This regulation may be cited as the Public Trustee (Interest Rate) Amendment Regulation (No. 2) 2019.
This regulation commences on 1 November 2019.
This regulation amends the Public Trustee Regulation 2012.
4Amendment of s 4 (Interest payable on amounts in common fund—Act, s 19(1)(c))
Section 4(2), ‘1.4%’—
omit, insert—1.3%
5Amendment of sch 1 (Interest payable on amounts in common fund)
Schedule 1, items 2(c) and 3, ‘0.95%’—
omit, insert—0.7%