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They are particularly common in relation to rented accommodation, where they may also be referred to as a tenancy deposit, bond deposit, [1] or bond. The owner of the item (the landlord in the case of accommodation) will take a sum of money from the person(s) renting the item (the tenant).
In 1986, The Residential Tenancies Act was passed and The Ministry of Housing was formed. This entity was responsible for government housing policy, managing the State Housing Appeals Authority, holding and managing Tenancy bond monies, providing tenancy advice (Tenancy Services), delivering mediations and administration of The Tenancy Tribunal.
The land districts of New Zealand are the cadastral divisions of New Zealand, which are used on property titles. There are 12 districts, six in the North Island and six in the South Island. The land districts are distinct from the 16 local government regions. The current legislation for the land districts is the Land Transfer Act 1952. [1] [2] [3]
The Ministry of Housing was established in 1991 by the Fourth National Government as a policy advice agency alongside Housing New Zealand Corporation, which managed the state housing portfolio. [1] The Ministry of Social Policy, later the Ministry of Social Development (MSD), gained a housing policy role in the late 1990s. [1]
Therefore, if interest rates fall and bond prices rise, a firm will benefit from the sinking fund provision that enables it to repurchase its bonds at below-market prices. In this case, the firm's gain is the bondholder's loss – thus callable bonds will typically be issued at a higher coupon rate, reflecting the value of the option.
DigitalNZ is hosted and managed by the National Library of New Zealand and funded by the New Zealand Government. It is aimed at making New Zealand digital content easier to find, share and use. The partner organisations include cultural institutions, government departments, publicly funded organisations, educational and research organisations ...
In 2011, Archives New Zealand and the National Library of New Zealand were merged back into the Department of Internal Affairs. [2] [9] Before 1 February 2011 Archives New Zealand was a separate government department. [9] In 2018, the Christchurch office moved to a new location in Wigram near the Air Force Museum of New Zealand. [10] [11]
The Land Transfer Act 1952 is an Act of Parliament passed in New Zealand in 1952. It implements the Torrens title system of land registration . [ 1 ] Much of it is based on the Land Transfer Act 1885 .