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Residential Care and Disability Support Services Act 2018

Means assessment - First stage: assets assessment

34: Assets assessment

You could also call this:

"Checking what you own to work out how much you have for care and support"

Illustration for Residential Care and Disability Support Services Act 2018

When you are getting a means assessment, the first step is to look at your assets. You do this to figure out how much you have. This is called an assets assessment.

Your assets assessment must follow the rules in Part 2 of Schedule 2. This is so everything is done fairly and correctly. You can find the rules you need to follow in this part.

If you are a special case person, this section does not apply to you. This means you do not have to contribute from your assets, as stated in section 22(1), 24(1), or 26. You can check these sections to see if you are a special case person.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS41594.

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33: MSD must arrange for means assessment, or

"MSD must check how much money you have when you apply for help."

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35: Content of assets assessment, or

"What you own and its value for your assets assessment"

Part 6Means assessment
First stage: assets assessment

34Assets assessment

  1. The first stage of a means assessment is an assets assessment.

  2. An assets assessment must be conducted in accordance with Part 2 of Schedule 2.

  3. This section does not apply to a special case person (who, under section 22(1), 24(1), or 26, is not liable to contribute from that person’s assets).

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