Section 2 - Application by SCF for the Extended Scheme South Canterbury Finance Ltd Information Release
Page updated 14 Apr 2011
Documents on this page cover the period January to April 2010, covering the application by South Canterbury Finance (SCF) to participate in the Extended Deposit Guarantee Scheme, and the subsequent approval by the Crown.
The sections of the SCF information release are:
- Home
- Section 1 - Application by SCF to Enter the Retail Deposit Guarantee Scheme
- Section 1a - Initial Participation by SCF to Enter the Retail Deposit Guarantee Scheme
- Section 2 - Application by SCF for the Extended Scheme
- Section 2a - Ongoing Participation by SCF in the Extended Scheme
- Section 3 - Default of SCF and Triggering of the Crown Guarantee
Documents
See Information Withheld from the SCF Release for an explanation of the grounds for withholding some information from this information release under the Official Information Act.
Documents are listed in date order with the oldest at top. Documents are available in Adobe PDF format only. Documents released in the second release of SCF documents can be identified by Released 14 April 2011 under each description and their different PDF file naming convention using a number e.g. scf-1914530.pdf.
Using PDF Files
Using PDF Files
| Doc. Date | Description | View/Download |
|---|---|---|
| 18 Jan 2010 | Treasury Report T2010/29 by the Treasury: Asset Management: Triggers and Governance Arrangements | scf-t2010-29.pdf (363 KB) |
| 18 Jan 2010 | Email with Attachment(s) from the Reserve Bank to the Treasury: Weekly Liquidity Information Released 14 April 2011 | scf-1765439.pdf (208 KB) |
| 18 Jan 2010 | Email with Attachment(s) from the Treasury to the Office of the Minister of Finance: Re: Discussion on SCF Released 14 April 2011 | scf-1789738.pdf (317 KB) |
| 19 Jan 2010 | Letter from South Canterbury Finance to the Treasury: Application for Extension to the Crown Retail Deposit Guarantee | scf-l-scf-tsy-19jan10.pdf (487 KB) |
| 20 Jan 2010 | Email with Attachment(s) from South Canterbury Finance to the Treasury: Re: Meeting Request Released 14 April 2011 | scf-1766104.pdf (172 KB) |
| [21 Jan 2010] | Document by Standard & Poor's: [SCF Ratings Report Supplied to Treasury in Support of their Extension Application] Report is dated 23 December 2009 but it was supplied to Treasury on 21 January 2010. |
scf-d-sp-21jan10.pdf (112 KB) |
| 21 Jan 2010 | Emails between the Treasury and South Canterbury Finance: RE: Application from SCF | scf-e-tsy-scf-21jan10.pdf (220 KB) |
| 21 Jan 2010 | Document by the Treasury: South Canterbury Finance Limited - Internal Application Checklist for Extended Crown Deed of Guarantee Date listed is the date the checklist was created. Filing was completed 3 May 2010. |
scf-d-tsy-21jan10.pdf (1200 KB) |
| 2 Feb 2010 | Press Release by Standard & Poor's: Ratings On New Zealand-Based South Canterbury Finance Lowered To ?BB/B? Due To Asset Quality Deterioration; Placed On CreditWatch Negative | scf-pr-sp-2feb10.pdf (49 KB) |
| [5 Feb 2010] | Document by the Treasury: [Retail Deposit Guarantee Scheme] Provision Recommendation [for January 2010 - Summary] | scf-d-tsy-5feb10.pdf (150 KB) |
| 10 Feb 2010 | Email with Attachment(s) from the Reserve Bank to the Treasury: Monthly Reviews | scf-ea-rb-tsy-10feb10.pdf (1821 KB) |
| 16 Feb 2010 | Presentation by South Canterbury Finance: Recapitalisation of South Canterbury Finance | scf-p-scf-16feb10.pdf (1016 KB) |
