For the purposes of regulation 30, a notice complies with this regulation if the notice—
(a) is in the name of the person:
(b) is signed by the Minister of Housing or a delegate:
(c) states that the Minister of Housing or delegate is satisfied that the income, assets, and liabilities of the person represent a financial position that would be expected of a person that has never held an estate in land (whether alone or as a joint tenant or tenant in common).
Regulation 31: added, on 19 December 2007, by section 118 of the Taxation (KiwiSaver) Act 2007 (2007 No 110).