✨ Financial and Social Security Notices
22 MARCH 2012 NEW ZEALAND GAZETTE, No. 35
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 | $10,000-$49,999 | $50,000-$249,999 | $250,000+ | |
|---|---|---|---|---|
| % p.a. | % p.a. | % p.a. | % p.a. | |
| 3 mths | 3.20 | 3.20 | 3.20 | 3.20 |
| 6 mths | 3.20 | 3.20 | 3.20 | 3.20 |
| 9 mths | 3.25 | 3.25 | 3.25 | 3.25 |
| 1 yr | 3.25 | 3.25 | 3.25 | 3.25 |
| 18 mths | 3.45 | 3.45 | 3.45 | 3.45 |
| 24 mths | 3.55 | 3.55 | 3.55 | 3.55 |
| 30 mths | 3.60 | 3.60 | 3.60 | 3.60 |
| 36 mths | 3.85 | 3.85 | 3.85 | 3.85 |
| 4 yrs | 4.05 | 4.05 | 4.05 | 4.05 |
| 5 yrs | 4.15 | 4.15 | 4.15 | 4.15 |
Interest payable monthly and quarterly
| $20,000-$49,999 | $50,000-$249,999 | $250,000+ | |
|---|---|---|---|
| % p.a. | % p.a. | % p.a. | |
| 6 mths | 3.20 | 3.20 | 3.20 |
| 9 mths | 3.25 | 3.25 | 3.25 |
| 1 yr | 3.25 | 3.25 | 3.25 |
| 18 mths | 3.45 | 3.45 | 3.45 |
| 24 mths | 3.55 | 3.55 | 3.55 |
| 30 mths | 3.60 | 3.60 | 3.60 |
| 36 mths | 3.85 | 3.85 | 3.85 |
| 4 yrs | 4.05 | 4.05 | 4.05 |
| 5 yrs | 4.15 | 4.15 | 4.15 |
Dated at Wellington this 19th day of March 2012.
DAVID GORDON, Head of Financial Products, Public Trust.
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Social Development
Social Security Act 1964
Instrument Amending Ministerial Directions and Welfare Programmes 2012
Pursuant to sections 5 and 124(1)(d) of the Social Security Act 1964, the Minister for Social Development makes the following instrument.
Instrument
-
Title—This instrument is the Instrument Amending Ministerial Directions and Welfare Programmes 2012.
-
Commencement—This instrument comes into force on 1 April 2012.
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Principal directions and welfare programmes amended—This instrument amends the directions and welfare programmes specified in Schedules 1 and 2 (the principal directions and welfare programmes).
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Amendments—Amend the principal directions and welfare programmes in the manner set out in Schedules 1 and 2.
1065
Schedule 1
Clause 4
Amendments to Direction and Welfare Programmes
Direction in Relation to Special Benefit
(given on 10 February 1999)¹
Schedule
In each provision of the Schedule listed in the first column of the following table, replace the expression set out in the second column with the expression set out in third column.
| Column 1 | Column 2 | Column 3 |
|---|---|---|
| Provision amended | Expressions | Replacement |
| replaced | expressions | |
| $ | $ | |
| Clause 1(a) | 86.06 | 87.58 |
| Clause 1(b) | 119.95 | 122.07 |
| Clause 1(c) | 225.04 | 229.02 |
| Clause 2 | 86.06 | 87.58 |
| Clause 4(a) | 114.66 | 116.69 |
| Clause 4(b) | 162.73 | 165.61 |
| Clause 4(c) | 296.87 | 302.12 |
| Clause 5 | 126.79 | 129.03 |
| Clause 6(a) | 114.66 | 116.69 |
| Clause 6(b) | 162.73 | 165.61 |
| Clause 6(c) | 126.79 | 129.03 |
| Clause 7(a) | 162.98 | 165.86 |
| Clause 7(b) | 162.98 | 165.86 |
| Clause 7(c) | 297.32 | 302.58 |
| Clause 9 | 189.58 | 192.94 |
| Clause 10 | 273.49 | 278.33 |
| Clause 13 | 212.97 | 216.74 |
| Clause 15 | 296.87 | 302.12 |
Family Start and Early Start (Childcare Assistance) Programme
(as established and approved on 12 September 2005)²
Clause 8(3)
In clause 8(3), replace "$7.16" with "$7.29".
New Employment Transition Grant Programme
(as established and approved on 9 December 1998)³
Clause 5.1.1
In clause 5.1.1, replace "$66.00" with "$67.50".
Clause 5.2
In clause 5.2, replace "$660" with "$675".
Seasonal Work Assistance Programme
(as established and approved on 7 July 2002)⁴
Clause 7(3)
In clause 7(3), replace "$810" with "$830".
Schedule 1
In Schedule 1, replace the table with:
| Total period of work missed (per week) | For a single applicant with no dependent children | For any other applicant |
|---|---|---|
| $ | $ | |
| 8 hours or less | 46.00 | 83.00 |
| More than 8 and not more than 16 hours | 92.00 | 166.00 |
| More than 16 and not more than 24 hours | 138.00 | 249.00 |
| More than 24 and not more than 32 hours | 184.00 | 332.00 |
| More than 32 hours | 230.00 | 415.00 |
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Public Trust Common Fund Interest Rates Notice 22 March 2012
(continued from previous page)
🏢 State Enterprises & Insurance19 March 2012
Interest rates, Common Fund, Public Trust, Deposits
- DAVID GORDON, Head of Financial Products, Public Trust
🏥 Instrument Amending Ministerial Directions and Welfare Programmes 2012
🏥 Health & Social WelfareSocial Security, Ministerial Directions, Welfare Programmes, Amendments
NZ Gazette 2012, No 35