| 17 Feb 2010 | Email with Attachment(s) from Simmons Corporate Finance Ltd to the Treasury: [Application to Prepare an Independent Expert Opinion on a Related Party Transaction Contemplated by South Canterbury Finance] | scf-ea-s-tsy-17feb10.pdf (610 KB) |
| 17 Feb 2010 | Letter from Northington Partners Investment Bankers to the Treasury: [Application to Prepare an Independent Expert Opinion on a Related Party Transaction Contemplated by South Canterbury Finance] | scf-l-np-tsy-17feb10.pdf (276 KB) |
| 18 Feb 2010 | Email from South Canterbury Finance to the Treasury: SCF Sent by Forsyth Barr on behalf of South Canterbury Finance Ltd. |
scf-e-scf-tsy-18feb10.pdf (137 KB) |
| 19 Feb 2010 | Email with Attachment(s) from the Treasury to South Canterbury Finance: RE: Independent Expert Approvals Two letters from the Treasury to South Canterbury Finance attached. |
scf-ea-tsy-scf-19feb10.pdf (269 KB) |
| 22 Feb 2010 | Emails between South Canterbury Finance and the Treasury: RE: SCF Includes email sent on 18 February 2010 by Forsyth Barr on behalf of South Canterbury Finance. |
scf-e-scf-tsy-22feb10.pdf (290 KB) |
| 23 Feb 2010 | Emails between the Treasury and South Canterbury Finance: RE: SCF Includes email sent on 18 February 2010 by Forsyth Barr on behalf of South Canterbury Finance. |
scf-e-tsy-scf-23feb10.pdf (334 KB) |
| 23 Feb 2010 | Treasury Report T2010/273 by the Treasury: Update on Firms under the DGS | scf-t2010-273.pdf (788 KB) |
| 25 Feb 2010 | Emails with Attachment(s) between the Treasury and the Office of the Minister of Finance: FW: South Canterbury Finance Includes an attachment: Aide Memoire from the Treasury to the Minister of Finance: Retail Deposit Guarantee Scheme - Statutory Management; Summary of Options dated 15 August 2009. |
scf-ea-tsy-mof-25feb10.pdf (358 KB) |
| 25 Feb 2010 | Email from the Treasury to the Office of the Minister of Finance: Re: South Canterbury Finance Released 14 April 2011 | scf-1818242.pdf (353 KB) |
| 26 Feb 2010 | Letter from the Reserve Bank to the Treasury: Extended Crown Retail Deposit Guarantee Scheme: Application by South Canterbury Finance Ltd (SCF) | scf-l-rb-tsy-26feb10.pdf (56 KB) |
| 28 Feb 2010 | Letter from Trustees Executors Ltd to South Canterbury Finance: Re: Requests for Waivers under the Trust Deed | scf-l-te-scf-28feb10.pdf (264 KB) |
| 28 Feb 2010 | Letter from South Canterbury Finance to Trustees Executors Ltd: South Canterbury Finance - Request for Waivers | scf-l-scf-te-28feb10.pdf (368 KB) |
| 28 Feb 2010 | Letter from Simmons Corporate Finance Ltd to the Treasury: South Canterbury Finance Ltd | scf-l-s-tsy-28feb10.pdf (163 KB) |
| 1 Mar 2010 | Letter from the Reserve Bank to the Treasury: Extended Retail Deposit Guarantee Scheme: Application by South Canterbury Finance Ltd | scf-l-rb-tsy-1mar10.pdf (750 KB) |
| 1 Mar 2010 | Letter from Trustees Executors Ltd to South Canterbury Finance: Re: Requests for Waivers under the Trust Deed | scf-l-te-scf-1mar10.pdf (97 KB) |
| 1 Mar 2010 | Letter from South Canterbury Finance to Trustees Executors Ltd: South Canterbury Finance Limited - Amendment to Request for Waiver Letter sent on behalf of South Canterbury Finance Ltd by Bell Gully. |
scf-l-scf-te-1mar10.pdf (210 KB) |
| 1 Mar 2010 | Email from the Treasury to Forysth Barr: Re: Update: SCF Released 14 April 2011 | scf-1818232.pdf (191 KB) |
