Social Security (Long-term Residential Care) Amendment Regulations (No 3) 2009

2009/206

Crest

Social Security (Long-term Residential Care) Amendment Regulations (No 3) 2009

Anand Satyanand, Governor-General

Order in Council

At Wellington this 27th day of July 2009

Present:
His Excellency the Governor-General in Council

Pursuant to section 155 of the Social Security Act 1964, His Excellency the Governor-General, acting on the advice and with the consent of the Executive Council, makes the following regulations.

Regulations

1 Title
  • These regulations are the Social Security (Long-term Residential Care) Amendment Regulations (No 3) 2009.

2 Commencement
  • These regulations come into force on 31 July 2009.

3 Principal regulations amended
4 Allowable gifts
5 Gift in recognition of care
  • (1) Regulation 9A(1) is amended by omitting $25,000 and substituting $27,500.

    (2) Regulation 9A(2)(d) is amended by omitting $5,000 and substituting $5,500.

    (3) Regulation 9A(2)(e) is amended by omitting $25,000 and substituting $27,500.

Rebecca Kitteridge,
Clerk of the Executive Council.


Explanatory note

This note is not part of the regulations, but is intended to indicate their general effect.

These regulations, which come into force on 31 July 2009, amend the Social Security (Long-term Residential Care) Regulations 2005 (the principal regulations) by increasing the amounts that are allowed to be gifted under regulations 9 and 9A of the principal regulations during a gifting period without affecting the financial means assessment under section 146 of the Social Security Act 1964.

These adjustments are made because a Cabinet decision in 2004 was taken that the allowable gifting level be reviewed annually for adjustment in line with the Consumers Price Index, and that the adjustments occur in $500 increments. The movements in the Consumers Price Index (All Groups) since the gifting levels were set in the principal regulations exceeded $500 for the first time in the year to 31 March 2009.


Issued under the authority of the Acts and Regulations Publication Act 1989.

Date of notification in Gazette: 30 July 2009.

These regulations are administered by the Ministry of Social Development and the Ministry of Health.