✨ Financial and Scientific Notices
5 APRIL 2012 NEW ZEALAND GAZETTE, No. 40
Investment Deposits
| Investment deposits at call | % p.a. |
|---|---|
| $10,000–$49,999 | 1.15 |
| $50,000–$249,999 | 1.70 |
| $250,000+ | 1.90 |
| Special deposits (effective 16 December 2011) | 2.45 |
| Trust deposits | % p.a. |
|---|---|
| $0–$9,999 | 1.00 |
| $10,000–$49,999 | 1.15 |
| $50,000–$249,999 | 1.70 |
| $250,000+ | 1.90 |
Interest Rates for Fixed Terms
| Term | $0–$9,999 | $10,000–$49,999 | $50,000–$249,999 | $250,000+ |
|---|---|---|---|---|
| 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 | 3.65 | 3.65 | 3.65 | 3.65 |
| 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 |
Schedule 2
Rates of interest payable on each protection deposit associated with a particular private training establishment
| Total deposits | % 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 | 2.50 |
| Total deposits exceed $3,000,001 | 3.20 |
Interest payable monthly and quarterly
| Term | $20,000–$49,999 | $50,000–$249,999 | $250,000+ |
|---|---|---|---|
| 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 | 3.65 | 3.65 | 3.65 |
| 36 mths | 3.85 | 3.85 | 3.85 |
| 4 yrs | 4.05 | 4.05 | 4.05 |
| 5 yrs | 4.35 | 4.35 | 4.35 |
Schedule 3
Rates of interest payable on investment deposits repayable at the end of a fixed term
Interest payable on maturity, monthly or quarterly
| Term | $5,000–$9,999 | $10,000–$49,999 | $50,000–$249,999 | $250,000+ |
|---|---|---|---|---|
| 3 mths | 3.20 | 3.20 | 3.20 | 3.20 |
| 6 mths | 3.20 | 3.20 | 3.20 | 3.20 |
Dated at Wellington this 2nd day of April 2012.
DAVID GORDON, Head of Financial Products, Public Trust.
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Science and Innovation
Research, Science, and Technology Act 2010
Amendment to the Notice to the Innovation Board Setting Criteria for Assessing Proposals for Specified Research, Science, and Technology Funding
Pursuant to sections 8(1) and 10(3) of the Research, Science, and Technology Act 2010, I amend the notice to the Innovation Board entitled "Innovation Board – Criteria for assessing proposals for specified Research, Science and Technology funding" published on page 180 of the Establishment of Innovation Board and Science Board and Other Related Notices Supplement to the New Zealand Gazette, 31 January 2011, No. 9, page 177, by deleting the section titled
"SPECIFIED FUNDING DECIDED BY THE INNOVATION BOARD"
and substituting the following:
"SPECIFIED RS&T FUNDING DECIDED BY THE INNOVATION BOARD"
The Innovation Board must use one of the Business-led R&D investment tools or the Commercialisation and Technology Transfer Support (Objective 2) investment tool when making a decision in respect of a proposal for specified RS&T funding.
Funding allocated by the Innovation Board may be allocated from any of the following output expenses:
-
For funding allocated using a Business-led R&D investment tool:
- Biological Industries Research;
- High Value Manufacturing and Services Research;
-
For funding allocated using the Commercialisation and Technology Transfer Support (Objective Two) investment tool:
- Biological Industries Research;
- High Value Manufacturing and Services Research;
- Environmental Research;
- Energy and Minerals Research;
- Hazards and Infrastructure Research."
Dated at Wellington this 29th day of March 2012.
HON STEVEN JOYCE, Minister of Science and Innovation.
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✨ LLM interpretation of page content
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Public Trust Common Fund Interest Rates Notice
(continued from previous page)
🏢 State Enterprises & Insurance5 April 2012
Public Trust, Interest Rates, Common Fund, Deposits, Investment
- DAVID GORDON, Head of Financial Products, Public Trust
🎓 Amendment to Research, Science, and Technology Funding Criteria
🎓 Education, Culture & Science29 March 2012
Research, Science, Technology, Funding Criteria, Innovation Board
- HON STEVEN JOYCE, Minister of Science and Innovation
NZ Gazette 2012, No 40