✨ Legal and Financial Notices
NEW ZEALAND GAZETTE, No. 40
5 APRIL 2012
Justice
District Courts Act 1947
Resource Management Act 1991
Retired District Court Judge Appointed
Pursuant to section 10A of the District Courts Act 1947, and section 250 of the Resource Management Act 1991, His Excellency the Governor-General of New Zealand has been pleased to appoint
Robert Gordon Whiting, District Court Judge, to retire on 16 March 2012 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, and also to be an alternate Environment Judge of the Environment Court for a term of three months commencing on 17 March 2012.
Dated at Wellington this 16th day of March 2012.
HON CHRISTOPHER FINLAYSON, Attorney-General.
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Public Trust
Public Trust Act 2001
The Public Trust Common Fund Interest Rates Notice 5 April 2012
The following notice is given pursuant to section 50 of the Public Trust Act 2001 (“the Act”).
Notice
- Title and commencement—(1) This notice may be cited as the Public Trust Common Fund Interest Rates Notice 5 April 2012.
(2) Unless otherwise specified, the determinations and revocation in this notice take effect from and including 4 April 2012.
- 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.
- 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.
- Revocation of notice and transitional provisions—
(1) The Public Trust Common Fund Interest Rates Notice 29 March 2012 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 4 April 2012 but otherwise operate as from 5 April 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 5 April 2012; but
(ii) do apply to investment deposits repayable at the end of a fixed term that commenced on or after 5 April 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 |
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✨ LLM interpretation of page content
⚖️ Retired District Court Judge Appointment
⚖️ Justice & Law Enforcement16 March 2012
District Court Judge, Retirement, Appointment, Acting Judge, Environment Court
- Robert Gordon Whiting (District Court Judge), Retired and appointed Acting District Court Judge
- HON CHRISTOPHER FINLAYSON, Attorney-General
🏢 Public Trust Common Fund Interest Rates Notice
🏢 State Enterprises & Insurance5 April 2012
Public Trust, Interest Rates, Common Fund, Deposits, Investment
NZ Gazette 2012, No 40