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.

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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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Online Sources for this page:

Gazette.govt.nz PDF NZ Gazette 2010, No 40





✨ LLM interpretation of page content

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

🏢 State Enterprises & Insurance
6 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 & Insurance
30 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 & Insurance
30 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 & Insurance
30 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 & Insurance
30 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