This note is not part of the regulations, but is intended to indicate their general effect.
These regulations, which come into force on 1 January 2010, are made under the Social Security Act 1964. They amend the Social Security (Temporary Additional Support) Regulations 2005 by adding new regulation 8(3)(ia) and (k) to (n), which exclude certain items from a person's cash assets. (A person's cash assets are considered when determining his or her eligibility for temporary additional support.) The new excluded items are—
any amount of income derived by the person from a payment received from the Viet Nam Veterans and Their Families Trust (new regulation 8(3)(ia)); and
any payment made to the person on or after 17 August 2007 by the EVSA (Neville Wallace Memorial) Children's & Grandchildren's Trust, and any income derived by the person from that payment (new regulation 8(3)(k) and (l)); and
any payment made by or on behalf of the Crown to the person because the person is a victim, and any income derived by the person from that payment (new regulation 8(3)(m) and (n)).
The exemptions apply only in respect of the first 12 months after the payment is made.
Date of notification in Gazette: 17 December 2009.
These regulations are administered by the Ministry of Social Development.