Explanatory note
This note is not part of the order, but is intended to indicate its general effect.
Under new clauses 5B and 5C, a person is eligible for a third grant if the person experienced a minimum 30% decline in revenue in relation to a business or an organisation during a third nominated 7-day period. The third period must be during the period starting on or after 1 October 2021 and ending immediately before all areas of New Zealand return to COVID-19 alert level 1.
Under new clauses 5D and 5E, a person is eligible for a fourth grant if the person experienced a minimum 30% decline in revenue in relation to a business or an organisation during a fourth nominated 7-day period. The fourth period must be during the period starting on or after 22 October 2021 and ending immediately before all areas of New Zealand return to COVID-19 alert level 1.
The nominated 7-day periods for the first, second, third, and fourth grants may overlap in time.
New clause 7 modifies the method of calculating grant payments for eligible persons who are members of a commonly owned group. It allows those persons to count employees of other members of the commonly owned group if those employees regularly work for them. A member of a commonly owned group who has already received 1 or more grants under the August order can apply for a top-up payment if the calculation method inserted by this order would be more advantageous to them.
Issued under the authority of the Legislation Act 2012.
Date of notification in Gazette: 7 October 2021.
This order is administered by the Inland Revenue Department.