✨ Public Trust Interest Rates and AML Exemption
NEW ZEALAND GAZETTE, No. 141 — 17 DECEMBER 2015
16 December 2015; but
(ii) do not apply to investment deposits repayable at the end of a fixed term that commenced on or after 16 December 2015.
Schedule 1
Rates of interest payable on deposits (other than investment deposits repayable at the end of fixed term or protection deposits)
| Deposit Type | % p.a. |
|---|---|
| Agency deposits | 1.00 |
| Call deposits | 1.00 |
| Funeral Trust Cash Fund | 1.00 |
| Investment deposits at call | 1.00 |
| Sinking funds deposits | 1.00 |
| Rating deposits | 1.00 |
| Trust deposits | 1.00 |
Schedule 2
Rates of interest payable on each protection deposit associated with a particular Private Training Establishment
| Deposit Type |
|---|
| % p.a. |
| All deposits |
Schedule 3
Rates of interest payable on investment deposits repayable at the end of a fixed term
Interest payable on maturity, monthly or quarterly
| Fixed Term |
|---|
| % p.a. |
| 3 months |
| 6 months |
| 9 months |
| 1 year |
| 18 months |
| 24 months |
| 30 months |
| 36 months |
| 4 years |
| 5 years |
Dated at Wellington this 16th day of December 2015.
MONIQUE TWORT, General Manager, Business Customers.
2015-go7470
Ministerial Exemptions Under the Anti-Money Laundering and Countering Financing of Terrorism Act 2009
In accordance with section 157(6)(b) of the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (“Act”), the Associate Minister of Justice hereby gives notice that he has granted the following exemption from the Act:
Ministerial Exemption: Young Women’s Christian Association and Angel Fund of Dunedin
-
In my capacity as the Associate Minister of Justice and pursuant to section 157 of the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (“Act”), I exempt Young Women’s Christian Association (YWCA) and Angel Fund of Dunedin from all provisions of the Act.
-
The exemption has been granted for the following reasons:
a. There is a very low risk of money laundering and terrorist financing through the YWCA and Angel Fund of Dunedin as:
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NZ Gazette 2015, No 141
✨ LLM interpretation of page content
🏢
Public Trust Common Fund Interest Rates Notice
(continued from previous page)
🏢 State Enterprises & Insurance16 December 2015
Public Trust, Common Fund, Interest Rates, Deposits, Investment
- MONIQUE TWORT, General Manager, Business Customers
⚖️ Ministerial Exemptions Under the Anti-Money Laundering and Countering Financing of Terrorism Act 2009
⚖️ Justice & Law EnforcementAnti-Money Laundering, Exemption, YWCA, Angel Fund, Dunedin
- Associate Minister of Justice