This regulation may be cited as the Public Trustee (Interest Rate) Amendment Regulation 2022.
This regulation commences on 1 October 2022.
This regulation amends the Public Trustee Regulation 2012.
4Amendment of s 4 (Interest payable on amounts in common fund—Act, s 19(1)(c))
(1)Section 4, heading, ‘s 19(1)(c)’—
omit, insert—s 19
(2)Section 4(2), ‘0.25%’—
omit, insert—0.4%
5Amendment of sch 1 (Interest payable on amounts in common fund)
Schedule 1, items 2(c) and 3, ‘0.25%’—
omit, insert—0.4%