Veterans’ Support Amendment Regulations (No 2) 2021

2021/27

Coat of Arms of New Zealand

Veterans’ Support Amendment Regulations (No 2) 2021

Patsy Reddy, Governor-General

Order in Council

At Wellington this 22nd day of February 2021

Present:
The Right Hon Jacinda Ardern presiding in Council

These regulations are made under sections 171 and 265(1) of the Veterans’ Support Act 2014 on the advice and with the consent of the Executive Council.

Regulations

1 Title

These regulations are the Veterans’ Support Amendment Regulations (No 2) 2021.

2 Commencement

These regulations come into force on 1 April 2021.

3 Principal regulations

These regulations amend the Veterans’ Support Regulations 2014 (the principal regulations).

4 Regulation 42 replaced (Rates of veteran’s pension)

Replace regulation 42 with:

42 Rates of veteran’s pension

(1)

Notices of adjustment of the rates of veteran’s pension payable under Part 6 of the Veterans’ Support Act 2014 are published on an internet site maintained by or on behalf of VANZ in accordance with section 170 of the Veterans’ Support Act 2014.

(2)

The rates payable are subject to any abatement under regulation 42A.

5 Regulation 42A amended (Abatement of veteran’s pension)

Replace regulation 42A(2) to (4) with:

(2)

On and from 1 April 2021 VANZ must, in calculating the veteran’s pension payable to a veteran to whom this subclause applies, reduce the amount of the pension payable by 70 cents for every $1 of the combined income of the person receiving a veteran’s pension and his or her spouse or partner that exceeds $160 per week.

(3)

On and from 1 April 2021 VANZ must, in calculating the veteran’s pension payable to a veteran to whom this subclause applies, reduce the amount of the pension payable by—

(a)

30 cents for every $1 of the employment income derived by the veteran (before deduction of income tax) that exceeds $160 per week, but does not exceed $250 per week; and

(b)

70 cents for every $1 of the employment income derived by the veteran (before the deduction of income tax) that exceeds $250 per week.

(4)

On and from 1 April 2021 VANZ must, in calculating the veteran’s pension payable to a veteran to whom this subclause applies, reduce the amount of the pension payable by—

(a)

30 cents for every $1 of the combined income derived by the veteran and the veteran’s spouse or partner that exceeds $160 per week, but does not exceed $250 per week; and

(b)

70 cents for every $1 of the combined income derived by the veteran and the veteran’s spouse or partner that exceeds $250 per week.

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 April 2021, amend the Veterans’ Support Regulations 2014, by increasing the levels of other income that a veteran, spouse, or partner may receive without abatement of the veteran’s pension.

Regulatory impact assessment

The New Zealand Defence Force produced a regulatory impact assessment on 3 December 2020 to help inform the decisions taken by the Government relating to the contents of this instrument.

A copy of this regulatory impact assessment can be found at—

Issued under the authority of the Legislation Act 2012.

Date of notification in Gazette: 25 February 2021.

These regulations are administered by the New Zealand Defence Force.