Kāinga Ora–Homes and Communities Bill

  • enacted
5 Interpretation

(1)

In this Act, unless the context otherwise requires,—

board means the board of Kāinga Ora–Homes and Communities

chief executive means the chief executive of the Ministry

commencement date means 1 October 2019

development includes all or any of the following:

(a)

acquiring land for development:

(b)

initiating, commissioning, partnering, or leading a development project:

(c)

delivering a development project:

(d)

selling, leasing, disposing of, managing, or otherwise dealing with land and improvements

financial assistance for home ownership means a grant, loan, insurance or underwriting policy, or other financial assistance product that is designed to help people to acquire a home, but does not include income-related rent within the meaning of section 2(1) of the Public Housing Management Act 1992

GPS means a government policy statement on housing and urban development issued by the Ministers under Part 2

home-related financial assistance

(a)

means financial assistance that is designed to help people with housing:

Examples
  • arrangements such as shared equity, shared ownership, or rent to buy or option to buy

  • financial assistance such as a grant, loan, or insurance or underwriting policy; but

(b)

does not include income-related rent within the meaning of section 2(1) of the Public and Community Housing Management Act 1992

Kāinga Ora–Homes and Communities means Kāinga Ora–Homes and Communities established by section 8

Ministers means the Minister of Finance and the Minister of the Crown who, under the authority of any warrant or with the authority of the Prime Minister, is responsible for the administration of this Act

Ministry means the Ministry responsible for the administration of this Act.

(2)

The Ministers, acting jointly, are the responsible Minister for the purpose of the Crown Entities Act 2004.