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 money management

You could also call this:

“Leftover money on cards or vouchers after money management ends”

When you stop being under money management, you might still have money on a payment card, voucher, or device that you were given to buy things. If this happens, you can ask the Ministry of Social Development (MSD) to cancel your card, voucher, or device. You can ask by talking to them or writing to them. You don’t need to use special words - just explain what you want in a way that makes sense.

If MSD agrees, they will cancel your card, voucher, or device. Then, they will give you any money that’s left on it. But first, they will take away any money you owe them. They will pay you this money in the same way they usually pay your benefit, as described in section 339 of the law.

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

Topics:
Money and consumer rights > Banking and loans
Government and voting > Government departments

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344: Young person beneficiaries may elect money management, or

“Young people on certain benefits can choose to have their money managed for them”


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

“How benefit payments are handled when someone receiving a benefit dies”

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

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

  1. This section applies to a young person if—

  2. the young person ceases to be subject to a 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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