✨ Interest Rates and Social Development Notices
1972 NEW ZEALAND GAZETTE, No. 70 3 JULY 2014
| 4 yrs | 3.10 | 3.10 | 3.10 | 3.10 | |
|---|---|---|---|---|---|
| 5 yrs | 3.15 | 3.15 | 3.15 | 3.15 |
Interest payable monthly and quarterly
| $20,000–$49,999 % p.a. | $50,000–$249,999 % p.a. | $250,000+ % p.a. | |
|---|---|---|---|
| 6 mths | 2.25 | 2.25 | 2.25 |
| 9 mths | 2.40 | 2.40 | 2.40 |
| 1 yr | 2.50 | 2.50 | 2.50 |
| 18 mths | 2.60 | 2.60 | 2.60 |
| 24 mths | 2.75 | 2.75 | 2.75 |
| 30 mths | 2.90 | 2.90 | 2.90 |
| 36 mths | 3.00 | 3.00 | 3.00 |
| 4 yrs | 3.10 | 3.10 | 3.10 |
| 5 yrs | 3.15 | 3.15 | 3.15 |
Dated at Wellington this 1st day of July 2014.
MONIQUE TWORT, General Manager, Business Customers.
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Social Development
Crown Entities Act 2004
Appointment to the New Zealand Artificial Limb Service Board
Pursuant to section 28 of the Crown Entities Act 2004, the Minister for Social Development has appointed
Professor Alan Thurston, of Wellington
to be a member of the New Zealand Artificial Limb Service Board for a term of three years commencing on 1 July 2014.
Dated at Wellington this 10th day of June 2014.
HON PAULA BENNETT, Minister for Social Development.
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Social Security Act 1964
Employment and Work Readiness Assistance Amendment 2014
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 Employment and Work Readiness Assistance Amendment 2014.
-
Commencement—(1) This instrument, except for the provisions referred to in subclauses (2) and (3), comes into force on 1 July 2014.
(2) Clauses 1 to 3, 6(3) and 8(1) come into force on the day after the date on which this instrument is made.
(3) Clauses 8(3) and (4) and 9(9) come into force immediately after clause 8(2) comes into force.
-
Principal programme—This instrument amends the Employment and Work Readiness Assistance Programme (as established and approved on 6 March 2014) (the principal programme).
-
Clause 4 amended (Interpretation)—(1) In clause 4(1), insert the following definitions in their appropriate alphabetical order:
“applicant—
(a) means a person (other than the person’s spouse or partner) who, in accordance with a requirement under clause 7(1), has completed an application form for any assistance; and
(b) includes any other person in respect of whom the chief executive has made, or proposes to make, a decision under clause 6(1) to grant or refuse any assistance.
cash assets has the same meaning as in section 61E(1) of the Act.
employment has the same meaning as in section 3(1) of the Act but, except for the purposes of the definition of employment A in clause 6(1)(c)(ii) of the Schedule, does not include—
(a) employment as a sex worker or as an operator of a business of prostitution (as those terms are defined in the Prostitution Reform Act 2003); or
(b) employment in any other occupation of a kind that provides, or directly facilitates the provision of, services—
(i) for the sexual gratification of one or more other persons; and
(ii) that are provided for payment or other reward (irrespective of whether the reward is given to the person providing the services or another person).
employment-related training means training (including industry, sector, job-specific, or on-the-job training) designed to increase a person’s skills for employment.
non-qualified spouse or partner means a person who is not qualified in his or her own right to receive New Zealand superannuation or a veteran’s pension and who is the spouse or partner of a person who has elected to receive—
(a) New Zealand superannuation at the appropriate rate set out in clause 2 of Schedule 1 of the New Zealand Superannuation and Retirement Income Act 2001; or
(b) a veteran’s pension at the appropriate rate set out in clause 2 of Schedule 11 of the War Pensions Act 1954.
short-term employment-related training course means a course of employment-related training of not more than 12 weeks’ duration.
specified regulations means the Social Security (Contracts and Information Sharing with Service Providers) Regulations 2012 (SR 2012/210).
stand down period has the same meaning as in section 80BA of the Act.
year, in relation to an education or employment-related training course, means the period of 52 weeks commencing on the later of,—
(a) the date of any application for assistance for the course required under clause 7; or
(b) in a case where assistance for the course is granted without an application, the date of the grant; or
(c) the date of commencement of the course.
youth service means services of the kind referred to in section 123E(a) of the Act and Regulation 4 of the specified regulations.”
(2) In clause 4(1), replace the definition of services with:
“services, except in the definition of employment, means services of a kind specified in the specified regulations”.
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✨ LLM interpretation of page content
🏢
Public Trust Common Fund Interest Rates Notice
(continued from previous page)
🏢 State Enterprises & Insurance1 July 2014
Interest Rates, Public Trust, Deposits, Investment, Protection
- MONIQUE TWORT, General Manager, Business Customers
🏥 Appointment to the New Zealand Artificial Limb Service Board
🏥 Health & Social Welfare10 June 2014
Appointment, Artificial Limb Service Board, Wellington
- Alan Thurston (Professor), Appointed member of the New Zealand Artificial Limb Service Board
- HON PAULA BENNETT, Minister for Social Development
🏥 Employment and Work Readiness Assistance Amendment 2014
🏥 Health & Social WelfareAmendment, Employment Assistance, Social Security Act, Work Readiness
NZ Gazette 2014, No 70