✨ Interest Rates and Exemption Notice
NEW ZEALAND GAZETTE, No. 95 — 20 OCTOBER 2016
3. Rates of Common Fund interest
(1) The rate of Common Fund interest on deposits (other than investment deposits repayable at the end of fixed term or protection deposits) shall be that specified in Schedule 1 for the appropriate type of deposits.
(2) The rate of Common Fund interest on each protection deposit associated with a particular Private Training 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.
4. Revocation of notice and transitional provisions
(1) The Public Trust Common Fund Interest Rates Notice 22 August 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 17 October 2016 but otherwise operate as from 18 October 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 18 October 2016; but
(ii) do apply to investment deposits repayable at the end of a fixed term that commenced on or after 18 October 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. |
|---|
| 0.50 |
All deposits
Schedule 2
Rates of interest payable on each protection deposit associated with a particular Private Training Establishment
| % p.a. |
|---|
| 0.90 |
All deposits
Schedule 3
Rates of interest payable on investment deposits repayable at the end of a fixed term
| % p.a. |
|---|
| 1.00 |
All deposits
Dated at Wellington this 18th day of October 2016.
SIMEON WRIGHT, Chief Financial Officer, Public Trust.
2016-au5912
Exemption for Antarctica New Zealand and Antarctic Heritage Trust
In accordance with section 220 of the Health and Safety at Work Act 2015 and a delegation to me by WorkSafe New Zealand, I give notice that I have exempted persons from compliance with the provisions of the Health and Safety at Work (Asbestos) Regulations 2016 that are specified in the Schedule to this notice.
The exemptions take effect on Thursday 20 October 2016.
Schedule
| Provision of the Health and Safety at Work (Asbestos) Regulations | Person to whom exemption granted |
|---|---|
| Regulation 42(2) | Antarctica New Zealand |
| Regulation 41(2)(a) | Antarctic Heritage Trust |
| Regulation 43(1) | Antarctic Heritage Trust |
Next Page →
NZ Gazette 2016, No 95
✨ LLM interpretation of page content
🏢
Public Trust Common Fund Interest Rates Notice
(continued from previous page)
🏢 State Enterprises & Insurance18 October 2016
Interest rates, Public Trust, Common Fund, Protection deposit, Investment deposit
- SIMEON WRIGHT, Chief Financial Officer, Public Trust
🏥 Exemption for Antarctica New Zealand and Antarctic Heritage Trust
🏥 Health & Social Welfare20 October 2016
Exemption, Health and Safety at Work Act 2015, Asbestos Regulations, Antarctica