| [2 Mar 2010] | Document by Standard & Poor's: [Further SCF Ratings Report Supplied to Treasury in Support of their Extension Application] | scf-d-sp-2mar10.pdf (387 KB) |
| [8 Mar 2010] | Document by the Treasury: Recommendation for Retail Deposit Scheme Provision for the Month Ending February 2010 | scf-d-tsy-8mar10.pdf (662 KB) |
| 9 Mar 2010 | Notes by the Treasury: [Notes of Telephone Conference Held on 9 March 2010 with Securities Commission] | scf-n-tsy-9mar10.pdf (30 KB) |
| [9 Mar 2010] | Spreadsheet by the Treasury: DGS Payout Projections: Projection of Claims Processing for Provisioned Entities | scf-x-tsy-9mar10.pdf (750 KB) |
| 11 Mar 2010 | Letter from the Treasury to South Canterbury Finance: Crown Request for Information under Clauses 4.1 and 6.4 of Crown Deed of Guarantee (Non-Bank Deposit Taker) | scf-l-tsy-scf-11mar10.pdf (39 KB) |
| 15 Mar 2010 | Letter from the Companies Office to the Treasury: Crown Retail Deposit Guarantee Extension Application - South Canterbury Finance Limited | scf-l-co-tsy-15mar10.pdf (244 KB) |
| [16 Mar 2010] | Document by the Reserve Bank: [January 2010 Review of South Canterbury Finance] | scf-d-rb-16mar10.pdf (1127 KB) |
| 16 Mar 2010 | Document by the Treasury: BEFU 10 Business Talks (South Canterbury Finance) | scf-d-tsy-16mar10.pdf (27 KB) |
| 16 Mar 2010 | Email by the Treasury: FW: SCF - RBNZ Update | scf-e-tsy-16mar10-u.pdf (104 KB) |
| 16 Mar 2010 | Email with Attachment(s) by the Treasury: Reconciliation of SCF's [December Reserve Bank] Reporting and Unaudited Accounts Released 14 April 2011 | scf-1818218.pdf (78 KB) |
| 16 Mar 2010 | Email with Attachment(s) by the Treasury: SCF - RBNZ Update Released 14 April 2011 | scf-1818220.pdf (66 KB) |
| 17 Mar 2010 | Email with Attachment(s) from the Reserve Bank to the Treasury: SCF [with Memorandum of Amendments dated 2 March 2010 to South Canterbury Finance Limited Prospectus Attached] | scf-ea-rb-tsy-17mar10.pdf (1180 KB) |
| 17 Mar 2010 | Email with Attachment(s) from the Reserve Bank to the Treasury: SCF Attachment is Memorandum of Amendments dated 2 March 2010 to South Canterbury Finance Limited Prospectus No. 60 dated 20 October 2009 (as amended by a Memorandum of Amendments dated 9 February 2010) Released 14 April 2011 | scf-1818217.pdf (1183 KB) |
| 18 Mar 2010 | Spreadsheet by the Treasury: [Extension Monitoring Report] | scf-x-tsy-18mar10.pdf (368 KB) |
| 18 Mar 2010 | Email with Attachment(s) from the Reserve Bank to the Treasury: Risk Ranking and Loss Estimates for January 2010 | scf-ea-rb-tsy-18mar10.pdf (415 KB) |
| 23 Mar 2010 | Document by the Treasury: DGS Update: Applications for Extended Retail Deposit Guarantee (as at 23 March 2010) | scf-d-tsy-23mar10.pdf (91 KB) |
| 24 Mar 2010 | Email with Attachment(s) from the Treasury to the Office of the Minister of Finance: Deposit Guarantee Scheme Update Released 14 April 2011 | scf-1856890.pdf (154 KB) |
| 26 Mar 2010 | Letter from Ernst & Young to the Treasury: South Canterbury Finance Ltd | scf-l-ey-tsy-26mar10.pdf (143 KB) |
| 29 Mar 2010 | Email from South Canterbury Finance to the Treasury: RE: SCF Deferred Tax Assets | scf-e-scf-tsy-29mar10.pdf (64 KB) |
| 31 Mar 2010 | Email from the Treasury to South Canterbury Finance: Extended Crown Retail Deposit Guarantee Scheme - South Canterbury Finance Ltd | scf-e-tsy-scf-31mar10.pdf (95 KB) |
| 31 Mar 2010 | Email with Attachment(s) from the Reserve Bank to the Treasury: FW: SCF - Signed Waiver Request [including Attached Letters from Bell Gully and Trustees Executors Ltd] Attachment is a Bell Gully Letter to Trustees Executors: South Canterbury Finance - Request for Waivers dated 31 March 2010. |
