Social Security (Criteria for Incentive Payments and Money Management) Amendment Regulations 2018

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2018/18

Coat of Arms of New Zealand

Social Security (Criteria for Incentive Payments and Money Management) Amendment Regulations 2018

Patsy Reddy, Governor-General

Order in Council

At Wellington this 26th day of February 2018

Present:
The Right Hon Jacinda Ardern presiding in Council

These regulations are made under section 132 of the Social Security Act 1964 on the advice and with the consent of the Executive Council.

Regulations

1 Title

These regulations are the Social Security (Criteria for Incentive Payments and Money Management) Amendment Regulations 2018.

2 Commencement

These regulations come into force on 1 July 2018.

3 Principal regulations

4 Regulation 3 amended (Interpretation)

In regulation 3(1), definition of specified payment, after paragraph (c)(iv), insert:

(v)

the amount of any winter energy payment payable to the young person

Michael Webster,
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 1 July 2018, amend the Social Security (Criteria for Incentive Payments and Money Management) Regulations 2012 (the principal regulations). The definition of specified payment in the principal regulations is amended to include, for the purposes of section 179(4)(a)(iv) of the Social Security Act 1964, the amount of any winter energy payment. The effect of this amendment is that any winter energy payment payable to a young person must be paid in the manner stated in Part 2 (money management) of the principal regulations.

Issued under the authority of the Legislation Act 2012.

Date of notification in Gazette: 1 March 2018.

These regulations are administered by the Ministry of Social Development.