Clause 14. Rules as to recovery

14

Rules as to recovery

(1)

Before granting recoverable assistance under this programme, MSD must negotiate a repayment plan with the applicant.

(2)

MSD must set a rate of recovery that ensures the amount of the grant is repaid within 24 months after the grant is paid unless exceptional circumstances exist.

(3)

In determining the rate of repayment by instalments, MSD must have regard to-

(a)

whether the instalment reductions will leave enough for the applicant's living expenses and any other debt repayments; and

(b)

the likelihood that it would cause the applicant to seek further grants or other supplementary assistance under the Act.

(4)

MSD may, from time to time, review the rate of recovery of a grant and may increase or decrease or make no alterations to the rate.