 Hunter Street, Wellington.



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Online Sources for this page:

Gazette.govt.nz PDF NZ Gazette 2010, No 18





✨ LLM interpretation of page content

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

🏢 State Enterprises & Insurance
16 February 2010
Interest Rates, Public Trust, Common Fund, Deposits, Investment, Protection, Agency, Call, Trust, Special
  • Gaylene Turbott, Secretary of the Pricing Committee, Public Trust

💰 Appointment to the Reserve Bank of New Zealand

💰 Finance & Revenue
18 December 2009
Appointment, Reserve Bank, Director, Neil Quigley
  • Neil Clayton Quigley (Professor), Appointed Director of the Reserve Bank

  • Hon Bill English, Minister of Finance

💰 Appointment to the Reserve Bank of New Zealand

💰 Finance & Revenue
18 December 2009
Appointment, Reserve Bank, Director, Kerrin Vautier
  • Kerrin M. Vautier, Appointed Director of the Reserve Bank

  • Hon Bill English, Minister of Finance

🏗️ Notice of Making of Electricity Governance (Instantaneous Reserve Dispatch) Amendment Rules 2010

🏗️ Infrastructure & Public Works
Electricity, Governance, Rules, Amendment, Reserve Dispatch