28 JANUARY
NEW ZEALAND GAZETTE
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(b) has no significant income other than from the land based industry, and
(c) either—
(i) has made a decision to sell the land based industry at a price the chief executive considers to be realistic; or
(ii) is in the process of actively evaluating the ongoing viability of the land based industry; and
(d) has no assets unconnected with the land based industry which it would be practicable to realise.

18.3 The approvals of the Minister for the purposes of clause 18.2 (a) and clause 18.6 in force at the commencement of this programme are set out in Schedule 1.

18.4 For the purposes of this Part the definition of Cash Assets in clause 3.1 does not apply and the following definition is substituted:

“‘Cash Assets’”, in relation to any person, mean assets of that person and his or her spouse (if any) that can be readily converted into cash and include—
(a) shares, debentures, bonus bonds, and other bonds;
(b) bank accounts, including fixed and term deposits with any bank, friendly society, credit union, or building society;
(c) money invested with or lent to any bank or other financial institution;
(d) the net equity held in any property or land not used as the person’s home (except that the net equity in the land based industry, as defined in this clause, is not to be included in the applicant’s cash assets in relation to an application for a grant under this Part);
(e) building society shares;
(f) mortgage investments and other long term loans;
(g) bills of exchange or promissory notes;
(h) the applicant’s share in any partnership;
but do not include—
(i) the motor vehicle principally used by the applicant for his or her personal use;
(ii) which is used by the person or a member of his or her immediate family for day to day accommodation;
(j) a caravan, boat, or other vehicle—
(i) the net equity in which is less than $2,000; or
(ii) which is used by the person or a member of his or her immediate family for day to day accommodation;
(k) the personal effects of the person and his or her spouse (if any);
(l) the proceeds from the sale of capital pastoral stock (whether held or not held in any of the assets in paragraphs (b), (c), (f) or (g) of this definition);

18.5 For the purposes of this Part—
“‘District’”, unless otherwise stated, has the meaning in the Local Government Act 1974;
“‘Farmer’” means—
(a) a person who derives his or her principal income directly or indirectly from a land based industry and has a history of so doing; or
(b) a person who intends to so derive his or her income but the land based industry is in the developmental stage;
“‘Income’”, in relation to a married person, includes the income of his or her spouse;
“‘Land Based Industry’” includes, but is not limited to, the primary production of meat, wool, or dairy products, arable farming, sharemilking, an orchard, bee-keeping, herb or flower growing, a market garden, and poultry farming but does not include hobby farming;
“‘Region’”, unless otherwise stated, has the meaning in the Local Government Act 1974.

18.6 Grants may not be made under clause 18.2 for more than a period of 1 year or the appropriate period approved by the Minister, whichever is the lesser.

18.7 If the Minister has extended the application of this Part in relation to a district, region, or an area for a further period, on application made by the farmer the chief executive may, in his or her discretion, make grants under clause 18.2 for up to that extended period if, after conducting a review of the farmer’s circumstances, the chief executive considers the personal circumstances of the farmer justify such grants being made.

18.8 The maximum amount of grants under clause 18.2 are—

To a married person with one dependent child
75 per cent of the applicable rate of community wage diminished by $1 a week for every $1 a week of that person’s income.

To a married person with 2 or more dependent children
75 per cent of the applicable rate of community wage diminished by $1 a week for every $1 a week of that person’s income.

To a married person without dependent children
75 per cent of the applicable rate of community wage diminished by $1 a week for every $1 a week of that person’s income.

To a sole parent with one dependent child
75 per cent of the applicable rate of community wage diminished by $1 a week for every $1 a week of that person’s income.

To a sole parent with 2 or more dependent children
75 per cent of the applicable rate of community wage diminished by $1 a week for every $1 a week of that person’s income.

To an unmarried person with no dependent children
75 per cent of the applicable rate of community wage diminished by $1 a week for every $1 a week of that person’s income.

Definitions dependent child, chief executive, income, sole parent, spouse, Social Security Act 1964, s. 3

Part VII

Administration

19. Applications

19.1 An application for a grant under this programme is to be made to the department in such form as the chief executive from time to time prescribes.

19.2 An application for a grant must be made by the