Clause 5. Interpretation

5

Interpretation

(1)

In this programme, unless the context otherwise requires,-

Act means the Social Security Act 2018.

applicant means a person who has applied, or on whose behalf an application has been made, for flexible funding assistance under this programme.

cash assets means the cash and the other assets of the applicant and their spouse or partner that can be readily converted to cash, and include:

(a)

shares, stocks, debentures, or bonds;

(b)

bank accounts, including fixed and term deposits with any bank, friendly society, credit union, or building society;

(c)

money invested with or lent to any bank or other financial institution, or other person, whether on mortgage or other security, or unsecured;

(d)

the net equity held in any property or land not used as the applicant's home;

(e)

building society shares;

(f)

bills of exchange or promissory notes;

(g)

a share or shares in any partnership;

but do not include-

(h)

any grants made under this programme; and

(i)

the motor vehicle or other vehicle required by the applicant for their personal use; or

(j)

if the applicant is in a relationship, the motor vehicle or other vehicle required by the applicant's spouse or partner for their personal use; and

(k)

a caravan, boat, or other vehicle-

(i)

in which the net equity is less than $2,000; or

(ii)

which is used by the applicant, the applicant's spouse or partner, and dependent children, for day to day accommodation; and

(l)

the personal effects of the applicant and their spouse or partner; and

(m)

any payment or item declared not to be cash assets by Part 1 of Schedule 8 of the Social Security Regulations 2018

dependent child in relation to an applicant, has the same meaning as in Schedule 2 of the Act, and also means-

(a)

a child who, on or after the child's 18th birthday, is included as a dependent child in the applicant's dependent child rate benefit or specified children's benefit under sections 103B to 103F of the Act, until the end of a determined period under section 103F(2) of the Act:

(b)

a child who, MSD is satisfied based on all relevant information available to MSD, on or after the child's 18th birthday, meets the criteria in (a) to (c) of section 103F(1) of the Act for a period MSD determines, but ending no later than the start of the week after 31 December in the year the child turns 18.

emergency housing grant has the same meaning as in clause 4 of the Emergency Housing Grants Programme

emergency housing has the same meaning as in clause 4 of the Emergency Housing Grants Programme

immediate family, in relation to an applicant means an applicant's dependent children and spouse or partner (if any), who are staying with the applicant in the same emergency housing.

income has the same meaning as in Schedule 2 of the Act, and also includes-

(a)

any New Zealand superannuation or veteran's pension payable to the applicant or their spouse or partner; and

(b)

the amount of any payments made to the applicant or their spouse or partner under-

(i)

the New Employment Transition Grant Programme; or

(ii)

the Seasonal Work Assistance Programme; or

(iii)

the Work Bonus Programme

and in relation to an applicant means-

(c)

the applicant's income; and

(d)

the income of the applicant's spouse or partner (if any).

(2)

If a term used in this programme is defined in the Act but not in this programme, the term has the meaning given by the Act.