β¨ Financial and Regulatory Notices
NEW ZEALAND GAZETTE, No. 14 β 18 FEBRUARY 2016
(i) do not apply to investment deposits repayable at the end of a fixed term that commenced prior to 16 February 2016; but
(ii) do apply to investment deposits repayable at the end of a fixed term that commenced on or after 16 February 2016.
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 February 2016.
MONIQUE TWORT, General Manager, Business Customers.
Notice of the Electricity Industry Participation Code Amendment (Minor Code Amendments) 2016
-
Under sections 38(3)(b) and 39(3)(a) and (c) of the Electricity Industry Act 2010 ("Act"), and having complied with section 39 of that Act, the Electricity Authority ("Authority") gives notice of making the Electricity Industry Participation Code Amendment (Minor Code Amendments) 2016 ("amendment").
-
The amendment comes into force on 1 May 2016.
-
The amendment makes minor amendments to three provisions in Parts 8 and 10 of the Electricity Industry Participation Code 2010 ("Code") to correct drafting errors arising from the Electricity Industry Participation Code Amendment (Code Review Programme) 2015.
-
In accordance with section 39(3)(a) and (c) of the Act, the Authority has not prepared and publicised a regulatory statement or consulted on a regulatory statement, because it is satisfied that the amendments are
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β¨ LLM interpretation of page content
π’
Public Trust Common Fund Interest Rates Notice 16 February 2016
(continued from previous page)
π’ State Enterprises & Insurance16 February 2016
Public Trust, Interest Rates, Common Fund, Investment Deposits
- MONIQUE TWORT, General Manager, Business Customers
π Electricity Industry Participation Code Amendment (Minor Code Amendments) 2016
π Trade, Customs & IndustryElectricity Authority, Code Amendment, Regulatory Compliance
NZ Gazette 2016, No 14