Social Security Act 2018

Administration - Payment of benefits, tax on benefits, debts and deductions - Payment of benefits

345: Credit on payment card, etc, at end of youth money management

You could also call this:

"Getting leftover money from your payment card when you finish a youth money management programme"

If you are a young person and you stop being part of a youth money management programme, this section might apply to you. You must have a payment card, voucher, or device with money on it that you haven't fully spent. The money on the card, voucher, or device is for buying goods or services.

If this section applies to you, you or someone on your behalf can ask the Ministry of Social Development to cancel your payment card, voucher, or device. They can then pay you the money that is left on the card, voucher, or device, but first they will deduct any debt you owe. They will pay you under section 339.

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This page was last updated on

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM6959009.


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344: Young person beneficiaries may elect youth money management, or

"Young people on a benefit can choose a special way to get their money called youth money management."


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346: Required manner of payment: payment on death of beneficiary, or

"What happens to your benefit payment if you pass away"

Part 6Administration
Payment of benefits, tax on benefits, debts and deductions: Payment of benefits

345Credit on payment card, etc, at end of youth money management

  1. This section applies to a young person if—

  2. the young person ceases to be subject to a youth money management manner of payment; and
    1. the young person has a payment card, voucher, or device to which an amount or amounts payable to the young person have been credited for the purchase of goods or services; and
      1. the amount on the card, voucher, or device has not been fully spent.
        1. MSD may, after receiving an oral or a written application to do so made (in any form, and using any wording, that is reasonable for the purpose) by or on behalf of a young person to whom this section applies,—

        2. cancel the young person’s payment card, voucher, or device; and
          1. pay the amount standing to the credit of the young person on the payment card, voucher, or device (after the deduction of any debt recoverable from the young person) to the young person under section 339.
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            Notes
            • Section 345 heading: amended, on , by section 61 of the Social Security Amendment Act 2025 (2025 No 25).
            • Section 345(1)(a): amended, on , by section 61 of the Social Security Amendment Act 2025 (2025 No 25).