Regulatory Notices




Labour

Health and Safety in Employment Act 1992

Revocation of the Approved Code of Practice for Visual Display Units in the Place of Work (1995)

Notice is given that the Minister of Labour has approved the revocation of the Approved Code of Practice for Visual Display Units in the Place of Work (1995), pursuant to section 20(1)(a) of the Health and Safety in Employment Act 1992.

This approved code will be revoked from 16 June 2011.

The ACC Computer Guidelines will replace this approved code to set out a statement of preferred work practices or arrangements for health and safety practices for work with computers.

For any queries on the computer guidelines, please contact standards@dol.govt.nz

Dated at Wellington this 16th day of May 2011.

CHRISTOPHER BLAKE, Secretary of Labour, Department of Labour.

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Public Trust

Public Trust Act 2001

The Public Trust Common Fund Interest Rates Notice 19 May 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 19 May 2011.

(2) Unless otherwise specified, the determinations and revocation in this notice take effect from and including 18 May 2011.

  1. 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.

  1. 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.

  1. Revocation of notice and transitional provisions

(1) The Public Trust Common Fund Interest Rates Notice 12 May 2011 is revoked.

(2) Unless otherwise specified, the rates of interest specified in Schedules 1 and 2 to this notice do not apply to any period that ends with 17 May 2011 but otherwise operate as from 18 May 2011.

(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 18 May 2011; but

(ii) do apply to investment deposits repayable at the end of a fixed term that commenced on or after 18 May 2011.

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 1.00
Agency deposits $10,000–$49,999 1.15
Agency deposits $50,000–$249,999 1.70
Agency deposits $250,000+ 1.90
Call deposits $0–$9,999 1.00
Call deposits $10,000–$49,999 1.15
Call deposits $50,000–$249,999 1.70
Call deposits $250,000+ 1.90
Funeral Trust Cash Fund (effective 1 October 2010) 1.35
Investment deposits at call $0–$9,999 1.00


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Online Sources for this page:

Gazette.govt.nz PDF NZ Gazette 2011, No 67





✨ LLM interpretation of page content

👷 Revocation of Approved Code of Practice for Visual Display Units

👷 Labour & Employment
16 May 2011
Health and Safety, Visual Display Units, Revocation, Work Practices
  • CHRISTOPHER BLAKE, Secretary of Labour, Department of Labour

🏢 Public Trust Common Fund Interest Rates Notice

🏢 State Enterprises & Insurance
19 May 2011
Public Trust, Interest Rates, Common Fund, Deposits