Public Trustee (Interest Rate) Amendment Regulation (No. 5) 2023

1Short title

This regulation may be cited as the Public Trustee (Interest Rate) Amendment Regulation (No. 5) 2023.

2Commencement

This regulation commences on 1 June 2023.

3Regulation amended

This regulation amends the Public Trustee Regulation 2012.

4Amendment of s 4 (Interest payable on amounts in common fund—Act, s 19)

Section 4(2), ‘1.34%’—
omit, insert—

1.35%

5Amendment of sch 1 (Interest payable on amounts in common fund)

(1)Schedule 1, items 1 and 5, ‘0.2%’—
omit, insert—

0.21%

(2)Schedule 1, items 2(c) and 3, ‘0.99%’—
omit, insert—

1.23%