31 MARCH 2011 NEW ZEALAND GAZETTE, No. 41

6. Method

The amounts that are solely attributable to the PPS are:

• the issue price of the PPS;
• the dividends paid on the PPS;
• any other distributions paid on or with respect to the PPS by NZ Co; and
• any amounts paid to acquire the PPS.

7. Example

NZ Co raised $20,000,000.00 from the issue of the PPS to Parent Co on 29 December 2009. Parent Co funded its acquisition by a loan of the same amount from a related party, at an interest rate of 9.25% per annum, payable quarterly on 28 March, June, September and December each calendar year. Therefore the amount of interest on the Parent Co Loan for each full quarter is $462,500.00.

The amounts solely attributable to an excepted financial arrangement are:

• the issue price of the PPS; and
• the dividends paid on the PPS.

The amounts not solely attributable to an excepted financial arrangement are:

• the amount of the Parent Co Loan ($20,000,000.00);
• the interest paid or capitalised on the Parent Co Loan ($462,500.00 per quarter, plus the amount of any interest on any capitalised interest);
• the amount outstanding to be repaid on the repayment of the Parent Co Loan; and
• the payments or other consideration provided in terms of the NZ Co Letter.

This determination is signed by me on the 17th day of March 2011.

H. W. DAVIS, Director.

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Internal Affairs

Civil Defence Emergency Management Act 2002

Declaration by Minister Extending State of National Emergency

Pursuant to section 71 of the Civil Defence Emergency Management Act 2002, I, John McGregor Carter, further extend the state of national emergency declared at 10.30am on Wednesday 23 February 2011, which I previously extended at 11.39am on Tuesday 1 March 2011, at 3.15pm on Monday 7 March 2011, and at 12.00 midday on Sunday 13 March 2011 in Christchurch City owing to the magnitude 6.3 earthquake that occurred on Tuesday 22 February 2011 at 12.51pm in Christchurch City, and subsequent significant aftershocks.

The state of national emergency expires with the commencement of the seventh day after the date on which this declaration is made.

Declared By: John McGregor Carter.
Designation: Minister of Civil Defence.
Time and Date of Declaration: 10.00am on 19 March 2011.

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Justice

District Courts Act 1947

Acting District Court Judges Appointed

Pursuant to section 10A of the District Courts Act 1947, His Excellency the Governor-General of New Zealand has been pleased to appoint

Stephen George Erber, retired District Court Judge to be an Acting District Court Judge, to exercise civil and criminal jurisdiction in New Zealand and to exercise the criminal jurisdiction of the District Courts under Part 2A of the District Courts Act 1947, at such place or places and for such period or periods only as the Chief District Court Judge may fix, pursuant to section 10A of the District Courts Act 1947, for a term of one year on and from 1 May 2011; and

Philip Anthony Moran, District Court Judge, to retire on 17 June 2011.

to be an Acting District Court Judge, to exercise civil and criminal jurisdiction in New Zealand and to exercise the criminal jurisdiction of the District Courts under Part 2A of the District Courts Act 1947, at such place or places and for such period or periods only as the Chief District Court Judge may fix, pursuant to section 10A of the District Courts Act 1947, for a term of two years on and from 18 June 2011.

Dated at Wellington this 16th day of March 2011.

HON CHRISTOPHER FINLAYSON, Attorney-General.

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Public Trust

Public Trust Act 2001

The Public Trust Common Fund Interest Rates

Notice 31 March 2011

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 31 March 2011.

(2) Unless otherwise specified, the determinations and revocation in this notice take effect from and including 30 March 2011.

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;