Clause 16A. Transfer compensation grants

16A

Transfer compensation grants

16A.1

Where, after 1 July 2007, MSD determines to change the pay day of a specified benefit from a fortnightly pay day to a weekly pay day, MSD may make one non-recoverable grants of not more than the amount in clause 16A.2 to a beneficiary receiving that benefit as compensation for any loss incurred by the beneficiary as a result of the change.

16A.2

The amount referred to in clause 16A.1 is the higher of the following amounts:

(a)

the total of-

(i)

the weekly amount of the specified benefit payable to the beneficiary:

(ii)

the weekly amount of any benefit or periodic payment that is payable to the beneficiary together with the specified benefit:

(b)

if MSD has, before the selected day, made an estimate of the amount referred to in paragraph (a) and, on the basis of that estimate, has notified the beneficiary in writing of the amount of compensation he or she will receive, the notified amount.

16A.3

In calculating the amount referred to in clause 16A.2(a), MSD must-

(a)

calculate it in relation to the beneficiary's circumstances known to MSD on the selected day; and

(b)

disregard any deduction from any benefit under regulation 209(2)(b) of the Social Security Regulations 2018 or any deduction notice.

16A.4

Nothing in Part 2 prevents a grant being made under this clause.

16A.5

In this clause,-

(revoked)

selected day means a day (being a day in the week before the change in pay day takes effect) selected by MSD in relation to a particular beneficiary or beneficiaries of a stated kind or description

specified benefit means any of the following benefits:

(a)

sole parent support:

(b)

the emergency benefit known as maintenance allowance:

(c)

a supported living payment under section 34 of the Act:

(d)

an orphans benefit:

(e)

an unsupported child's benefit:

(f)

(revoked).

Definitions benefit, MSD, pay day, New Zealand Superannuation, Social Security Act 2018, Schedule 2