Pursuant to sub-sections 180(1)(d) and 180(2) of the KiwiSaver Act 2006, notice is given of a variation to
the instrument of appointment appointing OnePath (NZ) Limited as a KiwiSaver Default Provider.
Pursuant to clause 10 of the KiwiSaver Default Provider (OnePath (NZ) Limited) Notice 2007, the Minister of Finance and Minister of Commerce jointly give the following notice.
N o t i c e
1. Title-(1) This is the KiwiSaver Default Provider (OnePath (NZ) Limited) Amendment Notice 2012 (No. 1).
(2) In this notice, the KiwiSaver Default Provider
(OnePath (NZ) Limited) Notice 2007, dated the 2nd day
of April 2007*, as amended from time to time, is called
the principal notice.
2. Commencement-This notice comes into force on
the day after the date on which it is published in the
New Zealand Gazette.
3. Principal notice amended-With effect from
1 December 2012, the principal notice is varied to reflect the following changes:
- Appendix 2 of the principal notice is amended by deleting from the Fee type - "Switching fees" the words "Two free switches per annum, thereafter a switching fee of up to $25 for each subsequent switch transaction" and replacing them with the word "Nil".
- Appendix 2 of the principal notice is amended by deleting from the Fee type - "Trustee fees" the expression "0.05%" and replacing it with "0.04%".
Dated at Wellington this 26th day of November 2012.
HON BILL ENGLISH, Minister of Finance.
HON CRAIG FOSS, Minister of Commerce.
Explanatory Note
This note is not part of the notice, but is intended to indicate its general effect.
This notice, which comes into force on the day after the date on which it is published in the New Zealand Gazette, amends the instrument appointing OnePath (NZ) Limited as a KiwiSaver Default Provider.
*website www.fma.govt.nz/help-me-comply/kiwisaver/your- obligations/default-providers