Social Security Act 2018

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

340B: Credit on payment card at end of money management

You could also call this:

"Getting leftover money from your payment card when money management ends"

If you have a payment card for money management, and you have not spent all the money on it, you might be able to get the remaining money paid to you. This can happen if money management was imposed on you, and you either died with money still on the card or you are no longer required to have money management. You must have a payment card with money on it that was given to you for money management, as described in section 340A and regulations made under section 418(1)(jb). You or someone acting for you can ask the Ministry of Social Development to pay you the money on the card, as allowed under section 339. If you have died, your spouse, partner, the person caring for your child, or your personal representative can make this request. You can make this request by talking or writing to the Ministry of Social Development, and you can use any reasonable form or words to make the request. The Ministry of Social Development can then pay you the money that is on the card, as allowed under section 339.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS1445461.


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

340BCredit on payment card at end of money management

  1. This section applies to a person to whom section 236A applies (P) if—

  2. money management—
    1. is imposed on P, and has effect, when P dies; or
      1. was, but is no longer, imposed on P (whether or not P has died); and
      2. under the prescribed required manner of payment for money management for certain payments to P (see section 340A and regulations made under section 418(1)(jb)), P has a payment card to which 1 or more amounts payable to P have been credited for the purchase of goods or services; and
        1. the amounts on the card have not been fully spent.
          1. An application to MSD to have MSD pay the amount standing to the credit of P on the card to, or on account of, P under section 339 may be made by,—

          2. if P is alive, P or a person acting on P’s behalf; or
            1. if P has died and has a surviving spouse or partner, P’s surviving spouse or partner; or
              1. if P has died and has no surviving spouse or partner but has a surviving dependent child, the person who has the care of the child; or
                1. if P has died and has no surviving spouse, partner, or dependent child, P’s personal representative.
                  1. An application made under this section may be made—

                  2. orally or in writing; and
                    1. in any form, and using any wording, that is reasonable for the purpose.
                      1. On an application made under this section, MSD may pay the amount standing to the credit of P on the card to, or on account of, P under section 339.

                      Notes
                      • Section 340B: inserted, on , by section 54 of the Social Security Amendment Act 2025 (2025 No 25).