Social Security (Long-term Residential Care) Amendment Regulations (No 2) 2017

  • revoked
  • Social Security (Long-term Residential Care) Amendment Regulations (No 2) 2017: revoked, on 1 July 2018, by regulation 4 of the Social Security (Long-term Residential Care) Amendment Regulations (No 2) 2018 (LI 2018/78).

Reprint as at 1 July 2018

Coat of Arms of New Zealand

Social Security (Long-term Residential Care) Amendment Regulations (No 2) 2017

(LI 2017/96)

Social Security (Long-term Residential Care) Amendment Regulations (No 2) 2017: revoked, on 1 July 2018, by regulation 4 of the Social Security (Long-term Residential Care) Amendment Regulations (No 2) 2018 (LI 2018/78).

Rt Hon Dame Sian Elias, Administrator of the Government

Order in Council

At Wellington this 15th day of May 2017

Present:
Her Excellency the Administrator of the Government in Council

Note

Changes authorised by subpart 2 of Part 2 of the Legislation Act 2012 have been made in this official reprint.

Note 4 at the end of this reprint provides a list of the amendments incorporated.

These regulations are administered by the Ministry of Social Development.

These regulations are made under section 155 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 (Long-term Residential Care) Amendment Regulations (No 2) 2017.

2 Commencement

These regulations come into force on 1 July 2017.

3 Schedule 27 of Social Security Act 1964 amended

In the Social Security Act 1964, Schedule 27,—

(a)

in clause 1(2), replace “$219,889” with “$224,654”; and

(b)

in clause 1(3), replace “$120,416” with “$123,025”; and

(c)

in clause 5, definition of income-from-assets exemption,—

(i)

paragraph (a), replace “$964” with “$982”; and

(ii)

paragraph (b), replace “$1,928” with “$1,964”; and

(iii)

paragraph (c), replace “$2,892” with “$2,946”.

4 Consequential revocation

The Social Security (Long-term Residential Care) Amendment Regulations 2016 (LI 2016/107) are revoked.

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 2017, amend Schedule 27 of the Social Security Act 1964 (the Act), which relates to means assessments for long-term residential care.

Section 155 of the Act requires the relevant asset thresholds set out in Schedule 27 to be increased by an amount that reflects the movement in the New Zealand Consumers Price Index (All Groups) for the year that ended on 31 March 2017, rounded up to the nearest whole dollar. The movement of that index was 2.17% for that year. The new asset thresholds are, therefore, $224,654 for Threshold A and $123,025 for Threshold B.

Section 155 of the Act also requires the income-from-assets exemption set out in Schedule 27 to be increased by an amount that reflects the movement in the New Zealand Consumers Price Index (All Groups, excluding cigarettes and other tobacco products) for the year that ended on 31 March 2017, rounded up to the nearest whole dollar. The movement of that index was 1.87% for that year. The new amounts are, therefore, $982 for a resident who is single, $1,964 for a resident who has a spouse or partner who is also a resident assessed as requiring care, and $2,946 for a resident who has a spouse or partner who is not a resident assessed as requiring care.

The increases are based on last year’s unrounded amounts as required by section 155(3)(b) of the Act.

Issued under the authority of the Legislation Act 2012.

Date of notification in Gazette: 18 May 2017.

Reprints notes
1 General

This is a reprint of the Social Security (Long-term Residential Care) Amendment Regulations (No 2) 2017 that incorporates all the amendments to those regulations as at the date of the last amendment to them.

2 Legal status

Reprints are presumed to correctly state, as at the date of the reprint, the law enacted by the principal enactment and by any amendments to that enactment. Section 18 of the Legislation Act 2012 provides that this reprint, published in electronic form, has the status of an official version under section 17 of that Act. A printed version of the reprint produced directly from this official electronic version also has official status.

3 Editorial and format changes

Editorial and format changes to reprints are made using the powers under sections 24 to 26 of the Legislation Act 2012. See also http://www.pco.parliament.govt.nz/editorial-conventions/.

4 Amendments incorporated in this reprint

Social Security (Long-term Residential Care) Amendment Regulations (No 2) 2018 (LI 2018/78): regulation 4