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Residential Care and Disability Support Services Act 2018

Miscellaneous

70: Residential care loan scheme

You could also call this:

"Help to pay for rest home care through a special loan if you have too many assets"

Illustration for Residential Care and Disability Support Services Act 2018

If you are a qualifying person and have been means assessed as to assets under section 34, you may apply for a loan under the residential care loan scheme. You can apply if your assets are above the applicable asset threshold and you meet the criteria for eligibility. The Director-General of Health will specify these criteria in a written notice.

The Director-General of Health gives notices that are secondary legislation, which means they have special publication requirements, as explained in Part 3 of the Legislation Act 2019.

You should check the notice to see if you are eligible for the residential care loan scheme.

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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=LMS41675.

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Part 9Miscellaneous

70Residential care loan scheme

  1. A qualifying person (P) who has been means assessed as to assets under section 34 may apply for a loan under the residential care loan scheme operated by the Ministry of Health if—

  2. P's assets are above the applicable asset threshold; and
    1. P meets the criteria for eligibility for the residential care loan scheme specified in a written notice given by the Director-General of Health.

      1. A notice given under this section is secondary legislation (see Part 3 of the Legislation Act 2019 for publication requirements).

      2. Repealed
      Compare
      Notes
      • Section 70(2): replaced, on , by section 3 of the Secondary Legislation Act 2021 (2021 No 7).
      • Section 70(3): repealed, on , by section 3 of the Secondary Legislation Act 2021 (2021 No 7).