✨ Financial and Government Notices
NEW ZEALAND GAZETTE, No. 37
29 MARCH 2012
(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 28 March 2012 but otherwise operate as from 29 March 2012.
(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 29 March 2012; but
(ii) do apply to investment deposits repayable at the end of a fixed term that commenced on or after 29 March 2012.
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 |
| Investment deposits at call $10,000–$49,999 | 1.15 |
| Investment deposits at call $50,000–$249,999 | 1.70 |
| Investment deposits at call $250,000+ | 1.90 |
| Special deposits (effective 16 December 2011) | 2.45 |
| Trust deposits $0–$9,999 | 1.00 |
| Trust deposits $10,000–$49,999 | 1.15 |
| Trust deposits $50,000–$249,999 | 1.70 |
| Trust deposits $250,000+ | 1.90 |
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 | 1.40 |
| Total deposits in range $350,001 to $1,000,000 | 1.90 |
| Total deposits in range $1,000,001 to $3,000,000 | 2.30 |
| Total deposits exceed $3,000,001 | 2.80 |
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 % p.a. | $10,000-$49,999 % p.a. | $50,000-$249,999 % p.a. | $250,000+ % 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 | 3.80 | 3.80 | 3.80 | 3.80 |
| 36 mths | 3.85 | 3.85 | 3.85 | 3.85 |
| 4 yrs | 4.05 | 4.05 | 4.05 | 4.05 |
| 5 yrs | 4.35 | 4.35 | 4.35 | 4.35 |
Interest payable monthly and quarterly
| Term | $20,000-$49,999 % p.a. | $50,000-$249,999 % p.a. | $250,000+ % 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 | 3.80 | 3.80 | 3.80 |
| 36 mths | 3.85 | 3.85 | 3.85 |
| 4 yrs | 4.05 | 4.05 | 4.05 |
| 5 yrs | 4.35 | 4.35 | 4.35 |
Dated at Wellington this 26th day of March 2012.
DAVID GORDON, Head of Financial Products, Public Trust.
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State Services Commission
State Sector Act 1988
Reappointment of Public Service Chief Executive
Pursuant to section 37(4) of the State Sector Act 1988, the State Services Commissioner has reappointed
Geoffrey Michael Bascand
as the Chief Executive and Government Statistician, Statistics New Zealand from 22 May 2012 to 21 May 2015.
Dated at Wellington this 26th day of March 2012.
IAIN RENNIE, State Services Commissioner.
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The Treasury
Public Finance Act 1989
Notice of Publication of Financial Statements of the Government of New Zealand
Pursuant to section 31B of the Public Finance Act 1989, the Minister of Finance gives notice of the publication of the financial statements of the Government of New Zealand for:
- the seven months ended 31 January 2012, on 6 March 2012.
Copies of these financial statements are available:
- for inspection free of charge at the National Library of New Zealand, Auckland City Library, Wellington Public Library and Canterbury Public Library;
- for purchase at branches of Bennetts bookshops; and
- through the internet at www.treasury.govt.nz.
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NZ Gazette 2012, No 37
✨ LLM interpretation of page content
💰
Public Trust Common Fund Interest Rates Notice
(continued from previous page)
💰 Finance & Revenue26 March 2012
Public Trust Act 2001, Interest Rates, Common Fund, Deposits, Schedules
- David Gordon, Head of Financial Products, Public Trust
🏛️ Reappointment of Public Service Chief Executive
🏛️ Governance & Central Administration26 March 2012
State Sector Act 1988, Chief Executive, Government Statistician, Statistics New Zealand
- Geoffrey Michael Bascand, Reappointed as Chief Executive and Government Statistician
- Iain Rennie, State Services Commissioner
💰 Notice of Publication of Financial Statements of the Government of New Zealand
💰 Finance & Revenue26 March 2012
Public Finance Act 1989, Financial Statements, Government, Publication