Explanatory note
This note is not part of the regulations, but is intended to indicate their general effect.
The parental income threshold (weekly amount) specified in clause 3(3) of Schedule 2 was increased on 1 April 2019 to reflect the increase in the Consumer Price Index (All Groups) for the year ending 31 March 2019. However, the figure in regulation 5(1), which should express the parental income threshold as an annual amount, was not changed at the same time so is incorrect.
Regulation 5(1), as amended, provides that the parental income threshold (annual amount) is the amount specified in clause 3(3) of Schedule 2 multiplied by 52. This formulation corrects the error made on 1 April 2019 and makes the relationship between the two provisions more transparent. The formulation also removes the possibility of the error recurring in the future because it will no longer be necessary to amend regulation 5(1) each time the parental income threshold is increased.
Issued under the authority of the Legislation Act 2012.
Date of notification in Gazette: 30 May 2019.
These regulations are administered by the Ministry of Social Development.