✨ Financial and Appointment Notices
8 APRIL 2010 NEW ZEALAND GAZETTE, No. 40 1163
(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 31 March 2010; but
(ii) do apply to investment deposits repayable at the end of a fixed term that commenced on or after 31 March 2010.
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 $0–$9,999 | 0.90 |
| Agency deposits $10,000–$49,999 | 1.10 |
| Agency deposits $50,000–$249,999 | 1.50 |
| Agency deposits $250,000+ | 2.50 |
| Call deposits $0–$9,999 | 0.90 |
| Call deposits $10,000–$49,999 | 1.10 |
| Call deposits $50,000–$249,999 | 1.50 |
| Call deposits $250,000+ | 2.50 |
| Investment deposits at call $0–$9,999 | 0.90 |
| Investment deposits at call $10,000–$49,999 | 1.10 |
| Investment deposits at call $50,000–$249,999 | 1.50 |
| Investment deposits at call $250,000+ | 2.50 |
| Special deposits (effective 15 March 2010) | 2.46 |
| Trust deposits $0–$9,999 | 0.90 |
| Trust deposits $10,000–$49,999 | 1.10 |
| Trust deposits $50,000–$249,999 | 1.50 |
| Trust deposits $250,000+ | 2.50 |
Schedule 2
Rates of interest payable on each protection deposit associated with a particular private training establishment
| % p.a. | |
|---|---|
| Total deposits do not exceed $350,000 | 1.60 |
| Total deposits in range $350,001 to $1,000,000 | 2.10 |
| Total deposits in range $1,000,001 to $3,000,000 | 2.50 |
| Total deposits exceed $3,000,001 | 3.10 |
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+ |
|---|---|---|---|---|
| 3 mths | 2.80 | 3.30 | 3.30 | 3.30 |
| 6 mths | 2.80 | 3.80 | 3.80 | 3.80 |
| 9 mths | 2.80 | 3.80 | 3.80 | 3.80 |
| 1 yr | 3.80 | 4.00 | 4.00 | 4.00 |
| 18 mths | 3.90 | 4.25 | 4.25 | 4.25 |
| 24 mths | 4.05 | 4.50 | 4.50 | 4.50 |
| 30 mths | 4.15 | 4.60 | 4.60 | 4.60 |
| 36 mths | 4.30 | 4.75 | 4.75 | 4.75 |
| 4 yrs | 4.55 | 5.00 | 5.00 | 5.00 |
| 5 yrs | 4.65 | 5.15 | 5.15 | 5.15 |
Interest payable monthly and quarterly
| Term | $20,000-$49,999 | $50,000-$249,999 | $250,000+ |
|---|---|---|---|
| 6 mths | 3.80 | 3.80 | 3.80 |
| 9 mths | 3.80 | 3.80 | 3.80 |
| 1 yr | 4.00 | 4.00 | 4.00 |
| 18 mths | 4.25 | 4.25 | 4.25 |
| 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 6th day of April 2010.
DAVID GORDON, Head of Financial Products, Public Trust.
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The Treasury
Crown Entities Act 2004
Appointment to the Public Trust Board
Pursuant to section 28 of the Crown Entities Act 2004,
I appoint
Trevor David Janes
as chair of the Public Trust Board from 1 May 2010 up to 30 April 2013.
Dated at Wellington this 30th day of March 2010.
HON SIMON POWER, Minister of Justice.
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Reappointment to the Public Trust Board
Pursuant to section 28 of the Crown Entities Act 2004,
I reappoint
Robin Hill
as deputy chair of the Public Trust Board from 1 May 2010 up to 30 April 2013.
Dated at Wellington this 30th day of March 2010.
HON SIMON POWER, Minister of Justice.
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Reappointment to the Public Trust Board
Pursuant to section 28 of the Crown Entities Act 2004,
I reappoint
Sarah Mary Roberts
as a member of the Public Trust Board from 1 May 2010 up to 30 April 2012.
Dated at Wellington this 30th day of March 2010.
HON SIMON POWER, Minister of Justice.
go2561
Appointment to the Public Trust Board
Pursuant to section 28 of the Crown Entities Act 2004,
I appoint
Susan Mary Anna (Sue) McCormack
as a member of the Public Trust Board from 1 May 2010 up to 30 April 2013.
Dated at Wellington this 30th day of March 2010.
HON SIMON POWER, Minister of Justice.
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🏢
Public Trust Common Fund Interest Rates Notice
(continued from previous page)
🏢 State Enterprises & Insurance6 April 2010
Public Trust, Common Fund, Interest Rates, Financial Notice
- DAVID GORDON, Head of Financial Products, Public Trust
🏢 Appointment to the Public Trust Board
🏢 State Enterprises & Insurance30 March 2010
Public Trust Board, Chair, Appointment
- Trevor David Janes, Appointed chair of the Public Trust Board
- HON SIMON POWER, Minister of Justice
🏢 Reappointment to the Public Trust Board
🏢 State Enterprises & Insurance30 March 2010
Public Trust Board, Deputy Chair, Reappointment
- Robin Hill, Reappointed deputy chair of the Public Trust Board
- HON SIMON POWER, Minister of Justice
🏢 Reappointment to the Public Trust Board
🏢 State Enterprises & Insurance30 March 2010
Public Trust Board, Member, Reappointment
- Sarah Mary Roberts, Reappointed member of the Public Trust Board
- HON SIMON POWER, Minister of Justice
🏢 Appointment to the Public Trust Board
🏢 State Enterprises & Insurance30 March 2010
Public Trust Board, Member, Appointment
- Susan Mary Anna (Sue) McCormack, Appointed member of the Public Trust Board
- HON SIMON POWER, Minister of Justice
NZ Gazette 2010, No 40