scf-ea-rb-tsy-31mar10.pdf (656 KB) |
| 31 Mar 2010 | Email with Attachment(s) from South Canterbury Finance to the Treasury: SCF Letter - Treasury 31 May Released 14 April 2011 | scf-1886104.pdf (83 KB) |
| 1 Apr 2010 | Press Release by the Treasury: PGG Wrightson Finance and South Canterbury Finance approved for extended Retail Deposit Guarantee Scheme | scf-pr-tsy-1apr10.pdf (24 KB) |
| 1 Apr 2010 | Notes by the Treasury: South Canterbury Finance Limited - Notes of Meeting Held on 1 April 2010 for Purposes of Section 2.4 Internal Application Checklist | scf-n-tsy-1apr10.pdf (214 KB) |
| 1 Apr 2010 | Email with Attachment(s) from Minter Ellison Rudd Watts Lawyers to the Treasury: Re: Directors Certificate Released 14 April 2011 | scf-1818190.pdf (149 KB) |
| 1 Apr 2010 | Email with Attachment(s) from Ernst & Young to the Treasury: Letter re SCF Letter is dated 26 March 2010 Released 14 April 2011 | scf-1818202.pdf (399 KB) |
| 6 Apr 2010 | Emails between the Reserve Bank and the Treasury: Re: SCF January NBDT Report Includes emails forwarded from South Canterbury Finance Limited and Trustees Executors Limited. Released 14 April 2011 | scf-1800209.pdf (580 KB) |
| 6 Apr 2010 | Emails with Attachment(s) between the Treasury and the Office of the Minister of Finance: Re: Approvals for Extended Retail Deposit Guarantee Scheme Released 14 April 2011 | scf-1818183.pdf (132 KB) |
| [7 Apr 2010] | Document by the Treasury: Retail Deposit Guarantee Scheme: Provision for Losses: Movements in the Provision by Month | scf-d-tsy-7apr10.pdf (52 KB) |
| [8 Apr 2010] | Document by the Treasury: Recommendation for Retail Deposit Scheme Provision for the Month Ending March 2010 Released 14 April 2011 | scf-1799575.pdf (701 KB) |
| 22 Apr 2010 | Email with Attachment(s) by the Treasury: NZ Shareholders Association - Response to Letter of 22 April 2010 Includes New Zealand Shareholders Association Letter of 22 April 2010: Re: Potential Time Delays If Retail Guarantee Scheme Is Invoked Released 14 April 2011 | scf-1842186.pdf (195 KB) |
| 28 Apr 2010 | Email with Attachment(s) by the Treasury: Bruce Sheppard - Commentary on SCF and DGS Released 14 April 2011 | scf-1823168.pdf (53 KB) |
| 29 Apr 2010 | Email with Attachment(s) from South Canterbury Finance to the Treasury: SCF: Maturity Extension Letters Released 14 April 2011 | scf-1856873.pdf (341 KB) |
| 29 Apr 2010 | Email with Attachment(s) from South Canterbury Finance to the Treasury: South Canterbury Finance Update Released 14 April 2011 | scf-1856874.pdf (216 KB) |
| [30 Apr 2010] | Spreadsheet by the Treasury: Retail Deposit Guarantee Scheme [Cashflow Estimates for Defaults for the May 2010 Financial Statements of the Government of New Zealand] | scf-x-tsy-30apr10.pdf (40 KB) |
| 30 Apr 2010 | Letter from the Treasury to KordaMentha: Appointment of KordaMentha as an Inspector under Clause 6.5 of the Crown Deed of Guarantee in Relation to South Canterbury Finance Limited Released 14 April 2011 | scf-1814866.pdf (44 KB) |
| [30 Apr 2010] | Agreement between the Crown and KordaMentha: Agreement for Inspection and Related Services between the Crown and KordaMentha Released 14 April 2011 | scf-1815307.pdf (95 KB) |
| 30 Apr 2010 | File Note by the Treasury: South Canterbury Finance Limited Released 14 April 2011 | scf-1856360.pdf (66 KB) |
