68Accommodation supplement: special rules for joint tenants who are in relationship

1. If premises are occupied as a residence by 2 or more joint tenants that include 1 or more couples who are in a relationship, then, for the purposes of determining the rate of an accommodation supplement,—

2. each couple is treated as 1 joint tenant; and
3. despite the definition of weekly qualifying accommodation costs in clause 7 of Part 7 of Schedule 4, the weekly qualifying accommodation costs of that 1 joint tenant are the total of the weekly qualifying accommodation costs of both members of the couple; and
4. the cash assets and income of that 1 joint tenant are the total of the cash assets and income respectively of both members of the couple.

5. In this section,—

   cash assets—

   1. means—
      1. money saved with a bank or other institution, money invested with a bank or other institution, or money banked with a bank or other institution:
      2. money invested in securities, bonds, or debentures, or advanced on mortgage:
      3. money withdrawn from a KiwiSaver scheme registered under subpart 2 of Part 4 of the Financial Markets Conduct Act 2013:
      4. money invested in shares in a partnership or limited liability company or other incorporated or unincorporated body; but
   2. does not include—
      1. any contributions to, or any member’s interest in, any KiwiSaver scheme that is registered under subpart 2 of Part 4 of the Financial Markets Conduct Act 2013; or
      2. any item or kind of cash assets or any amount of cash assets exempted by regulations made under section 423(1)(b)

   tenant, in relation to rented premises, includes a person who pays rent in respect of the premises, whether or not the person is a party to the tenancy agreement or lease of the premises.