✨ Financial Notices
NEW ZEALAND GAZETTE, No. 121 — 22 DECEMBER 2016
Establishment shall be that specified in Schedule 2.
(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.
(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 6 December 2016 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 5 December 2016 but otherwise operate as from 20 December 2016.
(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 20 December 2016; but
(ii) do apply to investment deposits repayable at the end of a fixed term that commenced on or after 20 December 2016.
Schedule 1
Rates of interest payable on deposits (other than investment deposits repayable at the end of fixed term or protection deposits)
% p.a.
All deposits 0.30
Schedule 2
Rates of interest payable on each protection deposit associated with a particular Private Training Establishment
% p.a.
All deposits 0.70
Schedule 3
Rates of interest payable on investment deposits repayable at the end of a fixed term
% p.a.
All deposits 1.00
Dated at Wellington this 20th day of December 2016.
SIMEON WRIGHT, Chief Financial Officer.
2016-au7194
Notice Under Section 55(1) of the Auditor Regulation Act 2011
Pursuant to section 55(1) of the Auditor Regulation Act 2011, the Financial Markets Authority on 12 December 2016 prepared a report on the extent to which the audit regulatory systems of CPA Australia are adequate and effective for the period 1 July 2015 to 30 June 2016.
Copies are available on the Financial Markets Authority’s website
Copies are also available at the Financial Markets Authority, Level 2, 1 Grey Street, Wellington, or Level 5, Ernst & Young Building, 2 Takutai Square, Britomart, Auckland, or by post to PO Box 1179, Wellington 6140.
2016-au7195
Notice Under Section 55(1) of the Auditor Regulation Act 2011
Pursuant to section 55(1) of the Auditor Regulation Act 2011, the Financial Markets Authority on 12 December
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NZ Gazette 2016, No 121
✨ LLM interpretation of page content
🏢
Public Trust Common Fund Interest Rates Notice
(continued from previous page)
🏢 State Enterprises & Insurance20 December 2016
Public Trust, Interest Rates, Common Fund, Investment, Revocation, Transitional Provisions
- SIMEON WRIGHT, Chief Financial Officer
💰 Notice Under Section 55(1) of the Auditor Regulation Act 2011
💰 Finance & RevenueAuditor Regulation, Financial Markets Authority, CPA Australia, Audit Regulatory Systems
💰 Notice Under Section 55(1) of the Auditor Regulation Act 2011
💰 Finance & RevenueAuditor Regulation, Financial Markets Authority, CPA Australia, Audit Regulatory Systems