New Zealand Legislation: Regulations

11 Income exempt from means assessment

• For the purpose of paragraph (k) of the definition of income in clause 5 of Part 3 of Schedule 27 of the Act, the following types of income are not to be included in a means assessment as to income:

  • (a) any compensation or ex gratia payment made by the Government of any country to the person or his or her spouse or partner because the person or his or her spouse or partner—

    • (i) was a prisoner of war, civilian internee, or victim of persecution of any country during the Second World War; or

    • (ii) was a dependant child of a person who was a prisoner of war, civilian internee, or victim of persecution of any country during the Second World War:

  • (b) any interest derived from compensation or an ex gratia payment referred to in paragraph (a):

  • (c) any interest derived from any pre-paid funeral of the person or of the person's spouse or partner that is referred to in paragraph (d) of the definition of exempt assets in clause 4 of Part 2 of Schedule 27 of the Act.

  Regulation 11(a): substituted, on 24 November 2006, by regulation 6(1) of the Social Security (Long-term Residential Care) Amendment Regulations (No 2) 2006 (SR 2006/349).

  Regulation 11(b): amended, on 24 November 2006, by regulation 6(2) of the Social Security (Long-term Residential Care) Amendment Regulations (No 2) 2006 (SR 2006/349).